ND

Procurement Executive (Technical - Electronics)

Kanpur, Uttar Pradesh, India
2 years exp
Posted 6h ago
0 views
Actively Hiring Direct 1-Click Apply

Check Your Resume Match Score

Scan your resume against ATS criteria for this Procurement Executive (Technical - Electronics) role at Nitro Dynamics.

Apply for this position

Apply on Company Website

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

.
  • 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 str
  • 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.

    Similar Openings

    Explore related active roles in Finance & Accounting

    View all
    Actively Hiring
    Senior
    1.0 LPA
    New Delhi, Delhi, India
    Finance & AccountingFull Time
    Posted 6h ago
    Apply Now
    Actively Hiring
    Senior
    Salary not disclosed
    Vadodara, Gujarat, India
    Finance & AccountingFull Time
    Posted 6h ago
    Apply Now
    Actively Hiring
    6–8 years
    Salary not disclosed
    Hyderabad, Telangana, India
    Finance & AccountingFull Time
    Posted 6h ago
    Apply Now

    Procurement Executive (Technical - Electronics)

    Nitro Dynamics · Kanpur