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Senior Executive Purchase (NPD)

5 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

New Product Development (NPD)


Key Responsibilities:


Procurement for NPD:

  • Source and procure raw materials and components for new product development and prototyping.
  • Support material re-engineering initiatives to improve product quality, cost-efficiency, and sustainability.

Project Management:

  • Develop and manage project timelines, milestones, and budgets using tools such as

    Gantt charts

    and

    project management software

    (e.g., MS Project, Asana, or Monday.com).
  • Ensure alignment and smooth coordination between internal stakeholders (design, engineering, quality, and marketing) and external partners (vendors, suppliers).

Vendor Development & Coordination:

  • Identify and develop new vendors to meet evolving material and quality requirements.
  • Coordinate sampling, prototyping, and trial runs with suppliers to validate design and material feasibility.
  • Ensure vendor compliance with quality, cost, and lead time requirements.

Process Optimization:

  • Identify bottlenecks or inefficiencies in the NPD process and recommend actionable improvements.
  • Create and maintain documentation including

    SOPs

    , process workflows, and best practices.


Reporting & Analysis:

  • Conduct

    cost-benefit

    and

    ROI analyses

    for proposed new product ideas.
  • Generate and present performance, cost, and progress reports to stakeholders.


Required Skills & Qualifications:

  • Bachelor’s degree in Engineering.
  • 3–5 years of experience in procurement, preferably within a manufacturing or NPD environment.
  • Strong knowledge of materials sourcing, vendor management, and cost negotiation.
  • Proficient in project management tools (e.g., MS Project, Smartsheet, Jira).
  • Excellent communication and coordination skills.
  • Analytical mindset with the ability to conduct ROI and cost analysis.


Salary Range: Rs. 4-5 LPA


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