Procurement – Sourced Products

5 hours ago

Chennai GPO Chennai Tamil Nadu, India MNR solutions pvt Full time ₹ 12,00,000 - ₹ 36,00,000 per year

We're Hiring – Procurement (Sourced Products) | Electronic Manufacturing

Location: Chennai

Experience: 7+ Years

Industry Preference: Kitchen Appliances / Automobile / Electronic Appliances

Designation: Deputy Manager / Manager

Job Role: Procurement – Sourced Products (Manufacturing)

Looking for an experienced Procurement Professional to manage end-to-end sourcing for electronic manufacturing with strong expertise in vendor development, costing, NPD, and supply chain efficiency.

Key Responsibilities

Vendor Management & Development

  • Identify, evaluate, and onboard reliable suppliers.
  • Drive vendor capability improvement & capacity planning.
  • Conduct vendor performance evaluations (Cost, Quality, Delivery).

Procurement & Costing

  • Release purchase orders on time and follow up for timely deliveries.
  • Ensure right material, right quantity, right time, right price.
  • Implement cost control measures & cost-reduction initiatives.
  • Manage costing, cost finalization & amendments based on commodity price changes.

NPD – New Product Development

  • Collaborate with R&D & Production for new product sourcing.
  • Evaluate tooling requirements, prototype sourcing & pilot production support.

Commodity & Inventory Management

  • Monitor commodity price trends and take cost-mitigation actions.
  • Maintain optimal inventory levels to avoid shortages or excess stock.
  • Manage slow/non-moving item liquidation.

Compliance & Process Control

  • Ensure adherence to procurement SOPs, systems, and company policies.
  • Handle audits, documentation, and vendor compliance.

MIS & Improvement Projects

  • Drive continuous improvement in procurement processes.
  • Prepare procurement MIS reports (PPV, savings, supplier scorecard, etc.).
  • Support strategic sourcing initiatives and automation projects.

What We Are Looking For

Strong experience in sourced products procurement

Knowledge of electronic/consumer durable components

Excellent negotiation & vendor management skills

Strong analytical, costing & supply chain understanding

Ability to handle fast-paced, high-volume procurement operations

Qualification: Engineering Graduate

Communication: English must, Hindi preferred

Job Type: Full-time

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