Procurement Executive

Job description:

The Procurement Specialist - Electronics is responsible for sourcing, purchasing, and managing the supply chain of electronic components, products, and systems. The role includes vendor selection, negotiation, order processing, inventory management, and ensuring cost-effective purchasing to meet the organization's needs for electronic goods and systems.

Key Responsibilities:
1. Sourcing & Vendor Management:

• Identify and evaluate suppliers of electronic products, components, and systems.
• Develop and maintain relationships with new and existing suppliers.
• Negotiate pricing, terms, and contracts with suppliers to ensure the best value.
• Ensure that suppliers meet quality, delivery, and compliance standards.

2. Procurement Process:

• Manage the end-to-end procurement process, from identifying needs to order placement and delivery.
• Coordinate with internal teams to understand requirements and timelines for electronic goods.
• Ensure timely delivery of products in alignment with project schedules.

3. Inventory & Supply Chain Management:

• Oversee the inventory of electronic goods, components, and materials.
• Maintain optimal stock levels to avoid production delays.
• Track shipments and ensure they arrive in good condition and on time.
• Analyze market conditions and make recommendations to optimize procurement strategy.
• Ensure procurement activities comply with company policies, legal requirements, and industry standards.

4. Cost Control & Budgeting:

• Monitor procurement budgets and work to reduce costs without compromising on quality.
• Track and report on cost savings, procurement KPIs, and supplier performance.

5. Documentation & Reporting:

• Prepare purchase orders, contracts, and other necessary procurement documentation.
• Maintain accurate records of procurement activities, including supplier performance and inventory.

6. Collaboration with Cross-Functional Teams:

• Work closely with Engineering, R&D, and Manufacturing teams to understand technical specifications and product requirements.
• Provide support in resolving issues related to product quality, delivery, or specifications.

Education & Experience:

• Bachelor’s degree in Business Administration, Supply Chain Management, Electrical Engineering, or a related field.
• At least 1-2 years of experience in procurement, specifically in electronics or technology-related products.
• Attention to detail and problem-solving ability.

Contact Person:
Lekha HR: 8925829934

Job Types: Full-time, Permanent

Pay: ₹12,000.00 - ₹15,000.00 per month

Benefits:

• Health insurance
• Paid sick time

Work Location: In person