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Procurement Executive (Technical - Electronics)

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Job Description - Procurement Executive (Technical - Electronics)

Job Title: Procurement
Executive (Technical - Electronics)

 

Department:
Procurement/Supply Chain

Location: IIT Kanpur

Reports To: Procurement
Manager/Head of Supply Chain

 

Job Overview

At Nitrodynamics Aerospace and
Defence
, the Procurement Executive (Technical - Electronics) will
play a key role in sourcing and managing the procurement of critical electronic
components used in our defense and aerospace projects. The individual will be
responsible for ensuring cost -effective, high -quality, and timely procurement
while managing supplier relationships and ensuring compliance with industry
regulations and technical standards. The ideal candidate will have a deep
understanding of electronic components and the technical expertise needed to
support cross -functional teams including engineering, R&D, and quality
control.


Sourcing and Procurement:
• Source and procure a wide range of electronic components such as semiconductors, PCBs, resistors, capacitors, and defense -grade hardware.
• Collaborate with cross -functional teams (engineering, R&D, and quality) to ensure components meet technical and regulatory requirements.
• Negotiate with suppliers to secure favorable pricing, lead times, and contract terms while ensuring continuous supply.

Supplier Management:
• Identify, qualify, and manage relationships with key suppliers to ensure the delivery of high -quality components on time and within budget.
• Conduct supplier audits to evaluate their performance, capacity, and adherence to quality standards.
• Monitor and manage supplier performance, addressing any issues related to quality, delivery, or pricing.
Cost Management:
• Manage the procurement budget and identify cost -saving opportunities without compromising quality or project deadlines.
• Evaluate total cost of ownership (TCO) and work on value engineering projects to find more cost -effective sourcing solutions.
• Provide detailed cost analysis and market reports to support procurement decision -making.

Compliance and Quality Assurance:
• Ensure all electronic components comply with defense and aerospace industry standards, including MIL -STD, ITAR, RoHS, and other relevant regulations.
• Collaborate with the quality control team to establish and maintain rigorous quality inspection protocols for incoming materials.
• Ensure that all suppliers adhere to required certifications and maintain up -to -date documentation.
Inventory and Lead Time Management:
• Develop and implement inventory control strategies to minimize stock -outs and overstock situations.
• Manage long lead times for critical components, working closely with suppliers and internal teams to ensure uninterrupted production schedules.
• Balance just -in -time (JIT) inventory strategies with the need for buffer stock in high -risk supply situations.

Risk Management and Supply Chain Continuity:
• Proactively identify potential supply chain risks and develop contingency plans to mitigate disruptions.
• Monitor market trends and supply chain conditions to adjust procurement strategies accordingly.
• Establish alternative sourcing options to minimize dependency on a single supplier or region.

Technology and Process Optimization:
• Utilize procurement and inventory management software (e.g., SAP, Oracle) to streamline operations and track supplier performance.
• Continuously seek opportunities to improve the efficiency of the procurement process through digital tools and innovative practices.
• Analyze procurement data to identify trends, performance issues, and cost -saving opportunities.

Reporting and Collaboration:
• Provide regular reports on procurement status, supplier performance, cost savings, and market conditions to senior management.
• Collaborate with engineering, manufacturing, and finance teams to align procurement strategies with project requirements and organizational goals.
• Serve as a liaison between the supplier network and internal teams to ensure smooth communication and issue resolution.


Requirements

Key Qualifications:

  • Education:
    Bachelor’s degree in Electronics, Electrical Engineering, Supply Chain Management, or a related field.


  • Experience:

    • Minimum [X] years of experience in electronics procurement or supply chain management, preferably in the aerospace or defense sector.
    • Experience managing global suppliers and negotiating contracts for technical components.
  • Technical Skills:

    • In -depth knowledge of electronic components such as semiconductors, capacitors, resistors, and PCBs.
    • Familiarity with defense industry regulations, including ITAR, MIL -STD, RoHS, and REACH.
    • Proficiency in procurement software and inventory management tools (e.g., SAP, Oracle).
  • Certifications (Preferred):

    • Certifications in procurement or supply chain management (e.g., Certified Purchasing Manager (CPM), Certified Supply Chain Professional (CSCP)) are a plus.

Personal Attributes:

  • Strong negotiation skills with the ability to secure favorable contracts while maintaining quality standards.
  • Excellent analytical skills to evaluate market trends, supplier performance, and cost structures.
  • Strong communication and interpersonal skills to effectively collaborate with suppliers and cross -functional teams.
  • Attention to detail and a proactive approach to managing supply chain risks and challenges.
  • Ability to manage multiple priorities in a fast -paced, high -stakes environment.

Working Conditions:

  • Some travel may be required for supplier visits or audits.
  • Hybrid work arrangements may be available depending on company policy.


Benefits

·        Competitive Salary:

A competitive salary package aligned with industry
standards and candidate experience.

·        Performance -Based Bonuses:

Opportunity to earn performance bonuses based on
individual and company performance.

·        Health Insurance:

Comprehensive health insurance coverage for the
employee and their immediate family, including medical, dental, and vision
care.

·        Retirement Benefits:

Access to retirement savings plans (e.g., Provident
Fund) with company contributions.

·        Paid Time Off (PTO):

Generous vacation time and paid leave, including public
holidays and sick leave.

·        Professional Development:

Support for further education, certifications, and
professional development opportunities in procurement, supply chain management,
or relevant fields.

Access to workshops, seminars, and conferences.

·        Travel Allowances:

Travel allowances or reimbursement for any necessary
business travel, including visits to suppliers or conferences.

·        Relocation Assistance:

Assistance for candidates needing to relocate to IIT
Kanpur, including relocation bonuses or housing support.

·        Employee Stock Options:

Opportunity to participate in the company’s employee
stock option plan (ESOP), allowing employees to share in the company’s success.

·        Diversity and Inclusive Work Environment:

Be part of a company that values innovation, diversity,
and inclusion, and fosters an environment where all employees can thrive.

·        Cutting -Edge Industry Experience:

Opportunity to work on advanced aerospace and defense
projects that involve cutting -edge technologies, contributing to national
defense and innovation.

·        Employee Wellness Programs:

Access to wellness programs, including mental health
support, gym memberships, or fitness activities.

·        Company -Sponsored Events:

Team -building activities, company retreats, and
employee appreciation events to foster a strong sense of community and
collaboration.

·        Career Growth Opportunities:

Clear career advancement paths within the procurement
and supply chain management sectors, with opportunities for promotions and
additional responsibilities.

 



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