Detailed : (HIGHLIGHT CRITICAL ACTIVITIES)
1. Vendor Identification & Development:
? Source and evaluate potential vendors based on quality, cost, capacity, and delivery timelines.
2. Sourcing & Procurement:
? Obtain quotations, compare proposals, and negotiate commercial terms and lead times.
? Finalize procurement contracts and maintain documentation in accordance with company policy.
? Ensure timely procurement of materials, components, and services as per project and production needs.
3. Cost Optimization:
? Drive cost reduction initiatives through alternate sourcing and value engineering.
? Analyze market trends, raw material pricing, and supply chain risks to ensure strategic procurement decisions.
4. Coordination & Documentation:
? Coordinate with cross-functional teams such as Design, Quality, Production, and Finance to align procurement with project goals.
? Maintain and update vendor master database, rate contracts, and purchase orders in ERP systems.
5. Compliance & Quality:
? Ensure all sourcing activities meet internal quality and regulatory standards.
? Collaborate with the Quality team to resolve vendor-related quality issues and implement corrective actions.
Knowledge:
1. B.E./B.Tech in Mechanical Engineering or related field
2. 2-4 years of relevant experience in vendor development, sourcing, or procurement in a manufacturing setup
Job Types: Full-time, Permanent
Pay: ?313,042.49 - ?800,000.00 per year
Benefits:
Health insurance
Paid time off
Provident Fund
Work Location: In person               
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