Procurement Specialist
4 weeks ago
Role Overview:
We are seeking a highly motivated Procurement Specialist with expertise in sourcing and procuring electronic components, sensors, PCBs, and related hardware for wearable and IoT devices. The ideal candidate will be responsible for identifying reliable suppliers, negotiating pricing and contracts, ensuring quality standards, and optimizing the supply chain to meet production timelines and cost targets.
Key Responsibilities- Source, evaluate, and procure electronic components including sensors, PCBs, flex PCBs, ICs, batteries, and other hardware.
- Identify and develop relationships with global suppliers and manufacturers, especially in China, Taiwan, and India.
- Manage RFQs, vendor negotiations, purchase orders, and contract terms to achieve cost efficiency.
- Work closely with the engineering and R&D teams to understand technical requirements and translate them into sourcing specifications.
- Ensure compliance with quality standards, certifications (RoHS, REACH, IEC, BIS, etc.), and regulatory requirements.
- Monitor inventory levels, lead times, and supply risks, proactively mitigating shortages or delays.
- Evaluate and onboard alternate suppliers to reduce single-source dependency.
- Maintain accurate procurement records and develop cost analysis reports.
- Support new product introduction (NPI) by ensuring timely component availability.
- Bachelor's degree in Electronics, Supply Chain Management, or related field.
- 3+ years of experience in procurement/supply chain for electronics or hardware.
- Strong knowledge of electronic components, PCBs, and sensors.
- Experience in vendor management and global sourcing (China/East Asia experience preferred).
- Familiarity with import/export procedures, logistics, and customs clearance.
- Proficiency in Excel, ERP systems, and procurement tools.
- Excellent negotiation, communication, and problem-solving skills.
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