Purchase Manager - Procurement - Electronics Industry

Skills & Experience:

- Proven experience as a Purchase Manager or in a similar role in Electronics Production or R&D sector only.

- Knowledge of Tally will be an added advantage

- Experience in Stores Management will be another advantage.

- Strong analytical and problem-solving abilities.

- Ability to work under pressure and manage multiple priorities.

Key Duties & Responsibilities:

Procurement Strategy:

- Develop and implement effective procurement strategies to ensure timely acquisition of high-quality materials and components.

- Identify and evaluate potential suppliers, negotiate contracts, and establish strong supplier relationships.

- Have in-depth experience in having procured niche hard to find Electronic components and associated material.

- Have significant knowledge in sources for supply within the country and abroad to provide seamless support to the urgent needs of the project teams and the production department.

Supplier Management:

- Maintain a Database of qualified suppliers and continuously monitor their performance.

- Conduct regular supplier audits to ensure compliance with quality standards and delivery schedules.

- Constantly be on the lookout for more and more suppliers who will meet with the growing and urgent demands of the organization

Inventory Management:

- Monitor inventory levels and coordinate with the Production and R&D teams to forecast demand.

- Ensure optimal inventory levels to avoid shortages or excess stock.

Cost Management:

- Negotiate pricing, terms, and conditions with suppliers to achieve cost savings while maintaining quality standards.

- Monitor market trends and adjust procurement strategies to capitalize on cost-saving opportunities.

Compliance and Documentation:

- Ensure all procurement activities comply with company policies, industry regulations and the aerospace standards for which this company is certified for.

- Maintain accurate records of purchases, contracts, and supplier performance.

Collaboration:

- Work closely with the R&D and production teams to understand project requirements and timelines.

- Collaborate with finance and logistics teams to ensure smooth procurement and delivery processes.

Continuous Improvement:

- Implement process improvements to enhance procurement efficiency and effectiveness.

- Stay updated with industry trends and best practices to drive innovation in procurement processes.

Other Skills:

- Strong knowledge of Electronic components, materials and sources for Purchase.

- Excellent negotiation, communication, and interpersonal skills.

- Certification in Supply Chain Management (e.g., CPSM, CPIM).

- Experience with International Procurement and Logistics.

- Knowledge of industry-specific regulations and standards.

- Knowledge and in-depth experience of Aerospace and Military standards