
Sourcing Expert for Wearable and IoT Devices
1 week ago
Our organization is seeking an accomplished Procurement Specialist to spearhead the sourcing and procurement of electronic components, sensors, printed circuit boards (PCBs), and related hardware for wearable and Internet of Things (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.
The successful candidate will possess expertise in electronic component sourcing, supplier management, and contract negotiation. They will work closely with engineering and R&D teams to understand technical requirements and translate them into sourcing specifications. Additionally, they will ensure compliance with quality standards, certifications, and regulatory requirements.
The Procurement Specialist will also be responsible for monitoring inventory levels, lead times, and supply risks, proactively mitigating shortages or delays. This will involve evaluating and onboarding alternate suppliers to reduce single-source dependency. Furthermore, the role will involve maintaining accurate procurement records and developing cost analysis reports.
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, 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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