Procurement Engineer

Play a crucial role in the procurement process of goods and services necessary for our operations.

The primary responsibilities will include:

Strategic Sourcing:

* Develop and implement strategic sourcing strategies to ensure cost-effective procurement of goods and services.

* Identify potential suppliers, conduct supplier evaluations, and negotiate contracts to secure favorable terms and pricing.

Supplier Management:

* Build and maintain strong relationships with suppliers to ensure timely delivery of quality products/services.

* Evaluate supplier performance, address any issues or concerns, and implement corrective actions as necessary.

* Continuously monitor market trends, supplier capabilities, and industry developments to identify opportunities for improvement and innovation.

* Inventory Management:

* Collaborate with inventory and warehouse teams to optimize inventory levels and minimize stockouts.

* Forecast demand, analyze usage patterns, and develop inventory strategies to meet operational needs while minimizing carrying costs.

Cost Control:

* Analyze procurement data to identify cost-saving opportunities and implement cost reduction initiatives without compromising quality or service levels.

* Monitor and control procurement budgets to ensure adherence to financial targets.

* Compliance and Risk Management:

* Ensure compliance with company policies, procedures, and regulatory requirements throughout the procurement process.

* Identify and mitigate procurement-related risks, such as supply chain disruptions, quality issues, and geopolitical factors.

QUALIFICATIONS, SKILLS, ABILITIES

Bachelor Engineering Degree (BE/B.Tech) in Electrical or Mechanical or equivalent degree.

PGDBM, Masters in Engineering or Business Administration is preferable.

An MBA or a master's in supply chain management can be advantageous.

* Industry Experience: At least 6-8 years of experience in procurement preferably in the Solar or manufacturing sector.

* Technical Knowledge: Understanding of Solar related components, construction processes, and industry standards.

* Vendor Management: Experience in negotiating contracts, managing vendor relationships, and ensuring supply chain reliability.

* Cost Management: Demonstrated ability to manage budgets, optimize costs, and implement cost-saving measures.

* Project Management: Experience in handling large-scale procurement projects and coordinating with multiple departments.

Key Skills and Competencies

* Analytical Skills: Ability to analyze market trends, supplier performance, and procurement data to make informed decisions.

* Negotiation Skills: Proficient in negotiating prices, contracts, and delivery terms with suppliers.

* Communication Skills: Strong verbal and written communication skills for effective collaboration with internal teams and external suppliers.

* Problem-Solving Skills: Ability to address and resolve procurement-related issues efficiently.

* Technical Proficiency: Familiarity with procurement

Job Type: Full-time

Pay: 500,000.00 - 800,000.00 per year

Benefits:

• Provident Fund

Education:

• Bachelor's (Preferred)

Experience:

• procurement preferably in the Solar or manufacturing sector: 6 years (Required)
• Solar related components, construction processes: 4 years (Required)
• Vendor management: 4 years (Required)
• Cost management: 4 years (Required)
• Project management: 4 years (Required)
• Engineering: 4 years (Required)
• Construction: 4 years (Required)
• Solar: 4 years (Required)

Work Location: In person