Director, Product Development

Location: New York
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Senior Director, Product Development page is loaded## Senior Director, Product Development locations:
New York, New Yorktime type:
Full time posted on:
Posted Todayjob requisition :
UMG-22923

We are UMG, the Universal Music Group. We are the world’s leading music company. In everything we do, we are committed to artistry, innovation and entrepreneurship. We own and operate a broad array of businesses engaged in recorded music, music publishing, merchandising, and audiovisual content in more than 60 countries. We identify and develop recording artists and songwriters, and we produce, distribute and promote the most critically acclaimed and commercially successful music to delight and entertain fans around the world.
** How we LEAD:
** The Sr. Director Product Development & Sourcing will be an essential part of the UMG team, helping to drive execution of merchandise needs for Artist specific E-commerce Campaigns. This position will report directly to the VP of Product Development,    This is a fast paced, high-volume position that requires tenured PD & sourcing experience for many different product categories, including Apparel, Hardline and Softline Accessories.
The ability to establish partner relationships with the current vendor base and to source new suppliers is critical for the role. Focusing on competitive pricing, new ideation, quick turn times, quality control and on time deliveries is key.

The Sr. Director Product Development & Sourcing is responsible for establishing, developing and directing the PD strategy for merchandise and accessories and effectively directing the business relationships with finished product suppliers
** How you'll CREATE:
*** Front Facing Position, working closely with Artist Management Team and External Partners
* Develop/source new and existing fabric, trims, washes/dyes vendors for all upcoming development
* Develop and maintain libraries for Fabric and Wash developments
* Leverage trade tools to stay updated with trends. Foresee new product opportunities. Identify new factories or expand facilities of existing factory base in the growing countries.
* Direct the Technical Design Team and Creative Team to ensure complete technical package is done to initiate development
* Initiate time and action calendars.  Drive activity alongside cross-functional teams as well as Artist Management to remain on schedule.
* Ensure adherence to schedules via time and action management, close monitoring of key milestone dates.
* Management of pre-production/development timelines, reviewing reports and recommending solutions to exceptions
* Manage all details in regard to the development process, managing the Sampling submits and responsible to effectively communicated all Design comments to vendors to ensure product meets expectation. Also work alongside the technical design to ensure proper FIT comments are sent
* Work collaboratively with the Brand Management and Creative teams to develop a final assortment that is executable in production
* Negotiate and Cost engineer products with vendors across multiple programs and communicate needs to the design team to ensure product is being built around Retail price point targets and margin requirements.
* Manage overall pricing and P&L analysis along with finance to ensure margin targets are met for new products and category introductions.
* Initiate weekly development touch bases w/ cross-functional meetings for potential order issues as appropriate
* Develop and manage process workflow improvements
* Work alongside Production counterparts to ensure products being developed align with deadlines in mind to ensure seamless transition of Production scheduling and output
* Manage supplier’s product integrity and order specification compliance details including dye lots, wash effect, hand feel and shade bands. Provide risk assessment analysis based on complexity of design.
* Work alongside Compliance team to ensure new…