Assistant Procurement Manager

Om Electronic Corporation; Navi Mumbai; Hybrid; INR 800,000 - 1,200,000; Full time

Job summary

Om Electronic Corporation in Mumbai, India is seeking an Assistant Procurement Manager to strengthen the procurement team. The candidate will source semiconductor and electronic components, develop supplier relationships, and support sales with competitive quotations.

You will drive vendor development, procurement strategy, cost optimization, and timely quotations for customers, while monitoring market trends and ensuring profitability targets.

Qualifications

• Bachelor's degree required in Electronics/Electrical or related field.
• Minimum 3 years of procurement experience in semiconductor or electronic components.
• Experience with supplier management and international sourcing.

Responsibilities

• Identify, evaluate, and onboard new domestic and international suppliers.
• Build strong relationships with manufacturers, distributors, and suppliers.
• Analyze quotations for pricing, lead time, MOQ, authenticity, and terms.
• Negotiate pricing, payment terms, and delivery schedules.
• Support sales with competitive pricing and timely quotations.
• Monitor market trends and identify cost-saving opportunities.
• Maintain vendor databases and procurement documentation.
• Drive continuous improvements in sourcing efficiency and supplier performance.

Skills

Sourcing semiconductors

Vendor development

Negotiation

Quotation analysis

Cost optimization

Procurement strategy

Excel proficiency

Communication

Education

Bachelor's degree in Electronics/Electrical or related

Tools

MS Excel

Job description

Job Title: Assistant Procurement Manager

Location: Mumbai, India
Department: Procurement
Experience Required: 3+ Years in the Semiconductor / Electronic Components Industry

About the Role

We are looking for a proactive and analytical Assistant Procurement Manager to strengthen our procurement team. The ideal candidate should have hands‑on experience in sourcing semiconductor and electronic components, developing supplier relationships, evaluating vendor quotations, and supporting the sales team with competitive pricing. The candidate will play a key role in vendor development, procurement strategy, cost optimization, and ensuring timely and competitive quotations for customers.

Key Responsibilities

Vendor Development & Management

• Identify, evaluate, and onboard new domestic and international suppliers.
• Build and maintain strong relationships with manufacturers, authorized distributors, and independent suppliers.
• Continuously expand the vendor network to improve sourcing capability and pricing competitiveness.
• Assess vendor performance based on pricing, quality, delivery, and service.

Procurement & Quote Analysis

• Analyse quotations received from suppliers considering pricing, lead time, MOQ, authenticity, packaging, and commercial terms.
• Negotiate pricing, payment terms, and delivery schedules with suppliers.
• Identify alternate sourcing options for hard‑to‑find and obsolete components.

Vendor Comparison & Commercial Review

• Review procurement team's vendor comparison reports for accuracy and commercial viability.
• Recommend the most suitable sourcing option based on cost, reliability, lead time, and risk.
• Ensure procurement decisions align with company profitability targets.

Sales Support

• Finalize and release the best commercial quotation to the Sales team.
• Work closely with Sales to develop competitive pricing strategies.
• Provide procurement insights on market trends, shortages, and pricing fluctuations.
• Support urgent customer requirements with quick sourcing solutions.

Market Intelligence

• Monitor semiconductor market trends, allocation situations, and pricing movements.
• Track manufacturer updates, EOL (End of Life), and PCN (Product Change Notification) announcements.
• Identify opportunities for cost savings and alternative sourcing.

Process Improvement

• Maintain procurement documentation and vendor databases.
• Ensure timely closure of RFQs and purchase activities.
• Drive continuous improvements in procurement efficiency and sourcing strategies.

Required Qualifications

• Bachelor's degree in Electronics Engineering, Electrical Engineering, Supply Chain Management, Business Administration, or a related field.
• Minimum 3 years of experience in semiconductor or electronic components procurement.
• Experience working with manufacturers, franchised distributors, and independent distributors.
• Strong understanding of semiconductor product categories including ICs, Microcontrollers, Power Devices, Passive Components, Sensors, Connectors, and Memory products.
• Good understanding of Incoterms, import procurement, and international sourcing.

Required Skills

• Strong negotiation and commercial acumen
• Excellent analytical and decision‑making skills
• Vendor development and supplier relationship management
• RFQ and quotation analysis
• Cost optimization and strategic sourcing
• Strong knowledge of Microsoft Excel
• Excellent communication and coordination skills
• Ability to work in a fast‑paced, deadline‑driven environment