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    Job · 20861701

    Groz Engineering Tools logo

    GROZ TOOLS - General Manager - New Product Development

    Groz Engineering Tools · Gurugram · onsite · Posted 45d ago

    Undisclosed20–25 yrsfulltimeSourced fromIIM Jobs

    About a minute. You'll make an account on the way through.

    About this role

    Description:

    Position: GM New Product Development (NPD)

    Location: Gurgaon

    Experience: 2025 Years

    Qualification: B.Tech

    CTC Range: 4050 LPA

    Role Overview:

    We are looking for a seasoned NPD leader to drive end-to-end New Product Development, from concept to commercialization. The role requires strong technical, commercial, and strategic expertise to lead innovation, optimize product costs, and ensure global compliance while collaborating with cross-functional teams.

    Key Responsibilities:

    1. Product Development & Strategy

    - Lead end-to-end New Product Development (NPD) lifecycle including concept, design, validation, and launch

    - Evaluate and approve NPD proposals with strong technical and commercial justification

    - Drive innovation, benchmarking, and product lifecycle management

    2. Cross-Functional Collaboration

    - Work closely with Sales, Marketing, Plant, and R&D teams for product development and application insights

    - Provide inputs on product performance, usability, and customer requirements

    - Ensure alignment between business objectives and product strategy

    3. Strategic Sourcing & Supplier Management

    - Lead strategic sourcing initiatives including global sourcing opportunities

    - Develop and manage supplier relationships for cost, quality, and delivery optimization

    - Drive supplier evaluation, negotiations, and long-term partnerships

    4. Commercial & Financial Acumen

    - Drive product costing, budgeting, and financial feasibility analysis

    - Ensure cost competitiveness while maintaining quality and performance standards

    - Support pricing strategies in coordination with business teams

    5. Project & Team Management

    - Lead multiple projects simultaneously with strong project planning and execution skills

    - Manage and mentor a team of 46 members

    - Influence cross-functional stakeholders in a complex, global environment

    6. Compliance & Process Excellence

    - Ensure adherence to global product compliance standards

    - Implement best practices in product development processes and manufacturing

    - Drive continuous improvement and operational efficiency

    Key Skills & Competencies:

    - Strong expertise in New Product Development, Product Costing & Lifecycle Management

    - Proven experience in Strategic Sourcing, Procurement & Supplier Management

    - Excellent project management and stakeholder management skills

    - Strong presentation, communication, and negotiation abilities

    - Deep understanding of manufacturing processes and technical product requirements

    - Experience working in global and complex business environments

    Preferred:

    - Exposure to global sourcing and international supplier ecosystem

    - Experience in handling cross-border projects and compliance standards

    Leadership Expectations:

    - Strategic thinker with strong execution capabilities

    - Ability to drive innovation and cost optimization

    - Strong people leadership and team development mindset


    Sourced from iimjobs

    Skills

    InnovationR&DNew Product Development

    About Groz Engineering Tools

    Groz Engineering Tools logo

    Groz Engineering Tools

    Industrial Machinery

    2.6k+

    employees

    1976

    50 years old

    Gurgaon / Gurugram, Haryana

    India

    ₹4.8L PA avg

    Avg at Groz Engineering Tools

    About

    Groz Engineering Tools excels in the design, production, and marketing of a diverse range of tools and equipment aimed at achieving superior quality and performance.

    Industries

    Industrial MachineryEngineering & Construction

    Employee ratings

    10 reviews

    4.1/ 5

    Culture

    4.2

    Career growth

    2.9

    Work-life

    4.1

    Employees rate it well for

    Company Culture41Work-Life Balance41

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