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Description: Responsibilities & Key Deliverables Description of the job and key result areas:  To study the received drawing and to confirm the manufacturability  Draw up a plan to develop/procure components with vendors within time, cost and quality objectives  To prepare customer input requirements (CIR)  Vendor analysis and rationalization for capacity assessment, time frame agreement  To ensure the material and tooling cost are settled within the budgeted values  To support pricing cell in cost estimation activities component wise and details costing of the components/new part  Effective co-ordination with the Design team to ensure first time right and end delivery of product  Variance analysis at each stage of development in terms of Quality, Cost and Delivery and corrective action  Developing and implementing innovative approaches in cost reduction  To assess / negotiate investments involved for toolingÂs / vendor aid requirement for components development  To support the pricing cell in selection of vendor as per guiding policy for the part  To meet MRD (Material Receipt Date) targets  To meet the Gateways as per MPDS (Mahindra Product Development System) targets for projects.  To get actively involved in project feasibility studies  Responsible for quality, Cost and delivery (QCD) targets for all new products and improvements in existing products  Support STA counterpart in part development as per APQP process and Project timelines Knowledge/Skills Required: - PPAP, New Part Development System (MP, EP, VP, PP), APQP, SPC, and Problem-solving techniques - Zero base costing - Price negotiation - GD and T knowledge - Hands on experience on SAP MM module - MS Office Knowledge (Word, Excel, PowerPoint) - Commercial knowledge on various taxation and Inco terms Experience 3 years Industry Preferred Qualifications BE General Requirements