About the role
- Develop and implement procurement strategies for O&M, fuel handling, spares, services, and capital projects.
- Lead strategic sourcing initiatives to optimize procurement costs and improve supplier performance.
- Drive annual procurement planning and budgeting activities.
- Lead contract negotiations, commercial evaluations, and tendering processes.
- Ensure compliance with procurement policies, delegated authority matrix, and audit requirements.
- Review and approve commercial terms, purchase orders, work orders, and service contracts.
- Develop and maintain a strong supplier base for critical equipment and services.
- Conduct vendor performance evaluations and supplier development programs.
- Establish long-term partnerships with key suppliers to improve availability and cost competitiveness.
- Optimize inventory levels while ensuring operational reliability.
- Monitor critical spare parts planning and procurement.
- Drive initiatives for inventory reduction and working capital optimization.
- Collaborate with Operations, Maintenance, Finance, Project, and Stores teams.
- Support plant outages, shutdowns, overhauls, and major maintenance activities through timely procurement.
- Identify opportunities for cost reduction and process improvement.
- Implement value engineering and alternative sourcing strategies.
- Track procurement savings and commercial benefits.
- Lead and mentor the Techno Commercial, Purchase, and Stores teams.
- Build a high-performance culture focused on accountability and continuous improvement.
- Develop succession plans and capability-building initiatives.
- Ensure adherence to company policies, statutory regulations, and ethical procurement practices.
- Support internal and external audits.
- Manage procurement risks and contractual obligations effectively.
- B.E./B.Tech Mechanical / Electrical / Production / Industrial Engineering.
- MBA/PGDM in Supply Chain Management, Operations, or Finance preferred.
- 15–20+ years of experience in Procurement, Techno Commercial, Supply Chain, or Commercial functions.
- Minimum 5 years of leadership experience in the Power Generation industry.
- Experience in Thermal Power Plant procurement, O&M spares, services, contracts, and strategic sourcing.