Purchase Executive - Electronics

Job Specification :

• Responsible for strategic sourcing, procurement, supplier development, cost optimization, and supply chain management of electronic components while ensuring quality, cost competitiveness, and timely delivery.
• B.E./B.Tech. in ECE or equivalent with 6+ years of electronics procurement experience. Exposure to vendor development, cost reduction, BOM costing, NPD sourcing, and domestic/international sourcing.

KEY RESPONSIBILITIES

• Procure electronic components and assemblies.
• Develop and qualify new suppliers.
• Conduct market intelligence and pricing analysis.
• Prepare BOM and product cost estimates.
• Evaluate technical and commercial requirements.
• Conduct supplier audits and quality reviews.
• Negotiate pricing and delivery terms.
• Drive cost reduction and alternate sourcing.

KEY AUTHORITIESKEY RESULT AREAS

• Annual cost savings (%)
• On-time delivery (%)
• Material availability (%)
• Supplier quality rejection rate
• New suppliers developed
• Purchase price variance
• Inventory turnover ratio
• Supplier performance rating

COMPETENCIES

• Electronics component knowledge
• Vendor development
• Negotiation skills
• BOM costing
• Strategic sourcing
• ERP procurement systems
• Analytical thinking
• Communication & planning