Senior Purchase Executive

Coreel Technologies; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Coreel Technologies in Bengaluru is seeking a proactive Senior Executive / Executive Purchase to manage strategic sourcing, supplier development, and cost optimization for electronic components. The role requires hands-on EMS/OEM experience and strong electronics supply chain knowledge.

The candidate will lead RFQs, on-board suppliers, negotiate terms, and collaborate with R&D, Quality, and Production to ensure timely material availability and cost competitiveness.

Qualifications

• Strong sourcing, negotiation, and supplier development skills.
• In-depth knowledge of electronic components, BOMs, and supply market.
• Understanding of electronics quality standards and documentation.
• Excellent communication, analytical, and stakeholder coordination skills.

Responsibilities

• Identify, evaluate, and onboard new suppliers for electronic components and raw materials.
• Conduct RFQs/RFPs, analyze supplier quotations, and perform cost benchmarking.
• Develop sourcing strategies aligned with project timelines, volume forecasts, and business objectives.
• Develop and maintain a robust supplier base to ensure continuity of supply and risk mitigation.
• Build long-term relationships with strategic suppliers to ensure cost competitiveness, quality, and delivery adherence.
• Conduct supplier performance evaluations and capability assessments.
• Lead commercial negotiations for pricing, payment terms, lead times, and contractual conditions.
• Perform cost analysis and should-costing to support cost-reduction and value engineering initiatives.
• Support localization and alternate sourcing initiatives to reduce dependency and overall procurement cost.
• Work closely with R&D, Engineering, Quality, SCM, and Production teams during NPD and project execution.
• Ensure timely sourcing of materials as per project milestones and prototype/production requirements.
• Proactively address sourcing risks, shortages, and supplier constraints to avoid project or production delays.
• Ensure suppliers meet standard quality systems, certifications, and documentation requirements.
• Coordinate with the Quality team to address supplier quality issues, non-conformances, and corrective actions.
• Support audits, PPAPs, and qualification activities as required.

Skills

Sourcing

Negotiation

Supplier development

Communication

Analytical skills

Stakeholder coordination

Job description

Designation : Senior Executive / Executive Purchase

Experience : 3–8 Years

Location : Koramangala, Bangalore

About the Role :

We are seeking a proactive and detail-oriented Purchase Executive to manage strategic sourcing, supplier identification, vendor development, and cost optimization for electronic components and materials. The ideal candidate will have hands-on experience in an EMS (Electronics Manufacturing Services) or OEM environment with a strong understanding of electronics supply chain and sourcing processes.

Key Responsibilities

Strategic Sourcing & Supplier Identification

• Identify, evaluate, and onboard new suppliers for electronic components and raw materials based on technical, commercial, and quality requirements.
• Conduct RFQs/RFPs, analyze supplier quotations, and perform cost benchmarking.
• Develop sourcing strategies aligned with project timelines, volume forecasts, and business objectives.

Vendor Development & Relationship Management

• Develop and maintain a robust supplier base to ensure continuity of supply and risk mitigation.
• Build long-term relationships with strategic suppliers to ensure cost competitiveness, quality, and delivery adherence.
• Conduct supplier performance evaluations and capability assessments on a periodic basis.

Cost Optimization & Negotiation

• Lead commercial negotiations for pricing, payment terms, lead times, and contractual conditions.
• Perform cost analysis and should-costing to support cost-reduction and value engineering initiatives.
• Support localization and alternate sourcing initiatives to reduce dependency and overall procurement cost.

Cross-Functional Collaboration & Project Support

• Work closely with R&D, Engineering, Quality, SCM, and Production teams during new product development (NPD) and project execution.
• Ensure timely sourcing of materials as per project milestones and prototype/production requirements.
• Proactively address sourcing risks, shortages, and supplier constraints to avoid project or production delays.

Quality & Compliance

• Ensure suppliers meet standard quality systems, certifications, and documentation requirements.
• Coordinate with the Quality team to address supplier quality issues, non-conformances, and corrective actions.
• Support audits, PPAPs, and qualification activities as required.

Mandatory Skill Set

• Strong sourcing, negotiation, and supplier development skills
• In-depth knowledge of electronic components, BOMs, and supply market
• Understanding of electronics quality standards and documentation
• Excellent communication, analytical, and stakeholder coordination skills

Desired Skill Set

• Good team player with a collaborative and solution-oriented approach
• Ability to work in a fast-paced, R&D-driven environment
• Experience in cost-reduction, alternate sourcing, or localization projects (preferred)