Role Summary
The Assistant Manager - Capex will be responsible for managing and optimizing the procurement of capital goods, equipment, and project-related services.
This role ensures alignment with project budgets, compliance standards, and strategic sourcing practices.
The incumbent will collaborate with cross-functional stakeholders (Engineering, Finance, Quality, and Operations) to ensure timely, cost-effective, and compliant execution of capital purchase projects.
Key Responsibilities
Capital Procurement & Planning
- Develop and execute annual and project-specific Capex procurement plans aligned with approved budgets.
- Coordinate with project teams for equipment specifications, capacity requirements, and timelines.
- Prepare cost estimates, evaluate ROI, and support Capex approval processes with senior management.
Supplier Evaluation & Contract Management
Conduct supplier due diligence, technical capability assessments, and compliance audits.Lead RFQ / RFP processes, bid evaluations, and techno-commercial negotiations.Draft, negotiate, and execute supplier contracts ensuring favorable terms on pricing, warranties, and delivery.Track contract performance and ensure compliance with contractual obligations.Procurement Operations & Compliance
Manage the full lifecycle of purchase orders, including creation, order tracking, invoicing, and payment follow-up.Ensure adherence to GxP, USFDA, EU-GMP, and internal SOPs during procurement processes.Maintain comprehensive procurement documentation for internal, statutory, and regulatory audits.Vendor & Market Management
Monitor vendor performance using KPIs (quality, cost, delivery timelines, service levels).Initiate vendor requalification or disengagement for non-compliance or performance issues.Conduct market intelligence studies to identify alternative suppliers, cost-saving opportunities, and emerging technologies.Build long-term relationships with strategic vendors for key equipment and services.Process Improvement & Digital Transformation
Drive adoption of e-procurement and digital tools for enhanced transparency and efficiency.Implement automation initiatives for Capex procurement to reduce lead times.Identify and implement best practices in procurement strategy, cost optimization, and supplier risk management.Qualifications & Experience
Education : B.Tech / B.in Mechanical / Electrical Engineering, OR MBA in Supply Chain Management 6-11 years in procurement, Capex management, or supply chain in a pharmaceutical, chemical, or manufacturing industry.
Proven experience in managing large-scale Capex projects, technical procurement, and supplier Strong negotiation, analytical, and vendor management skills.Excellent knowledge of procurement processes, ERP systems (SAP / Oracle), and digital procurement platforms.Understanding of pharma compliance standards (USFDA, EU GMP, cGMP) in procurement.Strong project management, cross-functional collaboration, and stakeholder communication abilities(ref : iimjobs.com)