Procurement Executive

The Purchase Executive is responsible for managing the procurement of electronics components and parts necessary for production. This role involves sourcing materials, negotiating prices, developing relationships with suppliers, and ensuring the timely availability of materials to meet production demands. The Purchase Executive also focuses on cost reduction, vendor development, and inventory management to optimize the supply chain's efficiency and effectiveness. Major responsibilities: Procurement of Electronics Components: • Source and procure electronics components and parts required for monthly production, ensuring alignment with Material Requirements Planning (MRP) schedules. • Coordinate with the production and planning teams to understand the demand forecast and adjust procurement strategies accordingly. Cost Reduction and Value Engineering: • Identify opportunities for cost reduction through value engineering, optimizing the cost of materials without compromising on quality. • ...