Procurement Executive (Technical - Electronics)

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.

• Serve as a liaison between the supplier network and internal teams to ensure smooth communication and issue resolution.

Requirements

Key Qualifications:

• Education:

  Bachelor's degree in Electronics, Electrical Engineering, Supply Chain Management, or a related field.

• Experience:

  • Minimum [X] years of experience in electronics procurement or supply chain management, preferably in the aerospace or defense sector.
  • Experience managing global suppliers and negotiating contracts for technical components.

• Technical Skills:

  • In-depth knowledge of electronic components such as semiconductors, capacitors, resistors, and PCBs.
  • Familiarity with defense industry regulations, including ITAR, MIL-STD, RoHS, and REACH.
  • Proficiency in procurement software and inventory management tools (e.g., SAP, Oracle).

• Certifications (Preferred):

  • Certifications in procurement or supply chain management (e.g., Certified Purchasing Manager (CPM), Certified Supply Chain Professional (CSCP)) are a plus.

Personal Attributes:

• Strong negotiation skills with the ability to secure favorable contracts while maintaining quality standards.
• Excellent analytical skills to evaluate market trends, supplier performance, and cost structures.
• Strong communication and interpersonal skills to effectively collaborate with suppliers and cross-functional teams.
• Attention to detail and a proactive approach to managing supply chain risks and challenges.
• Ability to manage multiple priorities in a fast-paced, high-stakes environment.

Working Conditions:

• Some travel may be required for supplier visits or audits.
• Hybrid work arrangements may be available depending on company policy.

Benefits

·        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.

·        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.

·        Employee Wellness Programs:

Access to wellness programs, including mental health support, gym memberships, or fitness activities.

·        Company-Sponsored Events:

Team-building activities, company retreats, and employee appreciation events to foster a strong sense of community and collaboration.

·        Career Growth Opportunities:

Clear career advancement paths within the procurement and supply chain management sectors, with opportunities for promotions and additional responsibilities.