Beauty Product Developer

Welcome to IBG! IBG (Innovative Beauty Group) is a global one-stop beauty shop. By partnering with our clients as an extension of their teams, we bring beauty visions to life. IBG consists of more than 300 colleagues spread over 13 locations worldwide. IBG North America specializes in turnkey solutions, private label and packaging in the beauty industry. Together, we are concept builders and boosters with global opportunities for well-known retailers and brands. We are currently seeking a highly organized and detail-oriented Product Developer to join our dynamic beauty team. They will be responsible for driving product sourcing excellence across designated categories, ensuring best-in-class quality, and pricing to meet client needs. This role serves as the sourcing expert, partnering closely with our internal China and Korea teams to identify the right suppliers, negotiate competitive costs, and bring forward innovative, cost-effective product solutions. Working alongside sales teams, this position supports the creation of product offerings that meet customer requirements while maximizing value and profitability. This is for an existing vacancy . In this role, you will: Manage end-to-end sourcing activities across designated product categories, from concept to purchase. Interpret customer briefs and translate them into detailed product specifications for supplier development. Partner with PM & Sales to understand client needs, pricing targets, and quality expectations. Collaborate with Global Supplier base in partnership with our internal China and Korea teams to identify and engage suppliers that provide optimal cost, quality, and timelines. Lead product development initiatives within IBG Lab facilitating internal workshops, presenting strategic recommendations, and shaping product visions that align with IBG Lab’s formulation capabilities and commercial objectives. Negotiate pricing, terms, and production schedules to ensure competitive and accurate costing. Support new business development activities, presenting IBG Lab’s brand development capabilities to prospective clients and contributing to pitch preparation, capabilities presentations, and new client onboarding. Track brand development program performance, monitoring sell-through data, client feedback, and market performance of developed products to inform future brand strategy recommendations. Support cost analysis, testing requirements and approval processed for each new item. Ensure that all products comply with relevant safety regulations, labelling laws and import requirements. Maintain updated records in PMOne system, including specifications, sample review, version control and supplier communications. Support the development of proposals and quotations that align with customer specifications and pricing strategies. Recommend sourcing strategies and continuous improvement opportunities to enhance speed-to-market and cost efficiency. …