Sourcing Engineer

Virbhu India Pvt Ltd – Vadodara (Gujarat), has as an immediate opening for a Sourcing EngineerA Sourcing Engineer is a critical role within organization, responsible for local and Import managing the procurement of electrical, electronic components, and industrial consumables required for the smooth operation of the company. This role is pivotal in ensuring that the organization acquires quality products at the best possible prices, establishing and maintaining supplier relationships, and optimizing the procurement process to drive efficiency and cost-effectiveness.ResponsibilitiesDevelop and implement procurement strategies that align with the organization's goals and objectives.Analyze market trends, supplier capabilities, and product innovations to make informed purchasing decisions.Identify, evaluate, and negotiate with suppliers to secure favorable terms, pricing, and contractual agreements.Build and maintain strong relationships with suppliers, fostering collaboration and ensuring reliable sources of supply.Monitor and control procurement costs to optimize the company's budget and profitability.Implement cost-saving initiatives, such as bulk purchasing, vendor consolidation, or alternative sourcing.Ensure materials meet technical specifications, quality standards, and compliance requirementsCoordinate with engineering, maintenance, production, and stores teams to understand material requirementsManage and optimize inventory levels to prevent overstock or shortages.Need to follow up with supplier to get material as per project timelineEncourage a culture of continuous improvement and professionalism within the procurement department.Stay up to date with legal and ethical regulations related to procurement, including environmental and social responsibility considerations.Ensure all procurement activities adhere to relevant laws and guidelines.Raise Purchase Orders (POs) and ensure timely follow-up for on-time deliveryStrong communication and coordination skillsQualificationsBachelor's degree in Electronics5-10 experience in supply chain, procurement, preferred from electronic backgroundStrong negotiation and communication skills.Expert in ERP Tally with procurement software tools.Knowledge of industry- specific regulations and compliance requirements.This role demands a combination of strategic thinking, strong interpersonal skills, and a deep understanding of supply chain dynamics to effectively manage the procurement function.