Manager Assistant Manager Costing, NPD Vendor Development

Preet EPC P Limited; Hapur; On-site; INR 700,000 - 1,100,000; Full time

Job summary

Preet EPC P Limited invites applications for a cost estimation and NPD coordination role focused on mechanical components, machine tools and engineering products. You will manage RFQ activities, costing, BOM evaluation and cost optimization with cross-functional teams.

The candidate should have strong knowledge of costing, APQP/PPAP processes, and experience with SAP S/4HANA or ERP systems, enabling accurate pricing and vendor development across manufacturing functions.

Qualifications

• Strong knowledge of Mechanical Component Costing & Cost Analysis.
• Experience in NPD / Vendor Development / RFQ Management.
• Good understanding of manufacturing processes and engineering drawings.
• Knowledge of CNC, VMC, machining, fabrication, sheet metal, forging and casting.
• Knowledge of Jigs, Fixtures and Tool Development.
• Working knowledge of APQP & PPAP.
• Strong understanding of BOM and engineering change management.
• Excellent MS Excel / Advanced Excel skills.
• Working knowledge of SAP S/4HANA / ERP.
• Good communication, negotiation and vendor-management skills.

Responsibilities

• Handle RFQ activities, technical feasibility studies and quotation preparation.
• Prepare detailed product and component costing based on manufacturing processes, material, machining, tooling, fabrication and bought-out components.
• Conduct cost analysis, cost reduction and cost-saving initiatives.
• Prepare ZBC / ABC-based costing and compare projected vs. actual product costs.
• Develop and maintain cost roll-up and cost forecast for new products.
• Coordinate with Design, Production, Purchase, Quality and Engineering teams for accurate costing.
• Evaluate BOM, engineering changes and design modifications from a cost-impact perspective.
• Conduct technical discussions with customers regarding manufacturing feasibility, pricing and commercial requirements.
• Participate in pricing strategy, business negotiations and RFQ closure.
• Develop and qualify new vendors/suppliers for machining, forging, fabrication, sheet metal, casting and other mechanical components.
• Coordinate New Product Development (NPD) activities from feasibility through product launch.
• Manage tooling, jig, fixture and manufacturing process development.
• Coordinate APQP, PPAP, FMEA and other NPD documentation as applicable.
• Evaluate manufacturing processes including CNC / VMC machining, Forging, Sheet Metal & Fabrication, Casting, Welding, Laser cutting, Structural components, Plating, anodizing and shot blasting.
• Jigs, fixtures and tooling development.
• Work closely with Purchase for material sourcing, vendor development and commercial evaluation.
• Analyze material consumption, process cycle time, machining cost, tooling cost and overheads for accurate costing.
• Monitor cost variations and identify reasons for increase/decrease in actual costs.
• Drive corrective and cost-optimization actions with cross-functional teams.
• Maintain project documentation, costing records, RFQ data and NPD-related documents.
• Ensure timely completion of development activities as per project timelines.

Skills

Mechanical costing

Cost analysis

NPD / vendor development

RFQ management

BOM evaluation

Cost optimization

Communication & negotiation

MS Excel / Advanced Excel

APQP & PPAP

Jigs, Fixtures and Tool development

Tools

SAP S/4HANA / ERP

Job description

Job Purpose

To manage product costing, RFQ activities, new product development, vendor development, manufacturing feasibility, cost analysis and commercial coordination for mechanical components, machine tools and engineering products.

Key Responsibilities

• Handle RFQ activities, technical feasibility studies and quotation preparation.


• Prepare detailed product and component costing based on manufacturing processes, material, machining, tooling, fabrication and bought-out components.


• Conduct cost analysis, cost reduction and cost-saving initiatives.


• Prepare ZBC / ABC-based costing and compare projected vs. actual product costs.


• Develop and maintain cost roll-up and cost forecast for new products.


• Coordinate with Design, Production, Purchase, Quality and Engineering teams for accurate costing.


• Evaluate BOM, engineering changes and design modifications from a cost-impact perspective.


• Conduct technical discussions with customers regarding manufacturing feasibility, pricing and commercial requirements.


• Participate in pricing strategy, business negotiations and RFQ closure.


• Develop and qualify new vendors/suppliers for machining, forging, fabrication, sheet metal, casting and other mechanical components.


• Coordinate New Product Development (NPD) activities from feasibility through product launch.


• Manage tooling, jig, fixture and manufacturing process development.


• Coordinate APQP, PPAP, FMEA and other NPD documentation as applicable.


• Evaluate manufacturing processes including:
  
  
  • CNC / VMC machining
  
  
  • Forging
  
  
  • Sheet Metal & Fabrication
  
  
  • Casting
  
  
  • Welding
  
  
  • Laser cutting
  
  
  • Structural components
  
  
  • Plating, anodizing and shot blasting
  
  
  • Jigs, fixtures and tooling
  
  


• Work closely with Purchase for material sourcing, vendor development and commercial evaluation.


• Analyze material consumption, process cycle time, machining cost, tooling cost and overheads for accurate costing.


• Monitor cost variations and identify reasons for increase/decrease in actual costs.


• Drive corrective and cost-optimization actions with cross-functional teams.


• Maintain project documentation, costing records, RFQ data and NPD-related documents.


• Ensure timely completion of development activities as per project timelines.

Required Skills

• Strong knowledge of Mechanical Component Costing & Cost Analysis.


• Experience in NPD / Vendor Development / RFQ Management.


• Good understanding of manufacturing processes and engineering drawings.


• Knowledge of CNC, VMC, machining, fabrication, sheet metal, forging and casting.


• Knowledge of Jigs, Fixtures and Tool Development.


• Working knowledge of APQP & PPAP.


• Strong understanding of BOM and engineering change management.


• Excellent MS Excel / Advanced Excel skills.


• Working knowledge of SAP S/4HANA / ERP.


• Good communication, negotiation and vendor-management skills.


• Ability to coordinate with customers and multiple internal departments.

Preferred Candidate Profile

• Experience in Machine Tool / Heavy Engineering / Automotive / Engineering Manufacturing industries.


• Candidates with hands-on experience in costing + NPD + vendor development will be preferred.


• Should be capable of independently handling RFQs, costing, feasibility and development projects.


• Strong analytical and problem-solving abilities.


• Willingness to work closely with manufacturing and shop-floor teams.

Key Performance Areas (KPIs)

• RFQ response and quotation turnaround time.


• Costing accuracy.


• Cost reduction / cost-saving achieved.


• New vendor development and qualification.


• NPD project completion within timeline.


• Successful PPAP / product launch.


• RFQ conversion and commercial closure.


• Reduction in actual vs. estimated cost variance.


• Supplier quality and development performance.