Medha Servo Drives
Vendor Development
Skills
2 months ago
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Important information
Contract type:
Permanent
Location:
Hyderabad, Telangana, India
Work mode:
Onsite
Published on:
10 September 2026
What they need
Position: Vendor Development/Procurement
Experience: 5-15 Years
Educational Qualification: B.Tech (Mech)
Key Responsibilities:
- Supplier Development & Knowledge in Mfg, Should be expert in
developing components in Machine tools/Auto / Fabrication areas. - Should have good knowledge on Casting, Forging Components,
fabricated parts, machined components, sheet metal parts, fasteners,
bearings, valves, hydraulics, and pneumatic items. - Experience in manufacturing/automotive industry, quality evaluation of suppliers, quality development of supply chain management, working in SAP information system is an advantage.
- Develop new vendors and qualify alternate sources for critical
components. - Coordinate with design, production, quality, stores, and planning teams to meet manufacturing schedules.
- Monitor supplier performance on quality, delivery, and responsiveness.
- Ensure procurement complies with company policies and quality
standards. - Negotiate pricing, delivery schedules, payment terms, and contracts
with vendors. - Prepare comparative statements and recommend suppliers based on
cost, quality, and delivery. - Issue Purchase Orders (POs) and ensure timely material availability.
- Resolve supply issues and expedite delayed deliveries.
Preferred Knowledge:
- Manufacturing processes such as machining, fabrication, casting,
forging, sheet metal, heat treatment, and surface coating. - Technical drawing interpretation and Bill of Materials (BOM).
- Knowledge of Incoterms, GST, and commercial procurement practices.
- Exposure to ISO quality systems and supplier audits.
Required Skills:
- Mechanical component knowledge
- Vendor development, Procurement and Supplier management
- Cost analysis and price negotiation
- Purchase Order management
- RFQ/RFP preparation
- Inventory and supply chain coordination
- SAP procurement module experience
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