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- Supplier Sourcing & Selection: Identify, evaluate, and onboard new suppliers for machined components, fabricated parts, and engineering services. Ensure suppliers meet quality, cost, and delivery requirements.
- Negotiation & Cost Management: Negotiate pricing, terms, and contracts with suppliers to achieve cost savings while maintaining high quality standards. Drive cost reduction initiatives and continuous improvement projects.
- Technical Procurement: Manage the procurement process for technical components and services (machining, fabrication, engineering), ensuring alignment with engineering specifications and project timelines. Exposure to industry standards of Oilfield equipment. Ability to understand technical specification and basic knowledge of engineering drawing and interpretations. Strong knowledge of Quality management system, quality control of the process and product conformance.
- Supplier Relationship Management: Build and maintain strong relationships with key suppliers and vendors to ensure consistent quality, reliability, and responsiveness. Monitor supplier performance and resolve any issues related to quality, delivery, or cost.
- Market Analysis & Trends: Monitor industry trends, market conditions, and technological advancements to anticipate changes in pricing, supply chain dynamics, and new sourcing opportunities.
- Cross-Functional Collaboration: Work closely with engineering, production, and quality teams to understand their requirements and ensure procurement strategies align with production schedules and product specifications.
- Compliance & Documentation: Ensure compliance with company policies, regulatory standards, and industry best practices. Maintain accurate records of procurement activities, contracts, and supplier performance.
- A bachelor's degree in engineering (Mechanical, Industrial, or related field) is required. CIPS (Chartered Institute of Procurement & Supply) or CPSM (Certified Professional in Supply Management) certification is highly preferred.
- Strong understanding of engineering drawings, specifications, and materials used in machining, fabrication, and assembly processes.
- Proven experience in supplier sourcing, negotiation, and contract management. Ability to evaluate supplier capabilities and manage vendor relationships effectively.
- Strong track record in cost optimization and managing procurement to meet quality standards.
- Proficient in procurement software, ERP systems (e.g., SAP, Oracle), and MS Office Suite. Familiarity with advanced sourcing tools and technologies is a plus.
- Excellent communication skills with the ability to collaborate across departments and engage with global suppliers. Strong negotiation, presentation, and interpersonal skills.
Sourcing Specialist - Bengaluru - Immensa

3 weeks ago

Description
Job Overview
We are seeking an experienced and highly motivated Sourcing Specialist. The ideal candidate will have 4-5 years of experience in technical sourcing within Oil & Gas manufacturing setup, with expertise in machining, fabrication, and engineering services.
The successful candidate will play a critical role in ensuring the timely and cost-effective procurement of high-quality materials, components, and services, contributing to the operational excellence of our manufacturing processes.
Key Responsibilities:
Qualifications:
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