Vendor Development Engineer
2 days ago
Detailed Job Description: (HIGHLIGHT CRITICAL ACTIVITIES)
- Vendor Identification & Development:
● Source and evaluate potential vendors based on quality, cost, capacity, and delivery timelines.
- Sourcing & Procurement:
● Obtain quotations, compare proposals, and negotiate commercial terms and lead times.
● Finalize procurement contracts and maintain documentation in accordance with company policy.
● Ensure timely procurement of materials, components, and services as per project and production needs.
- Cost Optimization:
● Drive cost reduction initiatives through alternate sourcing and value engineering.
● Analyze market trends, raw material pricing, and supply chain risks to ensure strategic procurement decisions.
- Coordination & Documentation:
● Coordinate with cross-functional teams such as Design, Quality, Production, and Finance to align procurement with project goals.
● Maintain and update vendor master database, rate contracts, and purchase orders in ERP systems.
- Compliance & Quality:
● Ensure all sourcing activities meet internal quality and regulatory standards.
● Collaborate with the Quality team to resolve vendor-related quality issues and implement corrective actions.
Knowledge:
B.E./B.Tech in Mechanical Engineering or related field
2–4 years of relevant experience in vendor development, sourcing, or procurement in a manufacturing setup
Job Types: Full-time, Permanent
Pay: ₹313, ₹800,000.00 per year
Benefits:
- Health insurance
- Paid time off
- Provident Fund
Work Location: In person
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