Assistant Manager – NPD (Vendor Development & Costing) (Gurugram)

Assistant Manager – NPD (Vendor Development & Costing) (Gurugram)

29 Oct
|
Groz Engineering Tools
|
Gurugram

29 Oct

Groz Engineering Tools

Gurugram

Job Describtion:

Assistant Manager – NPD (Vendor Development & Costing)

Company: Groz Engineering Tools
Location: Gurugram, Haryana
Department: Current Product Development (NPD)
Designation: Assistant Manager
Experience: 4–7 years
Relevant Experience: 3–5 years in Vendor Development, Supplier Management and Costing
Qualification: B.Tech. in Mechanical Engineering
CTC: ₹7–10 LPA

Job Summary

Groz Engineering Tools Pvt. Ltd. is looking for an experienced Assistant Manager – NPD (Vendor Development & Costing) to support new product development through supplier identification, vendor development, cost estimation, quotation analysis and commercial negotiations. The role requires a strong understanding of manufacturing processes, engineering drawings, raw materials and component costing to develop a competitive and reliable supplier base for engineering products.

The ideal candidate should have hands-on experience in sourcing and evaluating engineering components, negotiating with suppliers, analysing manufacturing costs and coordinating with cross-functional teams to meet cost, quality and development timelines.

Key Responsibilities:

1. Vendor Development & Supplier Management

- Identify, evaluate and develop new suppliers for engineering components and NPD requirements.
- Assess supplier capabilities, manufacturing infrastructure, technical competence, quality systems and commercial competitiveness.
- Develop and maintain a qualified supplier base for machined, forged, plated, plastic and sheet-metal components.
- Coordinate with suppliers for technical feasibility, sample development, quotations and timely responses.
- Conduct supplier visits to assess manufacturing capabilities and support vendor development activities.

2. Component Costing & Quotation Analysis

- Prepare and analyse component cost estimates based on raw material, manufacturing processes, machining operations, tooling, surface treatment and other applicable cost elements.
- Understand and evaluate costing for:
- CNC machining, turning, milling and drilling.
- Hot and cold forging.
- Sheet-metal fabrication and stamping.
- Plastic moulding.
- Electroplating and other surface-finishing processes.




- Analyse supplier quotations against technical specifications, estimated manufacturing costs and prevailing market rates.
- Identify cost-reduction opportunities through alternative suppliers, process improvements, material optimisation and commercial negotiations.
- Prepare comparative statements of quotations, highlighting pricing differences, technical deviations, lead times and recommendations for supplier selection.

3. RFQ Management & Commercial Negotiations

- Prepare and release Requests for Quotation (RFQs) to suitable suppliers against engineering drawings and specifications.
- Obtain competitive quotations within defined timelines and ensure all required commercial and technical details are captured.
- Negotiate prices, tooling costs, minimum order quantities, payment terms, lead times and other commercial conditions.
- Resolve supplier queries in coordination with NPD, Design, Quality, Purchase and other relevant departments.
- Maintain records of RFQs, quotations, cost breakdowns, negotiations and supplier evaluations.

4. Engineering Drawing & Quality Documentation

- Read and interpret engineering drawings, dimensions, tolerances, material specifications and component requirements.
- Understand applicable quality and product-development documentation, including APQP (Advanced Product Quality Planning) and PPAP (Production Part Approval Process).
- Coordinate with suppliers and internal stakeholders to ensure technical requirements are understood before quotation and component development.
- Support prototype/sample development, supplier feasibility assessment and resolution of technical issues during new product introduction.

5. Cross-functional Coordination & Reporting

- Work closely with NPD, Design, Quality, Purchase, Production and other stakeholders to ensure timely supplier development and component readiness.
- Prepare supplier comparison reports,



cost analysis reports, vendor evaluation summaries and periodic progress updates.
- Track supplier responses, pending quotations, development timelines and cost-saving opportunities.
- Escalate technical, commercial or delivery-related issues to the reporting manager and recommend corrective actions.

Required Skills & Competencies

- Strong hands-on experience in vendor development, supplier management and engineering component costing.
- Good understanding of manufacturing processes, raw materials and cost structures.
- Ability to interpret engineering drawings and technical specifications.
- Experience in RFQ management, quotation comparison and supplier negotiations.
- Working knowledge of APQP, PPAP and supplier quality documentation.
- Strong analytical, problem-solving and commercial evaluation skills.
- Valuable verbal and written communication skills in English.
- Proficiency in MS Excel for cost analysis, quotation comparison and reporting.
- Proactive approach, relationship-building skills, teamwork and the ability to manage multiple activities simultaneously.

Eligibility Criteria

- B.Tech. in Mechanical Engineering is mandatory.
- Overall experience of 4–7 years, including 3–5 years of relevant experience in vendor development, supplier management or costing of engineering components.
- Experience in machining, forging, sheet metal, plastic moulding and/or plating is essential; exposure to multiple processes will be preferred.
- Must possess a valid driving licence and own vehicle for supplier visits.
- Willingness to travel to supplier locations as required.
- Candidates should be comfortable working from the Gurugram office.

Preferred Industry Background

Candidates from engineering manufacturing, hand tools, power tools, automotive components, industrial equipment, precision machining or allied manufacturing industries will be preferred.

Pay: ₹60,000.00 - ₹75,000.00 per month

Benefits:

- Cell phone reimbursement
- Food provided
- Provident Fund

Application Question(s):

- What is your Current CTC?

Education:

- Bachelor's (Required)

Experience:

- Vendor Development & Costing: 5 years (Required)

Work Location: In person

📌 Assistant Manager – NPD (Vendor Development & Costing) (Gurugram)
🏢 Groz Engineering Tools
📍 Gurugram

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