Sourcing Engineer New Part Development

VENTTUP (Venttup Ventures Pvt. Ltd.) is an innovative B2B Manufacturing-as-a-Service (MaaS) startup based in India, focused on revolutionizing the manufacturing sector through indigenisation and sustainability . We enable the local production of critical Electrical, Mechanical, and Electronic components for industries such as Energy, EV, Aerospace, and Defense .

Our mission is to bring millions of MSMEs onto a unified platform, fostering their growth with seamless access to a resilient, efficient, and sustainable supply chain . By empowering localized manufacturing, we help reduce import dependency, enhance cost competitiveness, and champion environmental responsibility .

Job Type: Full-time, On-site

Location: Bengaluru, India

Experience: 3–6 years

Education: B.E./B.Tech in Mechanical or Electrical Engineering

We are looking for a dynamic and result-oriented Sourcing Engineer – New Part Development to join our growing team. The role involves end-to-end sourcing of new components , supplier evaluation, development, and ensuring high-quality standards while supporting our indigenisation and sustainability goals. The candidate will work closely with cross-functional teams including engineering, project management, and quality to deliver reliable suppliers and cost-effective solutions.

• Supplier Sourcing & Development
• Identify, evaluate, and onboard suppliers for Machining, Casting, Sheet Metal, Forging, Extrusion, and Special Purpose Machining .
• Drive supplier qualification, capability assessment, and technical evaluations.
• Develop and strengthen a sustainable supplier ecosystem aligned with Venttup’s vision of indigenisation.
• Quality & Process Management
• Ensure supplier adherence to quality standards including PPAP (Production Part Approval Process) , FMEA (Failure Mode & Effects Analysis) , and other NPD processes.
• Collaborate with suppliers to improve manufacturing capabilities, process control, and cost efficiency.
• Monitor and audit supplier performance with respect to quality, delivery, and compliance.
• Procurement & Cost Optimization
• Negotiate with suppliers on cost, lead time, and commercial terms.
• Manage procurement transactions, supplier contracts, and ensure timely deliveries.
• Implement cost reduction strategies without compromising quality.
• Cross-functional Collaboration
• Work with design and engineering teams during the new part development cycle .
• Support project management in tracking part development timelines and milestones.
• Ensure supplier readiness for scale-up from prototypes to mass production.

• Education: Bachelor’s degree in Mechanical / Electrical Engineering (or equivalent).
• Experience: 3–6 years in B2B manufacturing sourcing and new part development.
• Industry Expertise: Hands-on experience in Machining, Casting, Sheet Metal, Forging, Extrusion, or Special Purpose Machining .
• Technical Knowledge: Familiarity with PPAP, FMEA, APQP, and NPD processes .
• Strong understanding of Supplier Quality Management, Procurement processes, and Supply Chain Management .
• Excellent negotiation, vendor management, and communication skills .
• Ability to manage multiple sourcing projects simultaneously.
• Preference for candidates from manufacturing/engineering industries .
• Immediate joiner preferred.

• Be part of a fast-growing Manufacturing-as-a-Service startup driving indigenisation and sustainability.
• Opportunity to work on cutting-edge projects in Energy, EV, Aerospace, and Defense sectors.
• Collaborate with industry leaders and MSMEs to build India’s next global manufacturing hub .
• Dynamic and entrepreneurial work culture with opportunities to grow.