About this role
- Product Development & Commercialization: Manage product development from concept and design brief through sampling, prototyping, validation, pilot production and commercialization, ensuring approved samples, completed milestones and timely product launches.
- Vendor Development & Supplier Management: Identify, evaluate, onboard and develop domestic and international suppliers based on their technical capabilities, capacity, quality, commercial competitiveness and ability to meet business requirements.
- Costing, Negotiation & Value Engineering: Prepare and finalize product and raw material costing, negotiate pricing and commercial terms, identify alternate sourcing opportunities and drive cost optimization through material changes and value engineering.
- BOM & Pricing Management: Prepare, finalize, and maintain accurate Bills of Material (BOMs), pricing records and cost documentation for finished goods, raw materials and components, ensuring data accuracy and availability for business decisions.
- Cross-Functional Coordination: Coordinate with Design, Marketing, Quality, Planning, Manufacturing, Procurement and Supply Chain teams to finalize requirements, secure approvals, resolve development issues and ensure timely product launches.
- Supplier Quality, Performance & Compliance: Monitor supplier adherence to quality standards and company requirements, support audits and compliance reviews, resolve development and consumer quality issues, and drive corrective actions and periodic supplier performance evaluations.
- Market Intelligence & Continuous Improvement: Monitor supplier and material trends, identify alternate sources, develop supplier capacity, improve sourcing processes and support strategic sourcing initiatives and special projects.
- Project, MIS & Documentation Management: Maintain product development trackers, sourcing databases, supplier agreements, NDAs, costing records, MIS reports and supporting documentation to ensure effective project monitoring, reporting and record control.
Bachelor's degree in mechanical engineering, Industrial Engineering, Production Engineering, Polymer Engineering, Textile Engineering, or equivalent.
MBA/PGDM in Operations, Supply Chain, or Materials Management will be an added advantage.
Experience Required
12–15 years of experience in Product Development, Vendor Development, Sourcing, or Manufacturing within the luggage, backpacks, bags, footwear, consumer goods, plastics, or related manufacturing industries.
Experience in managing end-to-end New Product Development (NPD), vendor management, costing, BOM preparation, and cross-functional project execution.
Exposure to ERP systems (preferably LN ERP) is desirable.