Senior Engineer - Sourcing

As a Procurement Specialist, your role involves having knowledge of electronic components and being responsible for various tasks related to material procurement and vendor management. Your key responsibilities include: - Verifying Bill of Materials, collecting quotes from vendors, comparing quotes, and preparing quotes for customers according to defined Commercial/Technical guidelines - Developing vendors, buying materials and components in a timely and cost-effective manner while maintaining quality standards - Suggesting alternate parts to customers and providing technical support - Developing best practices for Material Planning/Vendor Management and identifying alternate sources for electronic component procurement - Procuring electronic components from countries like US, UK, China, etc. - Identifying and prioritizing imported materials and local substitutes to reduce lead time and transit time - Analyzing market trends, material risks, and managing consignment stocks for critical components - Addressing defective or unacceptable goods/services with vendors and taking corrective and preventive actions - Tracking purchase activity, analyzing metrics periodically for on-time delivery, cost, and quality - Maintaining Supplier Database, evaluating vendor performance, and resolving delivery problems and complaints - Keeping records of purchase price information for both open market and contract purchases - Building and maintaining relationships with existing and new vendors - Conducting supplier audits, assessments, and ongoing performance reviews - Reporting sourcing activities in daily meetings to Team Leader - Coordinating with customers regarding Bill of Materials and other queries No additional details of the company were provided in the job description.,