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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;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;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;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&rsquo; 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&rsquo; 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&rsquo; 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&rsquo;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>
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