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PURCHASING

Are you missing out on the biggest savings of the year? Purchasing is an important corporate activity that involves obtaining items or services, checking out the best deals on high-quality goods, controlling inventories, and optimizing processes to extend profitability.

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[A626] Purchasing Engineer, Bengaluru

[A626] Purchasing Engineer, Bengaluru

locationBangalore Urban

About the Position Vendor Evaluation : Conduct assessments to identify and qualify vendors based on quality, cost, and reliability. Responsible for vendor rating quarterly. Cost Analysis: Perform detailed cost analyses to identify optimal procurement options aligned with budget constraints and quality standards.To ensure good quality material in time at competitive prices from reputed vendors. Negotiation: Lead negotiations with suppliers to secure advantageous contract terms and conditions. Generating enquiries, taking quotations & follow-ups, making comparisons & negotiation. Compliance Monitoring: Keep procurement activities compliant with internal policies and external regulations. Quality Assurance: Collaborate with the quality control team to ensure the purchased materials meet all necessary quality metrics. Order Management: Oversee the entire ordering process, from initial requisition to final delivery, ensuring timeliness and accuracy. Preparation of Purchase order. Samples to be arranged as required by the R&D; & production department. Supplier Relationship Management: Maintain and nurture relationships with suppliers for long-term partnership and potential cost savings. Discuss with vendors about material rejection & replacement. Technical Liaison: Serve as the point of contact between engineering departments and suppliers to clarify technical specifications or resolve issues. Contract Management: New supplier development. Administer supplier contracts and agreements, ensuring they meet both short-term needs and long-term strategic goals. Find alternate items and maintain good quality. Procurement for electronics components : Identifying electronics components vendors/suppliers locally and overseas. Audits : Take responsibility for internal and external audit ISO, ATEX, and audit documentation. Follow-up: Pending order follow-up where delivery dates need to be expedited and any rejection needs to be arranged for replacement and debit note issue. Preferred candidate profile:Electronics components knowledge, details identification, and procurement with best quality and competitive price are mandatory.Hands-on experience in procurement or a related area like supply chain management is often necessary. Familiarity with manufacturing materials and electronics components and knowledge of electronics industryregulations is crucial for success in this role. Experience:A minimum of 3-5 years in procurement of electronic components is a must.Prior experience with vendor managementDemonstrated ability in contract negotiationPrevious involvement in cost-reduction initiativesHard Skills:Proficiency in procurement software (e.g., ERP, SAP)Strong data analysis skills.Expertise in MS Office, especially Excel, for financial modeling.Understanding of technical blueprints and schematics.Knowledge of quality control standards.Soft Skills:Excellent communication skills.Strong negotiation capabilities.Great attention to detail.Ability to work under pressure and meet deadlines.Teamwork and collaboration skills. no -- Principals only. Recruiters, please don’t contact this job advertiser. no -- Please, no phone calls about this job! no -- Reposting this message elsewhere is NOT OK.

Purchasing