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Support Lucy Electric's procurement function by sourcing, developing, and managing suppliers for direct and indirect materials, ensuring cost-effective procurement, quality compliance, and uninterrupted material availability to support manufacturing operations.
Support Lucy Electric's procurement function by sourcing, developing, and managing suppliers for direct and indirect materials, ensuring cost-effective procurement, quality compliance, and uninterrupted material availability to support manufacturing operations.
Individual contributor role within the Purchasing & Materials function.
Responsible for supplier development, sourcing, negotiation, procurement planning, and cost optimization.
Works closely with Engineering, Quality, Production, Planning, and global procurement teams.
Ensure timely procurement and uninterrupted supply of materials to support production schedules.
Achieve annual cost reduction targets through strategic sourcing and negotiations.
Maintain supplier delivery performance and quality standards.
Ensure compliance with company purchasing policies and procurement procedures.
Support localization and supplier development initiatives.
Manage RFQs, supplier evaluations, contracts, and procurement documentation.
These will include:
Source and develop suppliers in line with company purchasing policies and quality requirements.
Obtain quotations, analyze commercial offers, and conduct techno-commercial evaluations.
Negotiate pricing, payment terms, delivery schedules, and commercial agreements with suppliers.
Coordinate with Engineering and Quality teams for new supplier and component development.
Review engineering drawings, specifications, and material requirements before sourcing activities.
Monitor supplier performance related to quality, cost, and delivery.
Identify and implement cost reduction and value engineering opportunities.
Ensure timely placement of purchase orders and follow-up for on-time deliveries.
Support localization projects and alternate source development.
Maintain procurement records, contracts, supplier agreements, and compliance documentation.
Resolve supplier-related issues and drive continuous improvement initiatives.
Coordinate with internal stakeholders to ensure smooth material flow and production support.
Support audits and ensure adherence to QMS, EHS, and company procurement standards.
Travel as required for supplier visits, audits, and development activities.
BE/B.Tech in Mechanical Engineering.
Minimum 5-8 years of experience in Purchase, Sourcing, or Supply Chain within a manufacturing environment.
Hands-on experience in supplier development, strategic sourcing, and procurement processes.
Ability to read and understand engineering drawings and technical specifications.
Strong knowledge of machined components, sheet metal parts, fabricated assemblies, molded components, and raw materials.
Experience in techno-commercial negotiations and contract management.
Working knowledge of ERP systems (SAP/Oracle or equivalent) and MS Office applications.
Understanding of quality systems, supplier audits, and supply chain best practices.
Effective communication and stakeholder management.
Strong negotiation and influencing skills.
Problem-solving and analytical thinking.
Result-oriented approach with commercial acumen.
Ability to work collaboratively in cross-functional and global teams.
Strong planning, organizing, and execution skills.
Structured presentation and reporting abilities.
Fluency in English and Hindi.
Improving people’s lives with intelligent power, smart lighting and sustainable homes.
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