Qureos Mentor

Yash Highvoltage

Duties &amp; Responsibilities:1. Strategic Sourcing &amp; Procurement<ul><li>Source and procure key raw materials and components.</li><li>Float RFQs and conduct comparative evaluations to ensure best value procurement.</li><li>Align sourcing plans with production requirements and ensure zero disruption in material availability.</li></ul>2. Supplier Identification &amp; Development<ul><li>Identify, audit, and qualify new suppliers (domestic &amp; international) for existing and new product lines.</li><li>Maintain a robust and diversified supplier base to mitigate risks.</li><li>Collaborate with R&amp;D and QA for supplier validation, sampling, and approval.</li></ul>3. Negotiation &amp; Cost Management<ul><li>Lead commercial negotiations for favorable pricing, delivery, and payment terms.</li><li>Benchmark prices regularly and ensure competitiveness.</li><li>Identify cost-saving opportunities through vendor consolidation, localization, and process optimization.</li></ul>4. Vendor Performance &amp; Relationship Management<ul><li>Monitor and evaluate supplier performance on cost, quality, delivery (OTD), and responsiveness.</li><li>Conduct regular vendor review meetings and resolve supply or quality issues promptly.</li><li>Build long-term, strategic relationships with key vendors.</li></ul>5. Documentation &amp; ERP Compliance<ul><li>Maintain accurate and updated procurement records, POs, agreements, and certifications.</li><li>Ensure proper ERP entries and approvals (SAP/MM or equivalent systems).</li><li>Track purchase order status, GRNs, and pending deliveries through ERP dashboards.</li></ul>6. Coordination &amp; Cross-Functional Alignment<ul><li>Work closely with production planning, stores, design, and QA teams to align sourcing with operational needs.</li><li>Ensure timely escalation and communication of supply constraints.</li><li>Support NPD and prototyping teams with sourcing of custom components and samples.</li></ul>7. Compliance &amp; Risk Mitigation<ul><li>Ensure supplier compliance with ISO standards, RoHS, REACH, and statutory norms.</li><li>Monitor market trends, geopolitical risks, and price fluctuations affecting material sourcing.</li><li>Develop alternate sourcing strategies to handle unforeseen disruptions.</li></ul>Skills and Competencies:1. Vendor Development &amp; Negotiation<ul><li>Strong expertise in evaluating vendors, negotiating effectively, and building long-term partnerships.</li></ul>2. Technical Procurement Knowledge<ul><li>Ability to read engineering drawings and understand material specifications related to electrical and mechanical components.</li></ul>3. Market Awareness<ul><li>In-depth knowledge of market dynamics for industrial raw materials, including cost drivers, trends, and availability.</li></ul>4. ERP &amp; Documentation<ul><li>Proficiency in ERP platforms like SAP, Oracle, or similar for procurement tracking and reporting.</li></ul>5. Communication &amp; Collaboration<ul><li>Excellent communication and coordination skills to work with internal stakeholders and external suppliers.</li></ul>Qualifications and Experience:<ul><li>Educational Qualification:</li></ul>B.E. / B.Tech in Mechanical<ul><li>Experience:</li><li>12 -16 years of experience in sourcing/procurement, preferably in a transformer or heavy electrical component manufacturing industry</li><li>Proven experience in handling technical procurement, cost negotiations, and supplier development</li></ul>Job Types: Full-time, PermanentPay: ₹1,092,000.00 - ₹1,788,000.00 per monthWork Location: In person

Manager Sourcing

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Yash Highvoltage

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Manager Sourcing