Sourcing Engineer

Key responsibilities

• Supplier management: Identify, onboard, and evaluate new and existing suppliers based on company procedures and sourcing strategies.
• RFQ and negotiation: Issue requests for quotations (RFQs), analyze bids, and negotiate prices, delivery times, and contract terms with suppliers.
• Cost analysis: Perform cost comparisons, analyze total cost of ownership (including factors like exchange rates and transportation), and develop cost reduction strategies.
• Contract management: Prepare and execute contracts, including special conditions, and ensure purchase order acknowledgments comply with the terms.
• Cross-functional collaboration: Work with internal teams like engineering, operations, finance, and quality to develop sourcing strategies, define requirements, and resolve issues.
• Technical support: Read technical documents, drawings, and specifications to ensure supplier compliance and assist with parts qualification.
• Performance monitoring: Track and manage supplier performance related to delivery, quality, and cost.
• Risk mitigation: Drive dual sourcing to ensure supply continuity and develop strategies to mitigate long-lead time issues.

Required skills and qualifications

• Education: Bachelor's or Master's degree in Supply Chain, Engineering, or a related manufacturing field.
• Experience: 3+ years of experience in supply chain, sourcing, or a similar role.
• Technical skills: Ability to read mechanical drawings, understand Bill of Materials (BOM), and knowledge of relevant technical specifications is often required.
• Analytical skills: Strong analytical mindset for cost and data analysis and making data-driven decisions.
• Negotiation skills: Proven ability to negotiate prices, terms, and contracts effectively.
• Communication skills: Excellent communication and interpersonal skills to collaborate with internal teams and suppliers.

Job Type: Permanent

Pay: ₹18,500.00 - ₹25,000.00 per month

Benefits:

• Provident Fund

Work Location: In person