Role: Procurement / Purchase EngineerIndustry Type: Aerospace/ Defence Department: Procurement & Supply ChainEmployment Type: Full Time, PermanentRole Category: Procurement & PurchaseEducationMechanical Engineer/B.SC/BTECH/Diploma Key SkillsSkills highlighted with are preferred key skillsPurchase Machining Forging PartsProcurement MIS Preparation Strategic Sourcing Costing Forgings Strategic Purchasing Vendor Development Forge Budget Preparation Product Development Casting Job description Purchase Engineer (Forging/Machining/Casting):Well versed in Technical Purchasing of Forging, Machining, Casting Components & Proprietary Components Review all NPD Activities with Vendors & Customer Costing, Budget Preparation, MIS Preparation, Comparison Sheets, Quality Assurance, Strategic Sourcing, Approvals, Vendor Development, Product developmentPOSITION OVERVIEW:We are seeking a dedicated and experienced Procurement Engineer to join our dynamic team to serve our export & domestic Customers.The successful candidate will be responsible for overseeing and managing procurement activities related to equipment, materials, and services essential for all 3rd Party Manufacturing. Source, evaluate, and negotiate with suppliers to acquire quality equipment, materials, and serviceswithin budgetary costs. Develop and implement procurement strategies aligned with project requirementsConduct market research to identify potential suppliers, assess their capabilities, and maintain supplier database.Manage the procurement process, including issuing purchase orders, tracking deliveries, and resolvingany supply chain issues or discrepancies.Monitor and evaluate supplier performance, including delivery times, quality of products/services, and overall reliability.Cost analysis: Conduct cost analyses to identify opportunities for cost savingRisk assessment: Assess and mitigate risks associated with procurement, such as supply disruptions and market fluctuationsThe Procurement Engineer will collaborate with our clients to ensure timely and cost effective procurement while adhering to contract terms.