Procurement Executive

**About Us**:
VFlowTech (VFT) is reinventing energy storage with Vanadium redox flow technology, with a vision to develop the cheapest and most scalable Vanadium redox flow batteries in the world. VFT solution is proven to be one of the safest, most durable and environmentally friendly battery technologies.

VFT is a spin-off of the CleanTech lab of Nanyang Technological University (NTU), Singapore, and benefits from unique IP arising from many years of intensive research at NTU. VFT founders and management team have deep experience in the renewable space, and Vanadium redox flow technology. We are currently recruiting talents to join our Faridabad Office site, Delhi (NCR) India.

VFT is passionate about powering tomorrow’s energy demands in a sustainable way. To achieve this, we believe in attracting great talent through the creation of a vibrant, progressive workplace that makes them our greatest assets. We’re always on the lookout for experienced and passionate individuals to be part of the team, working and collaborating effectively to make a positive difference.

**Role Requirement**:
**Responsibilities**:

- Sourcing and Vendor Management:

- Identify, research, and evaluate potential suppliers of mechanical and electrical components.
- Develop and maintain strong relationships with key suppliers.
- Conduct thorough vendor qualification and assessment processes.
- Manage supplier performance, ensuring adherence to quality, delivery, and cost parameters.
- Negotiation and Contracting:

- Negotiate competitive pricing, payment terms, and delivery schedules.
- Draft and manage procurement contracts, ensuring compliance with company policies and legal requirements.
- Resolve any disputes or issues that arise with suppliers.
- Procurement Planning and Execution:

- Develop and implement procurement strategies for mechanical and electrical components.
- Manage the procurement cycle from requisition to delivery, ensuring timely and efficient execution.
- Track and monitor purchase orders, ensuring timely delivery and accurate documentation.
- Cost Management and Optimization:

- Drive cost-effective procurement solutions while maintaining quality standards.
- Analyze market trends and identify opportunities for cost savings and value improvement.
- Implement strategies for inventory management and risk mitigation.
- Collaboration and Communication:

- Collaborate with engineering, project management, and other relevant teams to ensure smooth procurement processes.
- Provide clear and concise communication regarding procurement progress and any potential challenges.
- Documentation and Reporting:

- Maintain accurate and organized procurement records and documentation.
- Generate reports on procurement activity and performance metrics.

**Qualifications**:

- Bachelor's degree in Mechanical Engineering, Electrical Engineering, or a related field.
- 3-5 years of experience in procurement of mechanical and electrical components.
- Strong technical understanding of mechanical and electrical systems and components.
- Proven negotiation and contract management skills.
- Experience with ERP and procurement software systems.
- Excellent communication, interpersonal, and problem-solving skills.
- Ability to work independently and as part of a team.
- Strong attention to detail and organizational skills.

Pay: ₹50,000.00 - ₹60,000.00 per month

**Benefits**:

- Health insurance
- Internet reimbursement
- Paid sick time
- Provident Fund
- Work from home

Schedule:

- Day shift
- Monday to Friday

Supplemental pay types:

- Yearly bonus

**Education**:

- Diploma (preferred)

**Experience**:

- total work: 1 year (preferred)
- Mechanic: 1 year (preferred)

Work Location: In person