Manager Procurement - Consumer Electronic

About the Role

Key Responsibilities

• Strategic Sourcing and Vendor Management:

  Develop and implement procurement strategies to ensure the timely and cost-effective acquisition of high-quality electronics components and finished goods. Identify, evaluate, and qualify new and alternative suppliers, both domestic and international, to build a robust and resilient supply chain.

• Price Negotiation:

  Lead negotiations with suppliers on pricing, terms, and conditions to secure the best value while maintaining quality standards.

• Cost Management and Optimization:

  Conduct market research and analysis to stay informed of industry trends, price fluctuations, and technological advancements. Identify cost-saving opportunities and implement cost reduction initiatives without compromising quality.

• Collaboration with Cross-Functional Teams:

  Work closely with the R&D, D&D, Production, and Quality Control teams to understand product specifications and new product requirements. Ensure procured components and products meet all technical, quality, and regulatory standards.

• Supply Chain Operations:

  Oversee the procurement process from purchase requisition to final delivery. Monitor inventory levels, track orders, and manage logistics to prevent stock shortages or overstock situations.

• Performance Monitoring:

  Conduct regular supplier performance reviews based on key metrics such as quality, delivery, and responsiveness. Document and report on procurement activities, spend analysis, and cost savings.

• Risk Management:

  Develop and deploy risk mitigation strategies to address potential supply chain disruptions, such as component shortages or tariff issues.

Required Qualifications

• Education:

  Bachelor's degree in Electronics Engineering is required.

• Experience:

  7-8 years of experience in procurement or supply chain management, with significant hands-on experience specifically in consumer electronics.

• Product Knowledge:

  In-depth knowledge of electronic components and sourcing channels relevant to products like mobile chargers, power banks, trimmers, and hair straighteners etc.

• Negotiation Skills:

  Excellent negotiation and communication skills, with a proven track record of securing favorable terms and pricing.

• Technical Skills:

  Strong technical aptitude with the ability to understand engineering drawings, bills of materials (BOMs), and product specifications.

• Analytical Skills:

  Strong analytical and problem-solving abilities to forecast demand, analyze market trends, and manage budgets.

• Software Proficiency:

  Proficiency in SAP is must. Experience in ARIBA is an added advantage.