Sourcing Executive

Executive- Sourcing
Department: Sourcing
Location: Mumbai
Experience: 6- 10 Years

CTC: 8-10LPA
Company Description
Spectrum Electrical Industries Limited is a leading manufacturing company engaged in Electrical Panels, Distribution Boards, EMS Products, Fabrication, Powder Coating, Assembly, and various electrical components for multiple industries and customers. The company focuses on quality manufacturing, cost optimization, supplier development, and operational excellence across all plants.

Roles & Responsibilities

• Handle sourcing activities for production and project requirements.
• Obtain quotations from suppliers and prepare comparison statements.
• Coordinate with suppliers for timely material delivery.
• Identify and develop new suppliers as per business requirements.
• Support commercial negotiations with suppliers.
• Coordinate with Production, Planning, Quality, and Stores departments for material requirements.
• Follow up for pending materials and ensure material availability.
• Maintain sourcing records, quotation comparisons, and supplier documents.
• Support cost reduction and alternate sourcing activities.
• Monitor supplier delivery and performance status.
• Coordinate with Quality team for supplier quality-related issues.
• Ensure compliance with company sourcing procedures and policies.
• Monitor market trends and material pricing.
• Support inventory optimization activities.

Required Skills

• Knowledge of sourcing and vendor coordination processes
• Communication and negotiation skills
• Supplier follow-up and coordination skills
• Knowledge of supply chain activities
• Cost comparison and analytical skills
• MS Excel and reporting knowledge
• SAP knowledge preferred

Qualification
B. E. /B. Tech/Diploma (Mechanical/Electrical)

KPIs

• Timely sourcing of materials.
• Reduction in sourcing lead time.
• Cost saving through sourcing activities.
• Supplier development and alternate vendor creation.
• Improvement in supplier on-time delivery performance.
• Reduction in emergency sourcing cases.
• Material availability as per production requirement.
• Accuracy of sourcing documentation and records.
• Timely closure of sourcing activities.
• Vendor evaluation completion as per schedule.
• Coordination effectiveness with suppliers and internal departments.
• Compliance with sourcing policies and procedures.