The Sr. Purchase Engineer/Executive is responsible for sourcing, evaluating, and procuring technical equipment, raw materials, custom-fabricated parts, and engineering services. This role conducts technical-commercial bid evaluations, manages specialized vendor bases, and leads cost-engineering initiatives to ensure project specifications, quality standards, and budget targets are strictly met. Years of Experience: 2 to 5 Years Qualification: Bachelor’s degree in Engineering or equivalent Technical Diploma. A Master’s degree or MBA in Supply Chain Management is advantageous. Responsibilities: • Technical Sourcing & Vendor Selection • Interpret technical datasheets, Material specifications to identify correct procurement requirements. • Identify, audit, and onboard qualified technical vendors and specialized fabricators capable of meeting strict Industrial tolerances and quality standards. • Conduct Techno-Commercial Comparisons (TCC) to evaluate supplier bids based on technical capability, compliance with specifications, cost, and delivery timelines. • Negotiation & Contract Management • Negotiate pricing, payment milestones, technical guarantees, warranties, and delivery schedules for engineering equipment and raw materials. • Draft and finalize purchase orders (POs) and technical purchase specifications (TPS) ensuring clear contractual terms, liquidated damages (LD) clauses, and quality acceptance criteria. • Procurement Project Management & Expediting • Expedite manufacturing and delivery timelines for critical components through regular factory visits, progress checks, and vendor milestones. • Coordinate pre-dispatch inspections (PDI) with internal Quality Assurance or third-party inspection agencies (TPIA). • Resolve queries (RFIs) between suppliers and internal teams. • Cost Optimization & Market Analysis • Analyze trends in raw material markets to time purchases and mitigate price volatility risks. • Develop alternative sourcing options (localization, import substitution, dual-sourcing) for critical single-source components. Skills Required: • Strong technical-commercial negotiation capability. • Analytical approach to cost breakdowns and Should-Cost modeling. • Effective cross-functional communication between Departments and business units. Technical Skills • Proficiency in Understanding Material Technical Specification, Standard. . • Hands-on experience with ERP systems • Understanding of manufacturing processes . • Knowledge of global quality standards.