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