About the role
Procurement & Sourcing
- Identify and source vendors for materials, equipment, spares, consumables, and services.
- Float RFQs/RFPs and obtain competitive quotations from approved suppliers.
- Conduct market research to identify cost-effective procurement opportunities.
- Develop and maintain a robust vendor database.
Techno-Commercial Evaluation
- Coordinate with technical stakeholders for specification finalization.
- Perform technical and commercial bid evaluations.
- Prepare comparative statements (CSTs) and recommendation notes.
- Analyze vendor proposals considering quality, delivery schedules, compliance, and commercial terms.
Negotiation & Contracting
- Negotiate prices, payment terms, delivery schedules, warranty clauses, and contractual conditions.
- Finalize purchase orders and service contracts.
- Ensure procurement achieves targeted cost savings and commercial benefits.
Vendor Management
- Monitor vendor performance related to quality, delivery, and service.
- Develop strategic relationships with key suppliers.
- Resolve supplier issues and escalations.
Purchase Order Management
- Create and release purchase orders in SAP/ERP systems.
- Track order status and expedite deliveries where required.
- Coordinate with stores, users, finance, and vendors for smooth execution.
Compliance & Documentation
- Ensure procurement activities comply with organizational policies and audit requirements.
- Maintain procurement records, contracts, vendor documents, and approvals.
- Support internal and external audits.
Stakeholder Coordination
- Liaise with Engineering, Operations, Maintenance, Stores, Finance, and Project teams.
- Ensure timely availability of critical materials and services.
Educational Qualification
- B.E./B.Tech (Mechanical/Electrical/Instrumentation/Chemical) preferred.
- MBA/PGDM in Supply Chain, Operations, or Materials Management will be an added advantage.
Experience
- 4-10 years of experience in techno-commercial procurement.
- Experience in Power Plant, Energy, Manufacturing, Infrastructure, or Heavy Industry preferred.
- Exposure to SAP/ERP-based procurement processes.