Technical Buyer
ELGI Equipments · Coimbatore
- Experience5–10 yrs
- SalaryNot disclosed
- Work modeonsite
- Posted25 Sept 2026
About ELGI Equipments
ELGI Equipments is hiring in Coimbatore in manufacturing industrial. This role looks for around 5+ years of experience.
Skills
- supplier development
- cost management
- supplier qualification
- supplier relationship management
- sourcing strategies
- Zero Base Costing
- procurement
The role
A procurement specialist at an industrial equipment manufacturer develops sourcing strategies, qualifies suppliers, and applies supplier development and cost management to improve supply chain performance. The role also uses Zero Base Costing.
Full job description
Purpose :
The role holder is individual contributor responsible for driving and executing Sourcing and Cost Reduction strategies to optimize supply chain operations and achieve cost efficiencies. This role involves managing supplier relationships, sourcing activities, and ensuring that sourcing practices align with organizational goals and industry best practices. The role holder contributes to strategic sourcing initiatives, enhances supplier performance, and supports global procurement processes, thereby ensuring the company's competitive edge and operational excellence in a dynamic market environment.
Process Improvement
Drive continuous improvement in sourcing processes, identifying and implementing best practices and process enhancements to increase sourcing efficiency and effectiveness
Strategy Development
Develop and implement comprehensive Sourcing strategies on Supplier development and Cost management initiatives that are aligned with the company's strategic objectives and operational needs
Supplier empanelment
New supplier induction and development to expand the supplier base and ensure a robust supply chain.
Supplier Selection and Qualification
Provide inputs for supplier selection and qualification processes, evaluating potential suppliers based on capabilities, quality, cost, and reliability
Cross-functional Collaboration
Coordinate with cross-functional teams to align sourcing activities with operational requirements and project goals
Compliance and Quality Assurance
Adhere to sourcing policies and procedures, ensuring compliance with organizational standards and industry regulations
Budgeting
Support in Zero Base Costing (ZBC) of parts for cost reduction and process optimization.
Documentation Management
Manage and maintain sourcing documentation, including supplier contracts, agreements, and performance reports