Procurement Executive

2 weeks ago

Delhi Delhi, India Vecmocon Technologies Full time

**About Vecmocon**:
We are a Vehicle Intelligence & Analytics startup incubated at IIT Delhi working in the sustainable and clean mobility space. Vecmocon is making the EV ecosystem smart, connected and reliable by using its state-of-the-art solutions and data-centric approach, to drive the electric mobility and clean energy revolution in India. We make electric vehicles primarily 2W and 3W smart and connected using our IoT-enabled data analytics which helps EV players in making key business decisions.

**Roles & Responsibilities**:
**Supplier Identification and Qualification**:

- Conduct thorough assessments of supplier capabilities, including quality, reliability, and capacity to meet our requirements.
- Identify and evaluate potential suppliers of wire harness, casting of metals, and mechanical commodities.

**Negotiation and Contract Management**:

- Negotiate favorable terms and conditions with suppliers, including pricing, payment terms, delivery schedules, and quality standards.
- Draft and review contracts/purchase order, ensuring alignment with company policies and legal requirements
- Monitor contract performance and address any issues or discrepancies in a timely manner.

**Cost Analysis and Budget Management**:

- Conduct cost analysis to identify opportunities for cost savings and optimization.
- Implement cost-effective strategies to maximize value while maintaining quality standards.

**Supply Chain Optimization**:

- Develop and implement strategies to optimize the supply chain, minimize lead times, and mitigate risks
- Proactively identify and address potential supply chain disruptions, such as material shortages or transportation delays.

**Quality Assurance and Compliance**:

- Monitor supplier performance and conduct regular quality audits to ensure adherence to standards.
- Implement corrective actions as needed to address quality issues and drive continuous improvement

**Knowledge, Skills, & Technology Platform**:

- Proven experience in sourcing and procurement, preferably in the electronics sector.
- Have hands on experience of zero-based costing of mechanical as well as wire harness parts.
- Excellent analytical abilities with the capacity to conduct cost analysis and make data-driven decisions.
- Familiarity with quality assurance principles and supply chain management best practices.
- Detail-oriented and organized, with the ability to manage multiple priorities in a fast-paced
- Good knowledge of MS Excel, MS PPT and MS Word.
- Knowledge of manufacturing process of metal casting, wire harness, powder coating, and fabrications.

**Job Types**: Full-time, Permanent

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

Schedule:

- Day shift
- Fixed shift
- Monday to Friday
- Morning shift

Ability to commute/relocate:

- Delhi, Delhi: Reliably commute or planning to relocate before starting work (required)

Application Question(s):

- The job requires travelling within the city through own vehicle for procurement? Do you have any vehicle?
- This job requires travelling through your own vehicle. Do you have a bike?
- What is your current CTC? (Important for further discussion)

**Education**:

- Diploma (required)

**Experience**:

- sourcing of mechanical parts: 1 year (required)
- Database management: 1 year (required)

**Location**:

- Delhi, Delhi (required)

Willingness to travel:

- 75% (required)

Work Location: In person

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