Product Manager - Hardware

Creative Newtech; Mumbai; On-site; INR 1,800,000 - 3,200,000; Full time

Job summary

Creative Newtech Limited in Navi Mumbai invites a seasoned Product Manager - Hardware to lead the full product lifecycle from market analysis to vendor coordination, production planning and inventory optimization. This role requires strong technical knowledge, commercial acumen and cross-functional collaboration.

Responsibilities include market studies, OEM shortlisting, cost optimization, regulatory approvals, planning production schedules, forecasting and PSI meetings to ensure on-time

Qualifications

• Experience in hardware product lifecycle management.
• Familiarity with OEM sourcing and vendor management.
• Understanding of compliance and regulatory processes.
• Strong analytical and forecasting skills.
• Excellent negotiation and stakeholder management abilities.

Responsibilities

• Market study and benchmarking of hardware products.
• Identify and shortlist suitable OEM products.
• Support product specification finalization and validation.
• Participate in buy/build/local/import decision-making.
• Liaise with government agencies for product compliance approvals.
• Monitor regulatory and certification requirements.
• Ensure adherence to statutory and quality standards.
• Monitor production schedules and approval processes.
• Coordinate order management and delivery follow-ups.
• Track inventory levels and ensure optimal stock availability.
• Conduct PSI meetings with sales teams.
• Manage forecasting and demand planning.
• Drive cost innovation and optimization initiatives.
• Identify and develop alternate vendors and sourcing strategies.
• Maintain strong vendor relationships and performance monitoring.
• Track commodity prices and market trends.
• Support price approvals and budgeting processes.
• Monitor AOP targets and alignment with supply, demand, and finance.

Skills

Hardware lifecycle

OEM sourcing

Compliance

Forecasting

Vendor management

Stakeholder management

Inventory planning

Cross-functional coordination

Negotiation

Production coordination

Education

BE / BTech

Diploma (+2 yrs exp)

Job description

Job Title: Product Manager - Hardware

Experience: 9-12 Years (Graduate Engineer)

Qualification: B.E. / B.Tech (Additional 2 years of experience required for Diploma Holders)

Location: Vashi, Navi Mumbai

Department: Product Management / Supply Chain / Operations

Role Overview

We are seeking an experienced Product Manager - Hardware to manage the complete product lifecycle, including market analysis, vendor management, production coordination, and inventory planning. The role requires strong technical knowledge, commercial acumen, and coordination with internal teams and external stakeholders to ensure timely product delivery and cost optimization.

Key Responsibilities

Product Strategy & Market Analysis

• Conduct market study and benchmarking of hardware products
• Identify and shortlist suitable OEM products
• Support product specification finalization and validation
• Participate in buy / build / local / import decision-making

Compliance & Regulatory Coordination

• Liaise with government agencies for product compliance approvals
• Monitor regulatory and certification requirements
• Ensure adherence to statutory and quality standards

Production & Supply Chain Management

• Monitor production schedules and approval processes
• Coordinate order management and delivery follow-ups
• Track inventory levels and ensure optimal stock availability
• Conduct PSI (Production, Sales & Inventory) meetings with sales teams
• Manage forecasting and demand planning

Cost & Vendor Management

• Drive cost innovation and optimization initiatives
• Identify and develop alternate vendors and sourcing strategies
• Maintain strong vendor relationships and performance monitoring
• Track commodity prices and market trends
• Support price approvals and budgeting processes

Planning & Performance Monitoring

• Monitor AOP (Annual Operating Plan) targets and performance
• Ensure alignment between supply, demand, and financial objectives
• Provide regular reports and insights to management

Required Skills & Competencies

• Strong knowledge of hardware product lifecycle management
• Experience in OEM sourcing and vendor management
• Understanding of compliance and regulatory processes
• Excellent analytical and forecasting skills
• Strong negotiation and stakeholder management abilities
• Proficiency in supply chain and inventory management
• Good communication and coordination skills

Preferred Industry Experience

• IT Hardware / Electronics / Networking / Consumer Electronics / Manufacturing

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.