Component Sourcing Engineer/ Executive at Disruptive Audio Accessories Brand · Bangalore · 1 - 2 years · ₹2.5L - ₹3L / yr · Posted 21 Oct 2021

What you will do:
- Identifying and developing potential suppliers
- Monitoring project budget, process budget and forecasting cash flow requirements
- Preparing and processing purchase orders and documents in accordance with company policies and procedures and sending the same to suppliers and sub-contractors
- Following-up with the vendors to check the status of outstanding orders in conjunction with the expeditor and ensuring that outstanding commitments are accurately reflected in the supply chain system
- Renewing contracts and software licenses within the due date
- Verifying of payment claim form based on PO and invoice
- Liaisoning with the finance team and ensuring timely release of payments
- Obtaining payment details from finance and reconciling with vendors
- Developing long-term partnerships with suppliers, negotiating contracts and managing day-to-day supplier performance to ensure meeting of service, cost, delivery and quality norms
- Evaluating vendor performance based on PQD (Product/ Quality/ Delivery) for higher quality of services from vendors in liaison with user departments
- Retaining/ deleting of vendors based on vendor performance evaluation
- Reviewing of RFPs, POs released which are not executed completely
- Providing MIS report to Managers about transactions made against each category
What you need to have:
- Preferred Work experience in electronic accessories
- Experience in sourcing, vendor development, purchase
- Handled electronic components, PCB, mechanical parts
- Ability to get or suggest best low-cost components
- Knowledge about import, export, costing, projects

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Responsibilities:
- Handle procurement of engineering materials, components, and equipment.
- Identify and negotiate with vendors/suppliers.
- Generate and manage Purchase Orders (POs).
- Compare quotations and prepare comparative statements.
- Coordinate with suppliers for delivery, quality, and payment terms.
- Maintain purchase records and vendor documentation.
- Monitor inventory requirements and ensure timely material availability.
- Coordinate with Production, Stores, Quality, and Engineering teams.
- Develop new vendors and maintain existing vendor relationships.
- Follow company procurement policies and cost-control measures.
Required Skills:
- Procurement / Purchase
- Vendor Management
- Negotiation
- Purchase Order (PO)
- RFQ / Quotation Management
- Vendor Development
- Cost Analysis
- Inventory Management
- MS Excel
- ERP/SAP knowledge
- Engineering materials/components knowledge
Purchase Engineer / Purchase Executive
Company: Vardhaman Plastochem Pvt. Ltd.
Location: Govandi, Mumbai
Experience: 2–5 Years
Industry: Plastic / Manufacturing
Shift: 10–12 Hours
Education: Diploma / B.E. / B.Tech in Mechanical or Electrical Engineering
Summary:
We are looking for a Purchase Engineer / Purchase Executive with 2–5 years of experience in the plastic or manufacturing industry. The candidate will be responsible for sourcing materials, vendor development, purchase coordination, negotiation, and ensuring timely availability of materials as per production requirements.
Job Description:
- Manage procurement of raw materials, consumables, spare parts, and engineering items.
- Identify, evaluate, and develop reliable vendors and suppliers.
- Obtain quotations, compare prices, negotiate rates, and finalize purchase orders.
- Coordinate with production, stores, maintenance, and accounts teams for purchase requirements.
- Ensure timely delivery of materials as per production schedules.
- Monitor purchase orders, pending orders, delivery schedules, and supplier performance.
- Maintain purchase records, vendor data, quotations, and documentation.
- Follow up with suppliers regarding quality, quantity, and delivery issues.
- Support cost reduction and alternative vendor development.
- Ensure procurement as per company quality and commercial requirements.
Requirements:
- Diploma / B.E. / B.Tech in Mechanical or Electrical Engineering.
- 2–5 years of experience in Purchase/Procurement, preferably in the Plastic/Manufacturing industry.
- Good knowledge of vendor management, sourcing, negotiation, and purchase processes.
- Strong communication and coordination skills.
- Good knowledge of MS Excel and purchase documentation.
- Willingness to work 10–12 hour shifts.
Key Responsibilities
- Handle complete procurement for academic, admin, IT, transport, housekeeping & facility items.
- Evaluate PRs, prepare POs, and ensure timely deliveries.
- Identify, onboard & manage vendors; negotiate best pricing and contracts.
- Maintain procurement documentation, compliance, and vendor performance reports..
- Monitor stock levels, reduce costs, and ensure uniform quality across all campuses
- Coordinate with School Principals, HODs, Finance, IT, Transport & Maintenance teams.
- Lead day-to-day purchasing operations efficiently and effectively.
Skills & Requirements
- 2+ years of experience in procurement/purchasing, with 2+ years in a managerial role. Experience in Education/School/University sector preferred.
- Strong negotiation, vendor management, contract handling & cost-saving skills.
- Good knowledge of school/university procurement, government norms, and compliance.
- Proficiency in MS Excel, MS Office & ERP systems.
- Graduation, Operations, or related field preferred.







