Procurement specialist

Job Description: -
•    5+ years’ experience in working with Sourcing Domine.
•    Identify, evaluate, and onboard suppliers for mechanical, electrical, electronics, and structural components used in elevator systems.
•    Conduct RFQs, RFPs, and competitive bidding to achieve best-cost sourcing.
•    Negotiate contract terms, pricing, and long-term agreements while ensuring compliance with company policies.
•    Monitor supplier performance through KPIs such as delivery adherence, quality, cost, and responsiveness.
•    Manage purchase requisitions (PR) and convert them into purchase orders (PO) in the ERP system (SAP, Oracle, etc.).
•    Ensure timely procurement of materials to support production schedules and new product development.
•    Coordinate with logistics for inbound deliveries and customs clearance (if applicable).
•    Resolve issues related to delivery delays, part shortages, and discrepancies.
•    Identify cost‑saving opportunities through value engineering, supplier consolidation, and localization initiatives.
•    Work closely with engineering for alternative material or supplier development.
•    Collaborate with Production, Quality, Engineering, and Planning teams to understand material requirements.
•    Address quality issues and support root cause analysis with suppliers.
•    Participate in new product introduction (NPI) projects for sourcing new components.

Qualifications
•    Engineering Graduate is preferred
•    Minimum 5+ years of relevant experience 

Technical skills
•    Strong understanding of manufacturing processes (fabrication, machining, casting, electronics).
•    Proficiency in ERP systems (SAP/Oracle/MS Dynamics).
•    Knowledge of Should Costing, Cost Breakdown Analysis, and supplier audits.