- Develop and implement procurement strategies aligned with the company s goals.
- Manage the end-to-end procurement process, including requisition, sourcing, tendering, negotiation, and contract management.
- Ensure timely procurement of materials, equipment, and services required for EPC and OM projects.
Vendor Management:
- Identify, evaluate, and develop a robust supplier base.
- Maintain strong relationships with existing suppliers and negotiate favorable terms and conditions.
- Conduct supplier audits and performance evaluations to ensure compliance with company standards and requirements.
Cost Management:
- Conduct market research and analysis to stay updated on market trends and pricing.
- Implement cost-saving initiatives and strategies to achieve budgetary targets.
- Monitor and control procurement expenditures to maintain cost-effectiveness.
Compliance and Risk Management:
- Ensure procurement activities comply with legal and regulatory requirements.
- Manage risks associated with the supply chain and develop mitigation plans.
- Maintain accurate records of procurement transactions and contracts.
Team Collaboration:
- Work closely with project managers, engineers, and other stakeholders to understand procurement needs and project timelines.
- Coordinate with the finance department to ensure timely payment to suppliers and resolve any payment issues.
- Provide guidance and support to junior procurement staff.
Reporting and Documentation:
- Prepare and present regular procurement reports to senior management.
- Maintain up-to-date records of supplier performance, procurement activities, and contract documentation.
- Use procurement software and systems to enhance efficiency and accuracy in procurement processes.
Qualifications:
- Education: Bachelor s degree in Business Administration, Supply Chain Management, Engineering, or a related field. A Master s degree or professional certification (e.g., CPM, CPSM) is a plus.
- Experience: Minimum of 5 years of experience in procurement, preferably in the water utility sector or related industries (EPC OM).
- Strong negotiation and communication skills.
- Excellent analytical and problem-solving abilities.
- Proficiency in procurement software and ERP systems.
- Knowledge of contract management and legal aspects of procurement.
- Ability to work independently and as part of a team.
Key Competencies:
- Attention to Detail: Meticulous in managing details and accuracy in procurement documentation.
- Strategic Thinking: Ability to develop and implement strategic procurement plans.
- Interpersonal Skills: Strong ability to build and maintain relationships with suppliers and internal stakeholders.
- Time Management: Excellent organizational skills with the ability to manage multiple priorities and meet deadlines.
- Ethical Standards: High level of integrity and adherence to ethical procurement practices.
Work Environment:
- Physical Requirements: Ability to work in an office environment with occasional travel to supplier sites and project locations across India.
- Work Conditions: Fast-paced work environment with a focus on meeting project deadlines and procurement targets.
