[A626] Purchasing Engineer, Bengaluru

About the Position Vendor Evaluation : Conduct assessments to identify and qualify vendors based on quality, cost, and reliability. Responsible for vendor rating quarterly. Cost Analysis: Perform detailed cost analyses to identify optimal procurement options aligned with budget constraints and quality standards.To ensure good quality material in time at competitive prices from reputed vendors. Negotiation: Lead negotiations with suppliers to secure advantageous contract terms and conditions. Generating enquiries, taking quotations & follow-ups, making comparisons & negotiation. Compliance Monitoring: Keep procurement activities compliant with internal policies and external regulations. Quality Assurance: Collaborate with the quality control team to ensure the purchased materials meet all necessary quality metrics. Order Management: Oversee the entire ordering process, from initial requisition to final delivery, ensuring timeliness and accuracy. Preparation of Purchase order. Samples to be arranged as required by the R&D; & production department. Supplier Relationship Management: Maintain and nurture relationships with suppliers for long-term partnership and potential cost savings. Discuss with vendors about material rejection & replacement. Technical Liaison: Serve as the point of contact between engineering departments and suppliers to clarify technical specifications or resolve issues. Contract Management: New supplier development. Administer supplier contracts and agreements, ensuring they meet both short-term needs and long-term strategic goals. Find alternate items and maintain good quality. Procurement for electronics components : Identifying electronics components vendors/suppliers locally and overseas. Audits : Take responsibility for internal and external audit ISO, ATEX, and audit documentation. Follow-up: Pending order follow-up where delivery dates need to be expedited and any rejection needs to be arranged for replacement and debit note issue. Preferred candidate profile:Electronics components knowledge, details identification, and procurement with best quality and competitive price are mandatory.Hands-on experience in procurement or a related area like supply chain management is often necessary. Familiarity with manufacturing materials and electronics components and knowledge of electronics industryregulations is crucial for success in this role. Experience:A minimum of 3-5 years in procurement of electronic components is a must.Prior experience with vendor managementDemonstrated ability in contract negotiationPrevious involvement in cost-reduction initiativesHard Skills:Proficiency in procurement software (e.g., ERP, SAP)Strong data analysis skills.Expertise in MS Office, especially Excel, for financial modeling.Understanding of technical blueprints and schematics.Knowledge of quality control standards.Soft Skills:Excellent communication skills.Strong negotiation capabilities.Great attention to detail.Ability to work under pressure and meet deadlines.Teamwork and collaboration skills. no -- Principals only. Recruiters, please don’t contact this job advertiser. no -- Please, no phone calls about this job! no -- Reposting this message elsewhere is NOT OK.