Procurement Executive (Technical - Electronics)
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Job Description
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
- 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.
- and organizational goals.
- Serve as a liaison betwe
Key Requirements & Skills
Benefits & Perks
- 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.
- 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.
- Opportunity to work on advanced aerospace and defense projects that involve cutting-edge technologies, contributing to national de
Frequently Asked Questions
How to apply for Procurement Executive (Technical - Electronics) at Nitro Dynamics?
Click the "Apply via CareerScan" button on this page.
What is the salary for this role?
Salary details will be discussed during the interview.
What experience is required?
2 years of experience is required.
Is this position still open?
Yes, currently active and accepting applications.
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Procurement Executive (Technical - Electronics)
Nitro Dynamics · Kanpur