Senior Procurement Engineer

Canara Hydraulics; Bengaluru; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Canara Hydraulics Pvt. Ltd. in Bengaluru seeks an experienced Procurement & Sourcing professional to lead engineering component sourcing, supplier development, and cost reduction initiatives.

You will coordinate with Production, Design, and SCM to ensure material availability, quality, and on-time delivery. Ideal candidates hold a BE/BTech or Diploma in Mechanical Engineering with 6–12 years in procurement for engineering manufacturing, strong negotiation, ERP/MRP proficiency, and excellent

Qualifications

• BE/B.Tech or Diploma in Mechanical Engineering with 6–12 years in procurement for engineering/manufacturing industries.

Responsibilities

• Source and procure engineering components ensuring quality, cost, delivery and quantity.
• Develop reliable sources and identify alternate suppliers to reduce procurement risks.
• Evaluate supplier capability, capacity, quality standards and commercial terms.
• Prepare and process purchase orders based on approved requirements.
• Ensure timely procurement to meet production requirements.
• Develop and maintain strong relationships with suppliers and monitor performance.
• Coordinate with Production, PPC, Quality, Design, Stores and SCM teams to avoid shortages and support new product development.

Skills

Engineering Procurement & Sourcing

Supplier Development

Price Negotiation

Cost Reduction

Material Planning

Inventory Management

Min-Max & ABC Analysis

Cross-functional Coordination

ERP knowledge

MS Excel & Data Analysis

Education

B.E./B.Tech in Mechanical Engineering

Diploma in Mechanical Engineering (DME)

Tools

ERP / MRP Systems

MS Excel

Job description

Role & responsibilities

1. Procurement & Sourcing

• Source and procure engineering components as per quality, cost, delivery, and quantity requirements.
• Develop reliable and competitive sources for engineering components and materials.
• Identify alternative suppliers and sources to reduce procurement risks.
• Evaluate supplier capability, capacity, quality standards, and commercial terms.
• Prepare and process purchase orders based on approved requirements and material plans.
• Ensure timely procurement of materials to meet production requirements.

2. Supplier Development & Management

• Develop and maintain strong relationships with existing and potential suppliers.
• Identify, evaluate, and develop new suppliers based on business requirements.
• Monitor supplier performance related to quality, cost, delivery, and responsiveness.
• Work closely with suppliers to resolve supply-related issues.
• Develop alternate suppliers for critical and single-source components.
• Conduct regular supplier reviews and drive supplier improvement initiatives.

3. Cost Management & Negotiation

• Negotiate price, payment terms, credit period, lead time, MOQ, and other commercial conditions.
• Analyze supplier quotations and compare commercial offers.
• Develop basic should-cost estimates based on material, machining, process, and other manufacturing costs.
• Identify opportunities for cost reduction and value engineering.
• Track raw material and market price trends and take appropriate procurement actions.
• Support annual cost reduction initiatives and procurement savings targets.

4. Material Planning & Inventory Management

• Plan procurement based on production requirements, consumption, lead time, and inventory levels.
• Maintain appropriate Min-Max stock levels for critical and regular items.
• Use ABC analysis for effective inventory control and procurement planning.
• Monitor slow-moving, excess, and obsolete inventory.
• Coordinate with Production, Planning, Stores, and SCM teams to avoid material shortages.
• Optimize inventory levels without affecting production continuity.

5. Overseas Procurement & Logistics

• Plan and coordinate overseas procurement activities where applicable.
• Monitor import orders from PO placement to shipment and material receipt.
• Coordinate with suppliers, freight forwarders, logistics partners, and internal teams.
• Track shipment schedules and ensure timely receipt of imported materials.
• Monitor shipping documents and support smooth import clearance.
• Take timely action on shipment delays and supply risks.

6. Cross-Functional Coordination

• Work closely with Production, PPC, Quality, Design, Stores, Finance, and SCM teams.
• Coordinate technical discussions between suppliers and Engineering/Quality teams.
• Ensure timely implementation of engineering changes and revised specifications.
• Support new product development by identifying and developing suitable suppliers.
• Coordinate with Quality for supplier-related quality issues and corrective actions.

7. Procurement Systems & Documentation

• Maintain accurate purchase orders, supplier records, quotations, and commercial documents.
• Ensure procurement transactions are updated in the ERP/MRP system.
• Maintain supplier price records and historical purchase data.
• Prepare procurement reports covering cost, delivery, inventory, and supplier performance.
• Ensure compliance with company procurementpolicies and approval processes.

Essential Skills

• Engineering Procurement & Strategic Sourcing
• Supplier Development & Management
• Price Negotiation & Cost Reduction
• Engineering Materials & Machining Processes
• Supplier Evaluation
• Material Planning
• Inventory Management
• Min-Max & ABC Analysis
• Import Procurement & Logistics
• Cost Analysis & Commercial Evaluation
• ERP / MRP Systems
• MS Excel & Data Analysis
• Problem Solving & Decision Making
• Strong Communication & NegotiationSkills
• Cross-functional Coordination

Preferred candidate profile

We are looking for a candidate with:

• B.E./B.Tech in Mechanical Engineering or Diploma in Mechanical Engineering (DME).
• 612 years of experience in procurement/purchase in engineering manufacturing industries.
• Experience in procurement of machined components, fabricated parts, forgings, castings, hydraulic components, seals, fasteners, and other engineering items.
• Strong knowledge of machining processes, engineering materials, and manufacturing processes.
• Experience in supplier development, price negotiation, and supplier performance management.
• Experience in overseas procurement, import logistics, shipment planning, and monitoring will be an added advantage.
• Basic knowledge of costing, cost analysis, and cost reduction techniques.
• Good understanding of inventory management, Min-Max levels, ABC analysis, and material planning.
• Strong negotiation, communication, analytical, and coordination skills.
• Good knowledge of ERP/MRP systems and MS Excel.

Candidates from the following industries will be preferred:

• Hydraulic Cylinders & Hydraulic Systems
• Construction Equipment
• Earthmoving Equipment
• Heavy Engineering
• Automotive Components
• Material Handling Equipment
• Industrial Machinery
• Precision Machining
• Forging & Casting
• Fabrication
• Engineering Components Manufacturing
• Agricultural Equipment

Join Canara Hydraulics Pvt. Ltd. and be part of our growth journey as we build world-class capabilities in hydraulic manufacturing, procurement, supplier development, and operational excellence.