AVP - New Product Development | Scrabble
Posted on April 24, 2025
Job Description
<div>Development<br />
About Skillmatics<br />
Skillmatics is a global brand that develops innovative educational games, art &amp; craft activities,<br />
learning resources and STEM toys that build core skills in children through the joy of play. We have<br />
been growing exponentially since we launched in 2017 and have hit several milestones:<br />
Sold 8,000,000+ units across 20+ countries.<br />
Hit the No 1 Rank on Amazon USA across the entire Toys &amp; Games category.<br />
Bestselling brand on Amazon with 150,000+ global reviews with an average rating of 4.6<br />
Stars.<br />
Offline roll out across 20,000 global retailers including Walmart, Target, Hamleys &amp; Smyths.<br />
Awarded the Global SMB of the Year by Amazon.<br />
Raised $25 Million in venture capital from marquee global investors (Sequoia and Sofina).<br />
Founder was featured in the Forbes 30 under 30 Entrepreneur List.<br />
Team of 250+ across California, Texas, and Mumbai.<br />
Skillmatics’ sister concern is a market leader in the global packaging industry with 12 manufacturing<br />
facilities based in India and revenues of over $300 Million. This gives us a unique competitive<br />
advantage from a supply chain perspective as we are fully vertically integrated. We have leveraged<br />
this to build a product development process that is 5X faster than incumbent brands in the category.<br />
The Role<br />
Take charge of all global new product development for Skillmatics’ products, reporting<br />
directly to the Chief Development Officer<br />
Manage the existing product development team and hire additional team members, to<br />
eventually create a team that can churn out 150 new products a year<br />
Meet new product cost targets, improve existing products gross margin<br />
Understand the existing capabilities on different substrates like paper, wood, cloth and<br />
develop capabilities on new substrates<br />
Improve Skillmatics’ supply chain from a capability as well as capacity perspective<br />
Lead vendor relationships and maintain new product launch timeline commitments<br />
Create robust reporting dashboards to review with leadership</div>
<div>You’re a good fit if you:<br />
Are able to understand costing decisions, business models and are good with excel<br />
Have good communication skills and are able to independently propose solutions while<br />
working well with people<br />
Are a self starter and interested in a role with cross-functional exposure<br />
Have high energy and a bias for action with unimpeachable integrity<br />
Preferred Qualification<br />
7+ years of experience, with a preference of background in product development for<br />
consumer goods</div>