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Electronics Procurement Engineer
3 months ago
Job Description: Electronics Components and Products Procurement Engineer
Position: ELECTRONICS Procurement Engineer
Location: Pune
Department: Procurement/Purchasing
Key Responsibilities:
Vendor Management:
- Visit local vendors to assess their capabilities, negotiate pricing, and ensure timely delivery
of electronic components and products.
- Build and maintain strong relationships with vendors and suppliers, ensuring their
compliance with company requirements and standards.
- Identify and onboard new suppliers, ensuring competitive pricing, quality products, and
timely delivery.
Procurement Activities:
- Source, negotiate, and procure electronic components, parts, and products from approved
vendors and suppliers.
- Also, look for new vendors for new product requirements
- Prepare and process purchase orders in accordance with company policies.
- Monitor inventory levels and ensure timely restocking of components and products.
- Coordinate with internal departments to understand their product needs and ensure timely
fulfilment of requirements.
Vendor Coordination:
- Liaise with vendors for shipment schedules, order confirmations, and delivery issues.
- Resolve vendor disputes and ensure a smooth procurement process by acting as the key
point of contact between the company and the vendors.
- Organize and participate in regular vendor audits and performance reviews.
Cost Management:
- Conduct cost analysis and propose cost-saving measures without compromising on quality.
- Work on strategies to improve the cost-efficiency of procurement operations.
Technical Support:
- Evaluate the technical specifications of electronic components and ensure they meet the
required standards and specifications.
-Evaluate Products and its features
- Collaborate with the engineering and production teams to identify suitable products for
use in projects and production.
Documentation and Compliance:
- Maintain accurate procurement records, including purchase orders, invoices, delivery
receipts, and vendor agreements.
Ensure compliance with industry regulations and internal policies related to purchasing and vendor management.
Market Research:
- Stay updated on the latest trends, innovations, and pricing in the electronic components
market.
- Conduct regular market research to identify potential new suppliers and evaluate their
offerings.
Qualifications and Skills:
- Bachelor’s Degree in Electronics Engineering, Supply Chain Management, or a related field.
- Proven experience (3 + years) in purchasing and procurement of electronic components and
products.
- Strong knowledge of electronics products and components.
- Experience in vendor management and coordination with local and international vendors.
- Excellent negotiation and communication skills.
- Strong problem-solving skills and attention to detail.
- Ability to travel regularly to visit vendors and suppliers.
- Proficient in procurement software and Microsoft Office Suite
Working Conditions:
-Ability to travel frequently for vendor visits and meetings.
- Office-based role with regular fieldwork for supplier assessments and negotiations.