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Open nowPosted 24 days ago

Sourcing & Purchase Manager – Electronics

Vecmocon Technologies33 open roles

Where
Noida
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Your applicationOpen nowSourcing & Purchase Manager – ElectronicsVecmocon Technologies · Noida

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This job: posted 24 days ago

The posting

About Vecmocon

Vecmocon was incubated at IIT Delhi in 2016 and provides a complete technology stack to make electric vehicles intelligent, safer, and smoother to drive.

We specialize in providing OEMs with high-quality, locally manufactured EV technology solutions, including Battery Management Systems (BMS), chargers, Vehicle Intelligence Modules, FOTA solutions, software diagnostics, and other connected mobility products.

Our products adhere to applicable automotive and EV standards, including AIS-156, and are trusted by leading industry players.

We are a passionate and fast-growing team with capable and empathetic leadership, a collaborative culture, and a strong focus on technology and innovation.

Website: www.vecmocon.com

Job Summary

We are looking for an experienced Sourcing & Purchase Manager – Electronics to lead end-to-end sourcing, costing, procurement, and vendor development activities for electronic components, PCBAs, wiring harnesses, and related electrical/electronic assemblies.

The role will support both New Product Development (NPD) and mass-production requirements and will be responsible for supplier identification, RFQ management, techno-commercial evaluation, costing, negotiations, localization, supplier development, component availability, risk management, and timely procurement.

The ideal candidate should have a strong technical understanding of electronic components along with proven hands-on experience in Sourcing, Costing, and Vendor Development.

Key Responsibilities

1. Strategic Sourcing & Procurement

  • Lead end-to-end sourcing and procurement of electronic and electrical components.
  • Source categories including PCB, PCBA, ICs, semiconductors, microcontrollers, sensors, connectors, wiring harnesses, modules, displays, passive components, active components, and electronic assemblies.
  • Identify and develop suitable domestic and international suppliers.
  • Manage RFIs, RFPs, RFQs, supplier quotations, comparisons, techno-commercial evaluations, and supplier finalization.
  • Negotiate pricing, MOQ, lead time, payment terms, tooling cost, commercial terms, and supply agreements.
  • Ensure timely availability of components for prototype, NPD, pilot, and mass-production requirements.
  • Develop alternate suppliers for critical, high-risk, and single-source components.
  • Monitor component availability, market trends, lead times, and supply-chain risks.

2. Costing & Cost Optimization

  • Perform detailed BOM costing and supplier quotation analysis.
  • Conduct cost breakdown analysis, price benchmarking, and should-cost assessment.
  • Identify opportunities for cost reduction across electronic and electrical components.
  • Drive cost-saving initiatives through:Alternate sourcing Localization Value engineering Commercial negotiations Supplier competition Component substitution
  • Track historical pricing and evaluate supplier price revisions.
  • Work with Engineering teams on cost-effective component selection.
  • Support functional cost analysis during product development.
  • Monitor and report sourcing savings and cost-reduction initiatives.

3. Vendor Development & Supplier Management

  • Identify, evaluate, qualify, onboard, and develop suppliers and EMS partners.
  • Conduct supplier capability assessments covering:Manufacturing capability Quality systems Technical capability Capacity Delivery performance Financial stability Commercial competitiveness
  • Develop alternate vendors for critical components.
  • Drive localization and supplier-development initiatives.
  • Track supplier performance based on Quality, Cost, Delivery, and Service.
  • Support supplier audits in coordination with Quality and Engineering teams.
  • Drive supplier improvement plans and closure of supplier-related issues.
  • Manage supplier escalations related to cost, delivery, quality, shortages, and production continuity.
  • Maintain long-term supplier relationships while ensuring commercial and operational accountability.

4. Electronics & Component Sourcing

The role will include sourcing and management of:

  • PCB and PCBA
  • Semiconductor components
  • ICs and microcontrollers
  • Sensors
  • Connectors
  • Wiring harnesses
  • Displays
  • BLE / Wi-Fi / Cellular modules
  • Passive and active components
  • Controllers
  • Electrical and electronic assemblies

The candidate will also:

  • Evaluate alternate components in coordination with Engineering.
  • Support component selection based on cost, availability, lifecycle, quality, and manufacturability.
  • Identify and mitigate component shortage risks.
  • Manage risks related to EOL, PCN, and component obsolescence.
  • Work with Engineering teams to promote technically suitable and commercially competitive components.

5. NPD & Engineering Support

  • Work closely with Engineering and NPI teams during new-product development.
  • Review BOMs, specifications, component datasheets, technical drawings, Gerber files, and manufacturing packages.
  • Support supplier selection during prototype and development stages.
  • Participate in Design for Manufacturability discussions with suppliers and EMS partners.
  • Evaluate supplier quotations from technical and commercial perspectives.
  • Support prototype, validation, pilot-production, and mass-production requirements.
  • Coordinate alternate component development and validation.
  • Support Engineering Change Requests and component-change implementation from a sourcing perspective.

6. Purchase & Supply Planning

  • Coordinate procurement requirements based on production plans, forecasts, and inventory levels.
  • Ensure purchase orders are released accurately and on time.
  • Monitor supplier order confirmation, production status, dispatch schedules, and delivery commitments.
  • Follow up with suppliers to ensure timely material availability.
  • Coordinate with Planning, Stores, Production, Quality, and Finance teams.
  • Support inventory optimization while minimizing shortages, excess inventory, and obsolete stock.
  • Track supplier lead times and proactively address supply constraints.
  • Manage urgent sourcing requirements to avoid production disruption.

7. Documentation & Compliance

  • Maintain RFQ records, supplier quotations, comparison sheets, price history, agreements, and purchase records.
  • Maintain proper supplier and sourcing documentation.
  • Ensure suppliers comply with applicable requirements such as:RoHS REACH EOL notifications PCN requirements
  • Coordinate execution of supplier agreements, NDAs, SOWs, and commercial documents.
  • Maintain accurate BOM and sourcing data in relevant systems.
  • Experience with SiliconExpert, IHS Markit, Altium 365, SourceEngine, ERP systems, or similar platforms will be an advantage.

8. Cross-Functional Collaboration

  • Work closely with Engineering, NPI, Quality, Production, Planning, Finance, Stores, and Supply Chain teams.
  • Coordinate with EMS partners and component suppliers for smooth execution of sourcing and production requirements.
  • Communicate sourcing status, cost impact, supplier risks, shortages, and action plans to stakeholders.
  • Provide regular updates on:Cost savings Supplier performance RFQ status Supplier development Localization Supply risks Critical material availability

Mandatory Technical Competencies

The candidate must have strong hands-on experience in all three areas: Sourcing, Costing, and Vendor Development.

  • Strong hands-on experience in electronics sourcing and procurement.
  • Strong experience in BOM costing, should-cost analysis, price benchmarking, and cost breakdown analysis.
  • Proven experience in vendor identification, evaluation, onboarding, development, and performance management.
  • Strong understanding of PCB, PCBA, electronic components, wiring harnesses, connectors, sensors, and electrical assemblies.
  • Ability to read and understand BOMs, datasheets, PCB-related documentation, technical drawings, and supplier quotations.
  • Strong understanding of RFQ, RFP, supplier evaluation, techno-commercial comparison, and supplier finalization.
  • Strong commercial negotiation skills.
  • Experience in alternate supplier development and localization.
  • Experience in supplier cost-reduction initiatives.
  • Experience working with EMS partners, manufacturers, distributors, and component suppliers.
  • Knowledge of NPD and production procurement processes.
  • Understanding of component lifecycle, obsolescence, EOL, and PCN management.
  • Good understanding of purchase orders, contracts, MOQ, lead times, payment terms, and inventory planning.
  • Familiarity with ERP and BOM-management systems.

Behavioural Competencies

  • Ownership & Accountability: Takes complete ownership of sourcing, costing, procurement, and supplier-related activities.
  • Commercial Acumen: Strong understanding of pricing, cost structures, supplier commercials, and negotiation levers.
  • Negotiation & Influencing: Ability to negotiate effectively while balancing cost, quality, delivery, and business requirements.
  • Analytical Thinking: Uses market data, BOM information, quotations, and cost structures to make sourcing decisions.
  • Problem-Solving: Uses a structured approach to resolve shortages, delivery delays, supplier issues, and cost escalations.
  • Vendor Development Mindset: Proactively develops capable alternate suppliers and reduces sourcing dependency.
  • Result Orientation: Strong focus on achieving cost, quality, delivery, and sourcing targets.
  • Stakeholder Management: Works effectively with Engineering, Quality, Production, Planning, Finance, and management.
  • Supplier Relationship Management: Builds strong but performance-focused relationships with suppliers and EMS partners.
  • Decision-Making: Takes timely and commercially sound decisions in a fast-paced environment.
  • Communication Skills: Communicates sourcing updates, risks, negotiations, and action plans clearly.
  • Attention to Detail: Strong focus on commercial terms, component specifications, documentation, and timelines.
  • Adaptability: Comfortable working in a dynamic EV and technology environment.
  • Collaboration: Works effectively across technical and commercial teams.
  • Continuous Improvement: Identifies opportunities for localization, cost reduction, alternate sourcing, and process improvement.

Core Competencies

  • Electronics Sourcing
  • Costing & BOM Costing
  • Vendor Development
  • Procurement & Purchase Management
  • Supplier Development
  • PCB / PCBA Sourcing
  • Electronic Component Sourcing
  • EMS Management
  • Commercial Negotiation
  • RFQ & Supplier Finalization
  • Should-Cost Analysis
  • Price Benchmarking
  • Cost Reduction
  • Value Engineering
  • Alternate Component Development
  • Localization
  • Supply Risk Management
  • NPD Procurement
  • Inventory & Material Planning
  • Supplier Performance Management
  • Contract Management
  • Cross-functional Coordination

Qualifications & Experience

  • Bachelor's or Master's degree in Electronics, Electrical, Electronics & Communication Engineering, or a related discipline.
  • 5–8 years of relevant experience in electronics sourcing, purchase, procurement, or supply-chain management.
  • Mandatory hands-on experience in Sourcing, Costing, and Vendor Development.
  • Strong experience sourcing PCB, PCBA, electronic components, wiring harnesses, connectors, sensors, and/or electrical/electronic assemblies.
  • Strong experience in BOM costing, supplier quotation analysis, should-costing, price benchmarking, and commercial negotiations.
  • Proven experience in supplier identification, evaluation, qualification, onboarding, and development.
  • Experience in alternate vendor development and localization.
  • Experience working with EMS partners, component manufacturers, authorized distributors, and suppliers.
  • Experience supporting both NPD and mass-production requirements.
  • Experience in Automotive, EV, Electronics, OEM, Tier-1, or high-volume manufacturing organizations will be preferred.
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