Product Development Specialist

4 hours ago

Manila, National Capital Region, Philippines IDS Medical Systems (idsMED) Full time $104,000 - $130,878 per year

The Product Development Specialist is responsible for identifying market opportunities and developing innovative product solutions from concept to launch. This role works closely with cross-functional teams and vendors to ensure timely execution and alignment with business growth objectives.

Core Responsibilities


•Identify key business opportunities to ensure achievement of revenue and growth targets


•Lead product solution development with teams to determine requirements based on the needs of our client/customer


•Liaise directly with principals/vendors on behalf of the business units. Organize and facilitate meetings to establish business requirements


•Draft business plan which includes industry overview, market analysis and competition, sales & marketing plan & financials.


•Collaborate with Product Managers/Product Specialists to manage and execute business plans and initiatives in relation to all medical consumables & devices and equipment.


•Coordinate with internal stakeholders in facilitating distributor's agreement/contracts to make sure that all related documents are in place for a quicker turn-around time.


•Work closely with the Regulatory affairs department for timely product registration in relation to the product launch schedule

Additional Job Responsibilities


•Identify new products to ensure achievement of revenue and growth targets


•Continuously review industry trends and client feedback to anticipate future market needs.


•Work with medical consumables FSS and InnoQ product & clinical specialists to identify products gaps


•Work hand-in-hand with InnoQ Product Specialist regarding pre-launch activities in terms of stock availability, product positioning and pricing

Qualifications:


• Bachelor's degree in Business Administration, Economics, or related field


• At least 2–3 years of experience in product development, business development, or a related role, preferably in the healthcare or medical devices industry


• Strong analytical and strategic thinking skills with the ability to translate market needs into actionable plans


• Excellent communication, presentation, and negotiation skills


• Ability to work collaboratively across cross-functional teams and manage multiple projects simultaneously


• Knowledge of regulatory processes for medical equipment is a plus

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