Asst. Manager NPD

HSBC; Bengaluru; On-site; INR 700,000 - 900,000; Full time

Job summary

HSBC in Bengaluru seeks a Procurement Specialist to drive New Product Development procurement. With 3–5 years of sourcing experience in manufacturing or consumer products, you will engage cross-functional teams and lead supplier onboarding to enable timely launches.

You will evaluate quotations, negotiate terms, and ensure supplier readiness while maintaining documentation and strong stakeholder relationships in a fast-paced environment.

Qualifications

• 3–5 years of procurement and sourcing experience, preferably in manufacturing or consumer products.
• Strong learning agility and ability to adapt to new categories and market dynamics.
• Excellent stakeholder management and communication skills.
• Strong analytical and problem-solving capabilities, with high ownership.
• Ability to thrive in ambiguity and changing priorities, and to work collaboratively.

Responsibilities

• Identify, evaluate, and onboard suppliers meeting cost, quality, and timeline requirements.
• Collaborate with R&D, Quality, Manufacturing, Branding and Supply Chain to support product milestones.
• Obtain quotations, conduct commercial evaluations, and negotiate terms.
• Drive supplier development and readiness for new product introductions.
• Track timelines and mitigate sourcing risks for launches.
• Support material qualification, sample procurement, and testing for NPD.
• Maintain procurement records, supplier data, and contracts.
• Build strong relationships with internal stakeholders and external suppliers.

Skills

Procurement

Sourcing

Stakeholder management

Analytical skills

Problem solving

Learning agility

Team player

Communication

Education

B.E./B.Tech degree

Job description

Role Summary

We are looking for a dynamic and highly motivated Procurement Specialist to support our New Product Development (NPD) initiatives. The ideal candidate will have 3–5 years of sourcing and procurement experience, preferably in a manufacturing or consumer products environment, and a strong passion for learning and problem-solving. This role requires a self-starter who can thrive in a fast-paced environment, work closely with cross-functional teams, and proactively drive supplier engagement to ensure successful and timely product launches.

Role Summary

We are looking for a dynamic and highly motivated Procurement Specialist to support our New Product Development (NPD) initiatives. The ideal candidate will have 3–5 years of sourcing and procurement experience, preferably in a manufacturing or consumer products environment, and a strong passion for learning and problem-solving. This role requires a self-starter who can thrive in a fast-paced environment, work closely with cross-functional teams, and proactively drive supplier engagement to ensure successful and timely product launches.

Roles And Responsibility

• Identify, evaluate, and onboard suppliers capable of meeting cost, quality, innovation, and timeline requirements.
• Collaborate closely with R&D, Quality, Manufacturing, Branding and Supply Chain teams to support product launch milestones.
• Obtain quotations, conduct commercial evaluations, and negotiate pricing, lead times, and commercial terms.
• Drive supplier development and ensure supplier readiness for new product introductions.
• Track project timelines and proactively mitigate sourcing risks that could impact launch schedules.
• Support material qualification, sample procurement, and testing activities for NPD projects.
• Maintain procurement documentation, supplier data, contracts, and sourcing records.
• Build strong relationships with internal stakeholders and external suppliers.

Requirement

• 3 -5 Yrs of Experience in procurement especially from NPD/ New Product Development
• From graduate of B.E/B.Tech as educational qualification.
• Strong learning agility – eager to learn new categories, technologies, and market dynamics.
• Excellent stakeholder management and communication skills.
• Strong analytical and problem-solving capabilities.
• High ownership and accountability.
• Comfortable working in ambiguity and changing project priorities.
• Team player with a collaborative approach.