Job Description

Duties & Responsibilities:

1. Strategic Sourcing & Procurement

Source and procure key raw materials and components. Float RFQs and conduct comparative evaluations to ensure best value procurement. Align sourcing plans with production requirements and ensure zero disruption in material availability.

2. Supplier Identification & Development

Identify, audit, and qualify new suppliers (domestic & international) for existing and new product lines. Maintain a robust and diversified supplier base to mitigate risks. Collaborate with R&D and QA for supplier validation, sampling, and approval.

3. Negotiation & Cost Management

Lead commercial negotiations for favorable pricing, delivery, and payment terms. Benchmark prices regularly and ensure competitiveness. Identify cost-saving opportunities through vendor consolidation, localization, and process optimization.

4. Vendor Performance & Relationship Management

Monitor and evaluate supplier performance on cost, quality, delivery (OTD), and responsiveness. Conduct regular vendor review meetings and resolve supply or quality issues promptly. Build long-term, strategic relationships with key vendors.

5. Documentation & ERP Compliance

Maintain accurate and updated procurement records, POs, agreements, and certifications. Ensure proper ERP entries and approvals (SAP/MM or equivalent systems). Track purchase order status, GRNs, and pending deliveries through ERP dashboards.

6. Coordination & Cross-Functional Alignment

Work closely with production planning, stores, design, and QA teams to align sourcing with operational needs. Ensure timely escalation and communication of supply constraints. Support NPD and prototyping teams with sourcing of custom components and samples.

7. Compliance & Risk Mitigation

Ensure supplier compliance with ISO standards, RoHS, REACH, and statutory norms. Monitor market trends, geopolitical risks, and price fluctuations affecting material sourcing. Develop alternate sourcing strategies to handle unforeseen disruptions.

Skills and Competencies:1. Vendor Development & Negotiation

Strong expertise in evaluating vendors, negotiating effectively, and building long-term partnerships.

2. Technical Procurement Knowledge

Ability to read engineering drawings and understand material specifications related to electrical and mechanical components.

3. Market Awareness

In-depth knowledge of market dynamics for industrial raw materials, including cost drivers, trends, and availability.

4. ERP & Documentation

Proficiency in ERP platforms like SAP, Oracle, or similar for procurement tracking and reporting.

5. Communication & Collaboration

Excellent communication and coordination skills to work with internal stakeholders and external suppliers.

Qualifications and Experience:

Educational Qualification:

B.E. / B.Tech in Mechanical

Experience:

12 -16 years of experience in sourcing/procurement, preferably in a transformer or heavy electrical component manufacturing industry Proven experience in handling technical procurement, cost negotiations, and supplier development
Job Types: Full-time, Permanent

Pay: ₹1,092,000.00 - ₹1,788,000.00 per month

Work Location: In person