 
						Purchase Executive
7 hours ago
Designation: Sourcing Engineer
Department: Procurement/Purchase/Supply Chain Management
Location: Thane, Maharashtra
No. of Position: 01
Industry: Industrial Products / Heavy Machinery
Minimum Qualification: Engineering Background/ Graduate
Required Nature of Experience: 7+ years, with previous major experience in the manufacturing industry
**Job Description**:
- **Identify and Source New Products**: Proactively search for new products and innovative solutions in both international and local markets to meet evolving business needs.
Evaluate potential suppliers for their ability to provide high-quality and cost-effective products.
- **Develop Alternate Product Sources**: Identify and qualify alternate sources for existing products to ensure supply chain resilience and cost optimization.
Assess the feasibility of substituting products without compromising quality or performance.
- **Negotiate Supplier Agreements**: Engage in negotiations with suppliers to secure favorable terms, competitive pricing, and ensure the reliability of supply. Build and maintain strong relationships with key suppliers for long-term partnerships.
- **Coordinate with Cross-Functional Teams**: Collaborate closely with engineering, quality, and production teams to ensure that sourced materials and new products meet technical requirements and support business objectives.
- **Monitor Market Trends and Supplier Performance**: Stay informed about market trends, technological advancements, and potential new suppliers. Regularly assess supplier performance to ensure compliance with contractual agreements and continuous improvement in quality and service.
Pay: ₹300,000.00 - ₹450,000.00 per year
**Benefits**:
- Cell phone reimbursement
- Health insurance
- Leave encashment
- Paid sick time
- Provident Fund
Schedule:
- Day shift
- Fixed shift
Supplemental pay types:
- Performance bonus
- Yearly bonus
Application Question(s):
- How many years of experience in manufacturing Industry?
**Experience**:
- total work: 3 years (required)
Work Location: In person
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