Product Development Specialist

Welcome to TJX Companies, where we pride ourselves on being the leading off-price retailer of apparel and home fashions in the world. We are currently seeking a highly motivated and innovative Product Development Specialist to join our dynamic team. As a Product Development Specialist, you will have the opportunity to work on a wide range of products and collaborate with cross-functional teams to bring our unique and ever-changing merchandise to our customers. Our ideal candidate will possess a strong eye for detail, a passion for product development, and a desire to continuously improve and excel in their role. If you are a creative problem-solver with a keen understanding of market trends and an ability to drive results, we want you on our team.

1. Collaborate with cross-functional teams to develop and execute product strategies that align with company goals and market trends.
2. Manage the end-to-end product development process, including researching and sourcing materials, creating product specifications, and coordinating with suppliers.
3. Work closely with design and merchandising teams to ensure product designs meet quality and cost standards.
4. Conduct competitive analysis to identify market trends, pricing strategies, and opportunities for product improvement.
5. Develop and maintain strong relationships with suppliers and vendors to ensure timely and cost-effective delivery of products.
6. Ensure all products meet quality, safety, and regulatory standards.
7. Maintain accurate and up-to-date product development records and documentation.
8. Collaborate with the marketing team to develop product messaging and positioning.
9. Continuously monitor and analyze sales performance and customer feedback to identify areas for improvement and make recommendations for product enhancements.
10. Stay informed about industry and market trends, and make recommendations for new product opportunities.
11. Actively participate in team meetings and contribute ideas to improve processes and drive results.
12. Demonstrate a keen understanding of the TJX brand and its customers to ensure products align with company values and customer preferences.
13. Stay organized and manage multiple projects simultaneously to meet deadlines and achieve targets.
14. Stay up-to-date on industry best practices and implement new processes to improve efficiency and effectiveness in product development.

According to JobzMall, the average salary range for a Product Development Specialist in Mississauga, ON, Canada is between $50,000 to $70,000 per year. This may vary depending on the specific company, industry, and level of experience of the individual. Factors such as education, skills, and job responsibilities can also impact salary.

The TJX Companies, Inc. is an American multinational off-price department store corporation, headquartered in Framingham, Massachusetts. It remained from the original Zayre Corp. that was established in 1956. It operates through the following segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. The Marmaxx segment sells family apparel including footwear and accessories, home fashions including home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, and other merchandise. The HomeGoods segment offers home basics, giftware, accent furniture, lamps, rugs, wall décor, and decorative accessories. The TJX Canada segment operates the Winners, Marshalls, and HomeSense chains in Canada. The TJX Europe segment operates T.K. Maxx and HomeSense chains in Europe.