Junior Procurement Executive

Job Description

Looking for a dynamic procurement executive for an electronic component distributor in Mumbai! Job Responsibilities Vendor Management & Sourcing: Obtain quotes from both authorised and independent vendors for semiconductors and electronic components. Evaluate vendor capabilities, reliability, and pricing structures. Identify and onboard new suppliers to diversify the vendor base. Pricing & Sales Support: Provide accurate and timely pricing to the sales team for RFQ submissions. Track price trends and ensure cost optimisation while maintaining quality standards. Regularly review and update vendor pricing databases. Negotiation & Relationship Building: Negotiate payment terms, lead times, and commercial terms with suppliers. Build long-term relationships with key vendors to ensure consistent supply and service levels. Resolve vendor-related issues and escalate critical challenges when necessary. Reporting & Coordination: Coordinate with internal teams to align procurement schedules with project timelines. Maintain procurement records, vendor information, and documentation for audits. Report directly to the Chief Operations Officer with weekly procurement summaries and insights. Job Qualifications Bachelor’s degree in Electronics, Supply Chain, or Business Administration. 1–3 years of experience in procurement or sourcing, preferably in the electronics or semiconductor industry. Strong negotiation and vendor management skills. Sound understanding of electronic components, part numbers, and datasheets. Proficiency in MS Excel and ERP systems (experience with Zoho Inventory is a plus). Excellent communication and coordination abilities. Highly organised, detail-oriented, and responsive under tight timelines. Ability to work independently and manage multiple procurements simultaneously. Show more Show less