Job Description
Key Responsibilities
- Procurement Execution & Tender Management
- Conduct procurement activities including RFX, tendering, bid evaluation, and PO processing as per approved sourcing strategies
- Prepare quotation comparative statements (QCS), negotiate with vendors, and process Notes for Approval (NFA) within defined Delegation of Authority (up to ₹10 lakhs per transaction or as per category volume)
- Ensure timely closure of open PRs and maximize utilization of Annual Rate Contracts (ARCs)
- Review and expedite open POs; initiate quarterly short closures in coordination with Category Manager
- Vendor Management & Trade Finance Coordination
- Ensure complete vendor registration and facilitate third-party due diligence with the compliance team
- Act as the single point of contact for LC issuance / closure, EMD / BG management, and related trade finance activities
- Coordinate with suppliers for timely submission of documents and collaborate with Material Management, Indirect Taxation, and Finance for GRN and bill booking
- Strategic Sourcing & Spend Planning
- Interact with planning and analytics teams to prepare spend analysis and demand forecasts
- Execute sourcing strategies and develop negotiation plans aligned with category objectives
- Present category insights and performance data to management for informed decision-making
- Supplier Database & Performance Monitoring
- Build and maintain an accurate supplier database for assigned categories
- Track category spend, monitor demand plan deviations, and optimize vendor mix (including 'C' category vendors)
- Identify and onboard new or alternate suppliers to strengthen the supply base
- Monitor and evaluate supplier performance against defined KPIs
- Key Performance Indicators
- Annual savings delivered within the category
- Alignment of material and service trends with planned forecasts
- Development of alternate suppliers and vendor optimization
- Supplier performance tracking and continuous improvement
Responsibilities
Key Responsibilities
Procurement Execution & Tender ManagementConduct procurement activities including RFX, tendering, bid evaluation, and PO processing as per approved sourcing strategiesPrepare quotation comparative statements (QCS), negotiate with vendors, and process Notes for Approval (NFA) within defined Delegation of Authority (up to ₹10 lakhs per transaction or as per category volume)Ensure timely closure of open PRs and maximize utilization of Annual Rate Contracts (ARCs)Review and expedite open POs; initiate quarterly short closures in coordination with Category ManagerVendor Management & Trade Finance CoordinationEnsure complete vendor registration and facilitate third-party due diligence with the compliance teamAct as the single point of contact for LC issuance / closure, EMD / BG management, and related trade finance activitiesCoordinate with suppliers for timely submission of documents and collaborate with Material Management, Indirect Taxation, and Finance for GRN and bill bookingStrategic Sourcing & Spend PlanningInteract with planning and analytics teams to prepare spend analysis and demand forecastsExecute sourcing strategies and develop negotiation plans aligned with category objectivesPresent category insights and performance data to management for informed decision-makingSupplier Database & Performance MonitoringBuild and maintain an accurate supplier database for assigned categoriesTrack category spend, monitor demand plan deviations, and optimize vendor mix (including 'C' category vendors)Identify and onboard new or alternate suppliers to strengthen the supply baseMonitor and evaluate supplier performance against defined KPIsKey Performance IndicatorsAnnual savings delivered within the categoryAlignment of material and service trends with planned forecastsDevelopment of alternate suppliers and vendor optimizationSupplier performance tracking and continuous improvementQualifications
Knowledge
Educational Qualifications & Certifications :BE (Mechanical)Relevant (Functional / Level) & Total Years of Experience :7-10 years years' experience in various aspects of MRO / Mechanical Material Procurement in Large Scale Refinery and Petrochemicals or any other large scale industries.Experience in SAP.Experience in Source to Pay platformSkills
Functional Skills :Knowledge of Principle of Sourcing, category management, buying channel.Sourcing within Approved Budget.Planning of Purchase & Services within the Category.Accountable for getting best prices from market along with stringent contractual terms, & vendor selection.System development & implementation.Adherence of policies, procedures.Compliance of all Legal & statutory requirement.Working knowledge of all aspects Procurement (Material & Services).Behavioural Skills :Negotiations Skills.Communication SkillsManagerial Skills.Coordination SkillsSkills Required
Sap, Category Management, Vendor Selection