Procurement Engineer

Signify; Dadri; On-site; INR 1,200,000 - 1,800,000; Full time

Benefits offered by this job

Supportive environment for continuous learning

Coaching and mentoring opportunities

Job summary

Signify is looking for a Procurement Manager in Dadri, India. The role focuses on managing supplier relationships, ensuring timely procurement of quality materials, and aligning procurement strategies with engineering project needs.

The ideal candidate has a Bachelor's degree in a relevant field and 10–15 years of experience in procurement, particularly in supplier management and cost-reduction strategies. Opportunities for growth and learning are emphasized.

Qualifications

• Minimum of 10–15 years of experience in procurement or supply chain management.
• Strong focus on supplier management and cost reduction.
• Certification in Procurement is preferred.

Responsibilities

• Implements procurement strategies for cost-effective purchasing.
• Monitors supplier performance to address supply chain issues.
• Ensures compliance with company and regulatory procurement activities.

Skills

Supplier management

Cost reduction strategies

Market analysis

Collaboration with engineering

Education

Bachelor's degree in Mechanical/Production Engineering

Certification in Procurement or Supply Chain Management

Job description

Job Summary

Manages supplier relationships and ensures the timely procurement of quality materials. Collaborates with engineering teams to align procurement strategies with project requirements. Analyzes market trends to make informed purchasing decisions.

Key Responsibilities

• Implements procurement strategies to ensure cost‑effective purchasing of materials.
• Monitors supplier performance and addresses any issues or delays in the supply chain.
• Ensures compliance with company policies and regulatory requirements in all procurement activities.
• Maintains and updates supplier‑related data.
• Participates in concept savings ideation and ensures implementation.
• Drives supplier & part selection in I2M.
• Supports phase‑in/phase‑out planning.
• Manages Customization & Engineering to Order Projects.
• Controls and mitigates procurement‑related risks for local suppliers and projects.
• Supports and executes commodity strategies, DFX and Kaizen cost‑reduction plans.
• Provides support to negotiation teams with conceptual and fact‑based information to drive significant structural cost‑reduction improvement.
• Provides second‑line escalation support for supply.
• Drives PE excellence (DFX, VA, SQ).
• Meets TCO and procurement savings cost targets during the life‑cycle phase.
• Develops cost models and TCO cost roadmaps linked to margin management.
• Reports procurement KPI’s at the factory level.
• Supports the Supplier Quality team in the supplier component release process as part of the Advanced Quality Plan (AQP), including compliance and sustainability aspects.

Required Experience and Qualifications

• Bachelor's degree in Mechanical / Production Engineering, Business Administration in Operations or a related field.
• Minimum of 10–15 years of experience in procurement or supply chain management, with a focus on supplier management and cost reduction strategies.
• Certification in Procurement or Supply Chain Management, such as CPSM (Certified Professional in Supply Management) or equivalent, is preferred.

Benefits and Growth Opportunities

Signify offers a supportive environment focused on continuous learning, creativity, and inclusion. Employees receive coaching, mentoring, and opportunities to learn and progress in a way that fits their career goals. The global workforce of over 27,000 employees across more than 70 countries fosters collaboration and innovation.