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NPD - Vendor development

7 - 12 years

10 - 19 Lacs

Hosur Tamil Nadu India

Posted:12 hours ago| Platform: Foundit logo

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Skills Required

supplier negotiation Cost Analysis Product Development Market Research Supplier Assessment

Work Mode

On-site

Job Type

Full Time

Job Description

Role & responsibilities Identify, evaluate, and develop new vendors to support NPD projects and reduce dependency on limited suppliers. Work closely with design and engineering teams to understand component requirements and translate them into supplier specifications. Coordinate with vendors for prototyping, samples, and first-article approvals during the development phase. Negotiate commercial terms, MOQs, lead times, and pricing for new components. Ensure suppliers meet quality standards, compliance requirements, and delivery schedules. Collaborate with quality teams for supplier audits, certifications, and first-party inspections. Maintain up-to-date documentation, including supplier agreements, test reports, and compliance records. Track project timelines and ensure supplier readiness in line with NPD launch schedules. Contribute to cost reduction, localization, and innovation initiatives through vendor capabilities. Resolve any vendor-related issues during development in coordination with relevant teams.

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