Full-Time

Director – Product Development

Posted on 8/31/2024

FIGS

FIGS

201-500 employees

Direct-to-consumer healthcare apparel brand

Healthcare
Consumer Goods

Compensation Overview

$134k - $192kAnnually

+ Equity + Bonus

Senior, Expert

Santa Monica, CA, USA

Category
Product Management
Product
Required Skills
Communications
Marketing
Excel/Numbers/Sheets
Requirements
  • 12+ years of experience in product development within the apparel industry, with a proven track record of leading the end-to-end product creation process.
  • Team leadership experience, including managing and developing high-performing product development teams.
  • Expertise in optimizing duty rates to meet aggressive cost and margin targets.
  • Extensive experience in product development and production processes, from concept to commercialization, with a deep understanding of apparel manufacturing.
  • In-depth knowledge of fabric and garment construction, including technical aspects of textile properties, pattern-making, and sewing techniques.
  • Strong expertise in trims and accessories, ensuring quality, functionality, and cost-efficiency.
  • Advanced proficiency in Excel and Google Sheets, with strong analytical skills for data-driven decision-making.
  • Deadline-oriented and results-driven, with the ability to deliver high-quality products within tight timelines.
  • Experience working within a Product Lifecycle Management (PLM) system (Centric PLM preferred), ensuring seamless coordination and process management.
  • Strong communication skills
  • Excellent organizational skills and attention to detail
  • Strong sense of urgency and ability to prioritize
Responsibilities
  • Develop and communicate a clear and compelling product vision and strategy that aligns with FIGS' mission to transform healthcare apparel.
  • Collaborate with Design and Merchandising teams to ensure product development efforts are in sync with overall brand goals.
  • Lead and mentor a team of Product Developers, fostering a culture of innovation, collaboration, and excellence.
  • Develop and implement training programs to enhance team skills and capabilities.
  • Oversee the development of costing plans, duty rates, sourcing strategies, and fit processes to meet design and merchandising objectives.
  • Manage the tech pack handover process from design to product development, ensuring accuracy and completeness.
  • Conduct wear testing to validate that materials are appropriate for their intended product categories.
  • Conduct product testing to validate component compatibility.
  • Build out and refine the pre-development process, ensuring efficiency and effectiveness.
  • Ensure data integrity across PLM system and seek continuous improvement opportunities in all development processes.
  • Oversee the product development processes for both in-season and late-add products, paying attention to materials, fit, and construction.
  • Plan and track the development schedule to ensure timely completion of tailoring, proto, and SMS in accordance with the product calendar and corporate timeline.
  • Ensure fit intent is achieved through detailed analysis, documentation, and adherence to fit and brand identity standards.
  • Partner with factories to develop innovative construction techniques and samples.
  • Troubleshoot construction challenges in collaboration with technical design and production teams.
  • Ensure cross functional partners (technical design, design, raw materials) are achieving deadlines in order to successfully complete styles by final line review.
  • Facilitate the handoff of buy-ready SKUs to the production team, ensuring all tech packs and product records are complete and accurate.
  • Educate cross-functional teams on the features and benefits of the seasonal product range during key milestone meetings to support product marketing.
  • Implement and maintain the PLM system as the primary platform for all product creation processes, including spec templates, tech sketches, BOMs, and color BOMs.
  • Retain and develop top talent within the organization, enhancing skills and building knowledge to strengthen future succession capabilities.
  • Recruit and onboard top talent as necessary to meet organizational needs.
  • Actively manage and measure organizational performance through quantitative and qualitative assessments.
  • Track and report on department performance metrics monthly and quarterly.

FIGS specializes in healthcare apparel, particularly scrubs and other clothing designed for medical professionals like doctors and nurses. Their products are crafted to provide comfort, durability, and functionality, catering specifically to the needs of those in the healthcare field. FIGS operates on a direct-to-consumer model, which allows them to sell their products directly to customers, eliminating intermediaries. This approach not only helps them maintain control over their brand and customer experience but also enables them to offer competitive prices. Unlike many competitors, FIGS focuses on creating stylish and technically advanced apparel that stands out in a market often filled with basic options. The company's goal is to celebrate and empower healthcare professionals by providing them with high-quality workwear that meets their demands.

Company Stage

IPO

Total Funding

$70M

Headquarters

Culver City, California

Founded

2013

Growth & Insights
Headcount

6 month growth

5%

1 year growth

11%

2 year growth

28%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for healthcare apparel supports FIGS' market expansion opportunities.
  • Partnerships with high-profile events like the Olympics enhance FIGS' brand recognition.
  • The rise of telehealth increases demand for comfortable, professional healthcare apparel.

What critics are saying

  • Increased competition from new entrants could erode FIGS' market share.
  • Rising digital advertising costs may impact FIGS' profitability.
  • Supply chain disruptions could affect FIGS' ability to maintain inventory levels.

What makes FIGS unique

  • FIGS offers antimicrobial, wrinkle-resistant, and stain-repellant scrubs with four-way stretch.
  • The company operates a direct-to-consumer model, enhancing brand control and customer experience.
  • FIGS' partnership with the US Olympic Committee boosts its brand visibility and credibility.

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