Sourcing/Procurement Manager
3 weeks ago
Location: BangaloreExperience: 5–10 yearsBudget : 20 LPAIndustry Preference: Consumer Electronics / Wearables / IoT / Drone / Hardware StartupsAbout the RoleWe are looking for a driven and detail-oriented Sourcing / Procurement Manager to lead end-to-end sourcing of electronic and mechanical components for our product lines. The ideal candidate will have hands-on experience in vendor identification, cost negotiation, supplier relationship management, and ensuring timely procurement of components from reliable partners across India and overseas.Key ResponsibilitiesLead sourcing for electronic components (PCBs, sensors, batteries, ICs, etc.) and mechanical parts (enclosures, plastic molding, metal fabrication, etc.).Identify, evaluate, and onboard suppliers and manufacturers — both domestic and international.Negotiate pricing, lead times, payment terms, and contracts to ensure cost efficiency and quality.Collaborate with the Design, R&D, and Manufacturing teams to align sourcing strategies with product requirements.Develop and manage supplier scorecards; monitor performance on quality, delivery, and cost.Drive cost optimization initiatives through alternate sourcing, volume consolidation, and process improvements.Stay updated on industry trends, new materials, and emerging vendors in the consumer electronics space.Ensure supplier compliance with company quality standards and regulatory requirements.RequirementsBachelor’s degree in Engineering (Electronics/Mechanical preferred) or Supply Chain Management.5–10 years of experience in hardware sourcing, procurement, or supply chain.Prior experience sourcing for companies like Nothing, boAt, Noise, Fire-Boltt, or drone / IoT manufacturers is highly preferred.Strong technical understanding of BOMs, components, tooling, and manufacturing processes.Proven track record in vendor management, cost negotiation, and supply risk mitigation.Excellent communication, analytical, and stakeholder management skills.Good to HaveExposure to international sourcing (China, Taiwan, Vietnam, etc.).Experience with ERP systems (SAP / Oracle / Zoho).Familiarity with new product introduction (NPI) cycles and prototype sourcing.
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