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    Job · 17136509

    Canara Hydraulics logo

    Senior Procurement Engineer

    Canara Hydraulics · Bengaluru · onsite · Posted 40d ago

    Undisclosed6–11 yrsfulltimeSourced fromNaukri

    About a minute. You'll make an account on the way through.

    About this role

    Role & responsibilities

    1. Procurement & Sourcing

    • Source and procure engineering components as per quality, cost, delivery, and quantity requirements.
    • Develop reliable and competitive sources for engineering components and materials.
    • Identify alternative suppliers and sources to reduce procurement risks.
    • Evaluate supplier capability, capacity, quality standards, and commercial terms.
    • Prepare and process purchase orders based on approved requirements and material plans.
    • Ensure timely procurement of materials to meet production requirements.

    2. Supplier Development & Management

    • Develop and maintain strong relationships with existing and potential suppliers.
    • Identify, evaluate, and develop new suppliers based on business requirements.
    • Monitor supplier performance related to quality, cost, delivery, and responsiveness.
    • Work closely with suppliers to resolve supply-related issues.
    • Develop alternate suppliers for critical and single-source components.
    • Conduct regular supplier reviews and drive supplier improvement initiatives.

    3. Cost Management & Negotiation

    • Negotiate price, payment terms, credit period, lead time, MOQ, and other commercial conditions.
    • Analyze supplier quotations and compare commercial offers.
    • Develop basic should-cost estimates based on material, machining, process, and other manufacturing costs.
    • Identify opportunities for cost reduction and value engineering.
    • Track raw material and market price trends and take appropriate procurement actions.
    • Support annual cost reduction initiatives and procurement savings targets.

    4. Material Planning & Inventory Management

    • Plan procurement based on production requirements, consumption, lead time, and inventory levels.
    • Maintain appropriate Min-Max stock levels for critical and regular items.
    • Use ABC analysis for effective inventory control and procurement planning.
    • Monitor slow-moving, excess, and obsolete inventory.
    • Coordinate with Production, Planning, Stores, and SCM teams to avoid material shortages.
    • Optimize inventory levels without affecting production continuity.

    5. Overseas Procurement & Logistics

    • Plan and coordinate overseas procurement activities where applicable.
    • Monitor import orders from PO placement to shipment and material receipt.
    • Coordinate with suppliers, freight forwarders, logistics partners, and internal teams.
    • Track shipment schedules and ensure timely receipt of imported materials.
    • Monitor shipping documents and support smooth import clearance.
    • Take timely action on shipment delays and supply risks.

    6. Cross-Functional Coordination

    • Work closely with Production, PPC, Quality, Design, Stores, Finance, and SCM teams.
    • Coordinate technical discussions between suppliers and Engineering/Quality teams.
    • Ensure timely implementation of engineering changes and revised specifications.
    • Support new product development by identifying and developing suitable suppliers.
    • Coordinate with Quality for supplier-related quality issues and corrective actions.

    7. Procurement Systems & Documentation

    • Maintain accurate purchase orders, supplier records, quotations, and commercial documents.
    • Ensure procurement transactions are updated in the ERP/MRP system.
    • Maintain supplier price records and historical purchase data.
    • Prepare procurement reports covering cost, delivery, inventory, and supplier performance.
    • Ensure compliance with company procurementpolicies and approval processes.

    Essential Skills

    • Engineering Procurement & Strategic Sourcing
    • Supplier Development & Management
    • Price Negotiation & Cost Reduction
    • Engineering Materials & Machining Processes
    • Supplier Evaluation
    • Material Planning
    • Inventory Management
    • Min-Max & ABC Analysis
    • Import Procurement & Logistics
    • Cost Analysis & Commercial Evaluation
    • ERP / MRP Systems
    • MS Excel & Data Analysis
    • Problem Solving & Decision Making
    • Strong Communication & NegotiationSkills
    • Cross-functional Coordination

    Preferred candidate profile

    We are looking for a candidate with:

    • B.E./B.Tech in Mechanical Engineering or Diploma in Mechanical Engineering (DME).
    • 612 years of experience in procurement/purchase in engineering manufacturing industries.
    • Experience in procurement of machined components, fabricated parts, forgings, castings, hydraulic components, seals, fasteners, and other engineering items.
    • Strong knowledge of machining processes, engineering materials, and manufacturing processes.
    • Experience in supplier development, price negotiation, and supplier performance management.
    • Experience in overseas procurement, import logistics, shipment planning, and monitoring will be an added advantage.
    • Basic knowledge of costing, cost analysis, and cost reduction techniques.
    • Good understanding of inventory management, Min-Max levels, ABC analysis, and material planning.
    • Strong negotiation, communication, analytical, and coordination skills.
    • Good knowledge of ERP/MRP systems and MS Excel.

    Candidates from the following industries will be preferred:

    • Hydraulic Cylinders & Hydraulic Systems
    • Construction Equipment
    • Earthmoving Equipment
    • Heavy Engineering
    • Automotive Components
    • Material Handling Equipment
    • Industrial Machinery
    • Precision Machining
    • Forging & Casting
    • Fabrication
    • Engineering Components Manufacturing
    • Agricultural Equipment

    Interested Candidates

    Interested candidates and recruitment consultants may share suitable profiles with detailed resumes mentioning:

    • Current CTC
    • Expected CTC
    • Notice Period
    • Current Location
    • Total Experience
    • Procurement/Purchase Experience
    • Engineering Industry Experience
    • Hydraulic Industry Experience, if any
    • Overseas/Import Procurement Experience, if any

    How to Apply

    Please send your updated resume to:

    Email: [email removed]

    Please mention Senior Engineer – Procurement” in the subject line.

    Join Canara Hydraulics Pvt. Ltd. and be part of our growth journey as we build world-class capabilities in hydraulic manufacturing, procurement, supplier development, and operational excellence.

    Sourced from naukri

    Skills

    SourcingPurchase ManagementPurchaseProcurement ManagementSupply Chain ManagementMaterial Procurement

    About Canara Hydraulics

    Canara Hydraulics logo

    Canara Hydraulics

    Engineering & Construction

    175

    employees

    1991

    35 years old

    Bengaluru

    India

    ₹5L PA avg

    Avg at Canara Hydraulics

    About

    Hydraulics cylinder powerpack manufacturers India delivers superior quality hydraulics machinery specialized in machine designing in Bangalore

    Industries

    Engineering & ConstructionIndustrial Machinery

    Employee ratings

    10 reviews

    4.5/ 5

    Culture

    4.0

    Career growth

    4.3

    Work-life

    4.4

    Employees rate it well for

    Job Security45Overall Company45

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