Purchase Engineer

5 - 7 years

6 - 9 Lacs

Posted:23 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role & responsibilities

At Macro Level: 

• Develop and implement strategic sourcing plans and roadmaps for mechanical components and

products globally. 

• Mitigate risks related to supply and cost. 

 

2. Functions: 

• Create strategic sourcing plans focusing on localization to enhance department efficiency. 

• Explore and evaluate new suppliers, both domestic and global. 

• Negotiate and finalize techno-commercial contracts with suppliers. 

• Manage Engineering Change Notices (ECNs), including cost, inventory, lead time, tracking, and

implementation. 

• Maintain and manage Bill of Materials (BOM) cost for all projects. 

• Track capital investments in tools, fixtures, and gauges, adjusting based on ECN changes. 

• Drive cost competitiveness across the procurement process. 

 

3. Primary Responsibilities: 

• Source and develop prototype samples for alpha builds, initial testing, and validation. 

• Finalize vendors based on Quality, Cost, Delivery, and Development (QCDD) criteria. 

• Settle prices with suppliers using Zero-Based Costing (ZBC) principles. 

• Provide inputs to the design team for design-to-cost initiatives and estimate product BOM costs

through ZBC. 

• Provide component-level Design for Manufacturing (DFM) feedback before design release. 

• Analyze BOM costs to neutralize cost impacts and generate cost reduction plans. 

• Manage risks for key and critical parts through identification, assessment, and mitigation

strategies. 

• Ensure the availability of at least two alternative vendors for key and critical parts.

Preferred candidate profile

Perks and benefits

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