
Manager Procurement
1 day ago
About the Role
We are seeking a highly skilled and strategic Procurement Manager with 7-8 years of experience to lead our consumer electronics procurement initiatives. The successful candidate will be responsible for managing the entire procurement lifecycle, from sourcing and vendor evaluation to contract negotiation and supplier management. A strong background in electronics engineering is essential to effectively manage the procurement of technical products such as mobile chargers, power banks, trimmers, and hair straighteners etc.
Key Responsibilities
- Strategic Sourcing and Vendor Management: Develop and implement procurement strategies to ensure the timely and cost-effective acquisition of high-quality electronics components and finished goods. Identify, evaluate, and qualify new and alternative suppliers, both domestic and international, to build a robust and resilient supply chain.
- Price Negotiation: Lead negotiations with suppliers on pricing, terms, and conditions to secure the best value while maintaining quality standards.
- Cost Management and Optimization: Conduct market research and analysis to stay informed of industry trends, price fluctuations, and technological advancements. Identify cost-saving opportunities and implement cost reduction initiatives without compromising quality.
- Collaboration with Cross-Functional Teams: Work closely with the R&D, D&D, Production, and Quality Control teams to understand product specifications and new product requirements. Ensure procured components and products meet all technical, quality, and regulatory standards.
- Supply Chain Operations: Oversee the procurement process from purchase requisition to final delivery. Monitor inventory levels, track orders, and manage logistics to prevent stock shortages or overstock situations.
- Performance Monitoring: Conduct regular supplier performance reviews based on key metrics such as quality, delivery, and responsiveness. Document and report on procurement activities, spend analysis, and cost savings.
- Risk Management: Develop and deploy risk mitigation strategies to address potential supply chain disruptions, such as component shortages or tariff issues.
Required Qualifications
- Education: Bachelor's degree in Electronics Engineering is required.
- Experience: 7-8 years of experience in procurement or supply chain management, with significant hands-on experience specifically in consumer electronics.
- Product Knowledge: In-depth knowledge of electronic components and sourcing channels relevant to products like mobile chargers, power banks, trimmers, and hair straighteners etc.
- Negotiation Skills: Excellent negotiation and communication skills, with a proven track record of securing favorable terms and pricing.
- Technical Skills: Strong technical aptitude with the ability to understand engineering drawings, bills of materials (BOMs), and product specifications.
- Analytical Skills: Strong analytical and problem-solving abilities to forecast demand, analyze market trends, and manage budgets.
- Software Proficiency: Proficiency in SAP is must. Experience in ARIBA is an added advantage.
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