Procurement Executive

1 week ago

Rajajinagar Bengaluru Karnataka, India iTriangle Infotech Pvt Ltd Full time

Responsibilities:

- Plan and manage Company's overall sourcing strategy.
- Responsible to study and understand Company's operations, needs and requirements.
- Build relationships with vendors and key suppliers.
- Hard negotiation skills to set best price for the components during the design phase and negotiate pricing with cost controls.
- Execute analyses and make suggestions for improvement of overall sourcing strategy.
- Write sourcing documentation and statements.
- Keep abreast with industry and market trends and best practices.
- Adhere to all relevant guidelines and regulations.
- Develop and implement co-ordination among teams to focus on effective daily communication.
- Work closely with the design team to understand schematic/layout/BOM design files with revision controls.
- Capable of identifying component details such as MPN, date code, component packages.
- Knowledge of electronic components
- passives (resistor, capacitor, inductors etc..), actives (IC, diodes, modules etc.,) functionality and packages.
- Capable of reviewing schematic, BOM, layout files in terms of correctness of the document.
- Knowledge on procurement activities electronic, mechanical, wiring harness components.
- Capable of identifying new vendors/component manufacturers to onboard as per organizational requirements.
- Capable of identifying equivalent components from different component manufacturers to provide flexibility in manufacturing.
- Should work continuously to ensure cost reduction of the product being manufactured.
- Capable of identifying the new components (equivalents) process for components samples and co-ordinate with design team for approval process.
- Regularly monitor BOM cost and ensure continuous improvement plans for achieving optimized production cost.

Pay: ₹400,000.00 - ₹500,000.00 per year

**Benefits**:

- Health insurance
- Provident Fund

Schedule:

- Day shift

Ability to commute/relocate:

- Rajajinagar, Bengaluru, Karnataka: Reliably commute or planning to relocate before starting work (required)

**Experience**:

- total work: 2 years (preferred)

Work Location: In person

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