Executive Purchase
1 day ago
We are hiring urgently for **Purchase Executive** full time position for **Walnut Medical, Mohali.**
**Qualifications & Experience**: Any Graduate/Diploma in Material Management / Supply Chain / Electronics / Commerce with 2-4 years of experience in Purchase & Procurement preferably in electronics/electrical manufacturing.
**Salary-** As per experience & performance in interview
**About Walnut Medical**:
Walnut Medical, a leader in medical device robotics and payment systems, is rapidly expanding into the automotive sector. With the development of an advanced automotive smart instrument cluster for OEMs, we are transitioning into a multi-vertical technology product company. As part of this growth, we are building a strong automotive electronics vertical and seeking talented engineers to join our dynamic team.
**Role Overview**:
**Key Responsibilities**:
- **Vendor Management**:
- Identify, evaluate, and manage existing and new vendors.
- Develop and maintain strong relationships with key suppliers.
- Monitor vendor performance on delivery, quality, and cost-effectiveness.
- **New Vendor Development**:
- Research and on board new vendors for electronic components.
- Ensure suppliers meet quality and compliance standards.
- Maintain updated vendor databases and documentation.
- **Procurement & Negotiation**:
- Handle procurement of electronic components, raw materials, and consumables.
- Negotiate prices, terms, and contracts to ensure cost savings and quality procurement.
- Issue purchase orders and follow up on delivery schedules.
- **Cost Optimization**:
- Identify cost-saving opportunities through efficient purchasing strategies.
- Perform regular cost analysis and market research.
- **MIS & Documentation**:
- Maintain purchase records, supplier information, and cost data.
- Prepare and present regular reports related to purchases, price trends, and supplier performance.
- Ensure timely reporting through MIS tools and Excel.
- **Coordination**:
- Work closely with production, planning, and inventory teams to forecast material requirements.
- Coordinate with the finance team for vendor payments and documentation.
**Required Skills & Competencies**:
- In-depth knowledge of **Electronic Component Procurement**.
- Strong **analytical and logical thinking** abilities.
- Excellent **negotiation, interpersonal**, and **communication (oral & written)** skills.
- Proficient in **MS Office**, particularly Excel and Word.
- Familiarity with ERP systems and inventory management tools.
- Ability to work independently and manage multiple vendors and priorities.
- Prior experience in **Electronics Manufacturing or EMS (Electronics Manufacturing Services)**.
- Must be comfortable working in **Mohali, Punjab**.
- Ability to handle high-pressure situations and strict timelines.
**How to Apply**:
Pay: ₹20,000.00 - ₹30,000.00 per month
**Benefits**:
- Leave encashment
- Life insurance
Ability to commute/relocate:
- Mohali, Punjab: Reliably commute or planning to relocate before starting work (required)
**Education**:
- Bachelor's (preferred)
**Experience**:
- total 7: 2 years (preferred)
Work Location: In person
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