Position Summary

The Purchase Specialist Bought-Out Components is responsible for strategic and operational procurement of externally sourced components, assemblies, and equipment required for manufacturing mining and mineral processing machinery. The role focuses on supplier management, cost optimization, quality assurance, delivery performance, and ensuring uninterrupted supply to support production and project execution.

Key Responsibilities

- Procurement & Sourcing: Manage procurement of bought-out components, assemblies, and equipment from approved suppliers. Execute RFQs (Request for Quotations), bid analysis, commercial negotiations, and purchase order placement. Identify and develop new suppliers to improve cost competitiveness and supply reliability. Support localization and supplier development initiatives.
- Supplier Relationship Management: Build and maintain relationships with strategic suppliers. Monitor supplier performance through KPIs such as: On-Time Delivery (OTD) Quality performance (PPM/Rejection Rate) Cost competitiveness Responsiveness. Conduct supplier reviews and participate in supplier audits.
- Cost Management: Drive cost reduction initiatives through value engineering and strategic sourcing. Analyze market trends, raw material movements, and supplier cost structures. Support annual budgeting and cost-saving targets.
- Supply Chain & Inventory Management: Ensure material availability to meet production schedules and project timelines. Collaborate with planning, manufacturing, engineering, and logistics teams. Monitor inventory levels and optimize working capital. Manage expediting activities for critical deliveries.
- Contract & Compliance Management: Negotiate commercial terms, contracts, and service agreements. Ensure compliance with company procurement policies, ethical sourcing standards, and regulatory requirements.



Support ESG and sustainability initiatives within the supply base.
- Cross-Functional Coordination: Work closely with Engineering for technical clarifications, Quality for supplier quality issues, Production planning for material requirements, Finance for payment and cost control activities. Participate in new product development and sourcing projects.

Required Qualifications

Education

- Bachelors degree in Mechanical Engineering, Industrial Engineering, Supply Chain Management, or related field. MBA/Specialization in Supply Chain or Procurement preferred.

Experience

- 3-8 years of procurement experience in: Mining equipment manufacturing Heavy engineering Industrial machinery Capital equipment manufacturing. Experience handling bought-out items, fabricated parts, castings, forgings, motors, gearboxes, hydraulics, bearings, electricals, and industrial components.

Technical Skills
- Solid understanding of: Procurement processes, Supply chain management, Vendor development, Cost analysis, Contract negotiation, ERP experience (SAP, Oracle, Microsoft Dynamics, etc.).
- Advanced Excel and data analysis skills.

Behavioral Competencies
- Negotiation and influencing skills
- Analytical thinking
- Problem-solving capability
- Stakeholder management
- Attention to detail
- Effective communication
- Ability to work in a global matrix organization

Key Performance Indicators (KPIs)
- Purchase cost savings (%)
- On-time supplier delivery performance
- Supplier quality metrics
- Inventory turns
- Procurement lead-time reduction
- Supplier development milestones
- Working capital improvement

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Purchasing Specialist (Haryana)
🏢 Flsmidth
📍 Haryana