Key Responsibilities
Procurement & Sourcing
- Source mechanical, electrical, electronic, and engineering materials from approved suppliers.
- Float RFQs/RFPs, obtain quotations, and prepare comparative statements.
- Evaluate suppliers based on quality, cost, delivery, technical capability, and reliability.
- Negotiate pricing, payment terms, delivery schedules, and commercial conditions.
- Issue Purchase Orders (POs) and ensure timely order execution.
Vendor Development & Management
- Identify and develop new vendors for engineering components and services.
- Conduct supplier evaluations and performance reviews.
- Build strategic relationships with key suppliers to ensure continuity of supply.
- Coordinate with vendors to resolve quality and delivery issues.
Technical Procurement
- Understand engineering drawings, technical specifications, and Bills of Materials (BOMs).
- Procure mechanical, electrical, electronic, and industrial components as per project requirements.
- Coordinate with Engineering, R&D, Production, and Maintenance teams to finalize specifications.
- Ensure procured materials comply with required technical standards and certifications.
Inventory & Supply Planning
- Monitor inventory levels to prevent stock shortages and excess inventory.
- Coordinate with stores and warehouse teams for material receipt and stock reconciliation.
- Support inventory optimization and material planning activities.
Cost Optimization
- Identify opportunities for cost reduction through alternate sourcing and value engineering.
- Conduct price benchmarking and market analysis.
- Support annual procurement budgeting and cost-saving initiatives.
Documentation & Compliance
- Maintain procurement records, purchase orders, vendor contracts, and supplier documentation.
- Ensure procurement activities comply with company policies and statutory requirements.
- Coordinate with Finance for invoice verification and payment processing.
- Maintain accurate procurement data in ERP systems.
Cross-Functional Coordination
- Liaise with Engineering, Production, R&D, Quality, Stores, and Finance departments.
- Expedite critical materials to meet production and project timelines.
- Participate in new product development and localization initiatives.
Pay: ₹25,000.00 - ₹30,000.00 per month
Work Location: In person
