Product Development Specialist IQS Engineering Solutions Pvt. Ltd.

About IQS Engineering Solutions Pvt. Ltd.

Job Description

As an Assistant Manager - Product Development, your primary responsibility will be to lead the end-to-end New Product Development (NPD) process, manage tooling operations, and drive strategic projects. You will play a crucial role in product costing, budget management, and innovation while ensuring compliance with industry standards and fostering team collaboration. Your key responsibilities will include: New Product Development (NPD): - Lead and oversee the NPD team in conceptualizing, designing, and developing exhaust system products. - Collaborate with cross-functional teams to ensure successful product launches following the Advanced Product Quality Planning (APQP) procedure. - Cultivate a culture of continuous improvement and efficiency within the design and development teams. - Ensure compliance with industry standards, regulations, and customer requirements. Tooling Development / Tool Room Management: - Manage tool room operations to maintain necessary tools and equipment for manufacturing processes. - Collaborate with engineering teams to optimize tooling designs for efficiency and cost-effectiveness. - Implement best practices for tooling and equipment management to enhance production output. Costing: - Prepare detailed quotes for customer submissions. - Estimate manufacturing costs for exhaust systems considering factors like material costs, labor hours, machine usage, and overhead expenses. - Conduct variance analysis to monitor and analyze cost discrepancies during production and identify cost-saving opportunities. - Develop cost reduction initiatives through process improvements, supplier negotiations, and value engineering. - Provide cost analysis insights to support pricing decisions and evaluate competitive pricing strategies. Budget Management: - Develop and manage budgets for NPD, strategic projects, tool room, and design & development departments. - Monitor expenses to ensure cost-effectiveness in project execution. Strategic Projects: - Drive strategic initiatives aligned with the company's business goals. - Engage with customers for new emission-related developments and prototype support. Team Leadership: - Provide leadership and guidance to the NPD, Design & Tool Room team. - Foster a culture of collaboration, accountability, and continuous improvement. - Conduct performance evaluations and mentor team members for professional development. Qualifications: - Diploma in Mechanical Engineering (DME) or Bachelor's in Mechanical/Production Engineering (BE). - Preferred candidates with experience in the forging industry.,