Job Summary

We are looking for a detail-oriented and commercially robust Procurement & Costing Executive for the switches manufacturing industry. The role will be responsible for sourcing raw materials, components, packaging materials, and vendor services at optimum cost, quality, and delivery timelines, while also preparing accurate product costing, BOM cost analysis, and margin improvement reports.

Key Responsibilities

1) Procurement Responsibilities
- Source and procure raw materials, bought-out parts, and packaging materials required for switch manufacturing.
- Handle procurement of items such as brass parts, copper components, phosphor bronze parts, plastic granules, polycarbonate, urea moulding compound, screws, springs, contacts, terminals, rocker parts, plates, cartons, labels, and other switch accessories.
- Float RFQs, compare quotations, negotiate prices, and finalize suppliers based on quality, price, and delivery terms.
- Generate and process purchase orders as per production plans and inventory norms.
- Coordinate with planning, production, QA, stores,



and finance departments for smooth material flow.
- Ensure timely delivery of materials to avoid production stoppages.
- Track supplier performance on cost, quality, delivery, and service.
- Maintain multiple approved vendors for critical components to reduce sourcing risk.
- Support new vendor identification, vendor audits, and vendor development activities.
- Monitor market trends and raw material price movements for cost-effective buying decisions.

2) Costing Responsibilities
- Prepare detailed product cost sheets for existing and new switch models.
- Calculate material cost, conversion cost, overhead allocation, packaging cost, and landed cost.
- Analyze BOM-wise costing and validate actual vs standard cost.
- Work closely with design/R&D; and production teams for cost optimization during new product development.
- Conduct cost variance analysis for raw materials, components, and finished goods.
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📌 Senior Purchase Executive (Vasai-Virar)
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📍 Vasai-Virar