NPD & Costing Engineer

Job Title: NPD & Costing Engineer
Job Location: Metoda, Rajkot
Experience: 2- 3 Years
Salary: Upto 25K
Preferred Industry: Auto components Manufacturing

Job purpose

As the NPD & Costing Engineer will be responsible for managing and overseeing the development of new products from concept to production. This role requires a hands-on approach and a deep understanding of mechanical engineering, manufacturing processes, and project management.

Duties and responsibilities

· Lead and manage the development of new products, ensuring they meet customer requirements and company standards.

· Collaborate with cross-functional teams including design, production, quality, and supply chain to bring new products to market.

· Conduct feasibility studies, risk assessments, and design reviews.

· Create and review engineering drawings, specifications, and 2D models using CAD software.

· Perform simulations and analyses to validate designs and ensure manufacturability.

· Develop project plans, timelines, and budgets for NPD projects.

· Track project progress, manage resources, and ensure projects are completed on time and within budget.

· Work closely with the production team to ensure smooth transition from development to manufacturing.

· Optimize manufacturing processes to improve efficiency and reduce costs.

· Implement and maintain quality control processes for new products.

· Conduct root cause analysis and corrective actions for any product issues.

· Participate in continuous improvement initiatives and projects.

· Prepare cost estimation and quotation for new projects (RFQs) based on BOM, manufacturing process, and tooling.

· Analyse material cost, process cost, manpower, overheads, and logistics to develop detailed cost sheets.

· Benchmark cost with suppliers and market rates to ensure competitiveness.

· Develop cost models for different manufacturing processes such as machining, casting, forging, or plastic components.

· Monitor and control costs during development to ensure product profitability.

· Estimate and review tooling, fixture, and gauge costs required for new projects.

· Coordinate with the purchase/vendor development team for supplier selection and cost negotiation.

· Support supplier in process development and validation activities.

· Propose design and process improvements for cost competitiveness.

· Support localization and alternate material sourcing efforts.

· Maintain NPD documentation in line with IATF 16949, APQP, and PPAP requirements.

Qualifications

· Diploma or Bachelor's degree in Mechanical/Production Engineering, Manufacturing field. Master's degree is a plus.

· Proven experience in new product development and project management within a machine shop or manufacturing environment.

· Strong knowledge of machining processes, CNC & VMC machining, and production equipment.

· Familiarity with quality control methodologies and standards.

· Excellent project management and leadership skills.

· Proficiency in using project management software and tools.

· Effective communication and interpersonal skills.

· Problem-solving and decision-making abilities.

Job Type: Full-time

Pay: Up to ₹25,000.00 per month

Benefits:

• Cell phone reimbursement
• Food provided
• Leave encashment
• Provident Fund

Work Location: In person