Purchase and Procurement Manager

3 days ago

Madhapur Hyderabad Telangana, India IOTIQ Innovations Pvt Ltd Full time ₹ 7,00,000 - ₹ 10,00,000 per year

Job Title: Procurement /Purchase Manager

Qualification: UG: Diploma in Any Specialization, B. Tech/B.E. in Any Specialization

Vacancies: 1 Position

Requirement by: Immediate

Experience: 10 Years

Position Summary:

Is responsible for all key purchases for the organization, nationwide.

Job Role & Responsibilities:

  • Costing, Negotiation and Sourcing for New electrical/electronic parts as per the costing targets and sourcing timelines.
  • Monitor development timelines and ensure development is in line with Trials planned in the organization.
  • Co-ordinate with different stakeholders within the company.
  • Working for cost reduction through various activities such as VA-VE; yield improvement, inner parts localization, price negotiations and other such cost reduction ideas, etc.
  • Procurement of parts for different trials, the initial mass production stage and procurement for theinitial phase of spares supplies.
  • Supply de-risking through alternate source introduction, localization, multiple plants & lines, etc.
  • MIS reporting activities, budget making and monitoring, vendor capacity assessment, etc.
  • To support in resolving quality issues, controlling defects during development and mass production.
  • Rationalization of vendor layout based on Business over Time.
  • Ensuring Business continuity plan with existing vendor base by achieving comprehensive excellenceat vendors.
  • Track global semiconductor demand vs supply and anticipate future crises and take countermeasuresfor the same.
  • Strong follow-up and tracking of all activities related to production supply.

Competencies (Technical/ Functional):

  • Good understanding and development know-how of various electrical-electronic components and Semiconductor usage in IT/ITE/Tech Products/IT Infra/Security & Surveillance/Telecom.
  • Knowledge of consumer durables & ITes process, functioning & logistics.
  • Data-driven approach- analyze and propose strategies.
  • Strategic thinker to analyze and propose short-term and long-term solutions.
  • Strong execution orientation and problem-solving approach.
  • Proficiency in using MS Office [MS Excel, Word, PPT, etc.
  • Thorough understanding of balance sheets and costing.

Salary:

Rs.7.00 Lakhs to Rs.10.00 Lakhs per year

Joining Time:

Immediate – 15 days

Job Type: Full-time

Pay: ₹700, ₹1,000,000.00 per year

Work Location: In person

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