SOURCING EXECUTIVE

KEY RESPONSIBILITIESFOR SOURCING EXECUTIVE ·       Identify and evaluate new suppliers for components, raw materials, andservices ·       Conduct supplier assessments together with QA teams ·       Ensure suppliers meet standards like ISO 13485 ·       Request and compare quotations (RFQs) ·       Negotiate pricing, payment terms, and contracts ·       Drive cost reduction initiatives without compromising quality ·       Ensure timely sourcing of materials to support production schedules ·       Monitoring lead times and delivery performance ·       Identify supply risks (single-source suppliers, long lead times,geopolitical issues) ·       Handle disruptions proactively ·       Track supplier KPIs (quality, delivery, cost) ·       Work closely with cross functional departments: Engineering(specifications), Quality Assurance (supplier audit), production and planning (materialneeds) ·       New product introduction (NPI support) in source new materials andensure suppliers are ready before mass production ·       Track cost savings and sourcing performance