Vendor Negotiation Job Vacancies in Vadodara

As a Purchase Engineer, you will play a crucial role in managing the procurement processes for our projects. You will work closely with suppliers and internal teams to ensure all materials meet quality standards and are delivered on time.**Key Responsibilities:**- **Supplier Selection:** Identify and evaluate potential suppliers based on quality, price, and reliability to ensure the best options for materials and services.- **Purchase Order Management:** Create and process purchase orders accurately and efficiently, ensuring that all necessary approvals are obtained, and timelines are met.- **Cost Analysis:** Analyze prices and negotiate contracts with suppliers to secure the best deals while maintaining quality, leading to cost savings for the company.- **Inventory Monitoring:** Track inventory levels of materials and assist in maintaining optimal stock to avoid shortages or overstock situations.- **Collaboration:** Work closely with various departments (engineering, production, and quality assurance) to understand their requirements and ensure timely supply of materials.- **Quality Assurance:** Inspect and ensure all materials received meet company standards and specifications, addressing any discrepancies with suppliers promptly.**Required Skills and Expectations:**We seek candidates with a Bachelors degree in Engineering (B.E) and 0 to 3 years of relevant experience. Strong analytical skills and attention to detail are essential for effective cost analysis and inventory management. Excellent communication and negotiation skills are required to liaise with suppliers and internal teams. Proficiency in Microsoft Office and procurement software will aid in managing purchase orders and supplier databases efficiently.

We are looking for a candidate who can handle responsibilities in both the Purchase Department and Human Resources, including salary processing and other HR-related tasks.

Procurement & Vendor Management:Identify, evaluate, and select reliable suppliers for raw materials, electronic components, and equipment.Establish and maintain strong relationships with vendors to ensure quality and cost-effective procurement.Negotiate contracts, pricing, payment terms, and delivery schedules with suppliers.Monitor supplier performance and address issues related to delays, quality concerns, or contract compliance.Purchase Planning & Cost Optimization:Plan purchases based on production schedules and inventory requirements.Identify cost-saving opportunities while ensuring high-quality standards.Optimize procurement processes to reduce lead time and improve efficiency.Work closely with the finance team to ensure cost control and budgeting adherence.Inventory & Logistics Coordination:Coordinate with warehouse and production teams to maintain optimum inventory levels.Track incoming shipments and ensure timely delivery of materials.Handle import/export documentation and compliance for international procurement.Compliance & Documentation:Ensure procurement activities comply with company policies and industry regulations.Maintain purchase records, invoices, and contracts for audit purposes.Stay updated with market trends, new product developments, and regulatory changes in the electronics industry.Cross-Functional Collaboration:Work closely with the engineering and quality control teams to procure components that meet technical specifications.Support R&D in sourcing new materials and components for prototype development.Collaborate with accounts for invoice verification and timely supplier payments.Qualifications & Experience:Bachelor's degree in Supply Chain Management, Electronics Engineering, Business Administration, or related field.2-5 years of experience in procurement, preferably in the electronics manufacturing industry.Familiarity with import/export regulations and supply chain logistics.