Karamtara - Vice President - Procurement

About The Job

Job Summary:

Key Equipment & Capex Procurement

• Lead procurement strategies for high-value capital equipment, industrial machinery, and infrastructure investments.
• Ensure cost-effective sourcing of capex items while maintaining quality, reliability, and long-term asset performance.
• Oversee procurement for brownfield and greenfield projects, ensuring timely acquisition of critical equipment.
  

Global Procurement & Vendor Management

• Develop and manage global supplier relationships to secure competitive pricing and favorable contract terms.
• Conduct vendor evaluations to ensure a stable supply of high-quality equipment, materials, and services.
• Negotiate long-term agreements with OEMs and suppliers to optimize procurement costs and mitigate risks.
  

Strategic Procurement Leadership

• Formulate and implement procurement strategies aligned with business objectives and project timelines.
• Drive cost-saving initiatives through strategic sourcing, supplier consolidation, and contract optimization.
• Collaborate with engineering and operations teams to ensure procurement aligns with technical specifications and project needs.
  

Risk & Compliance Management

• Identify and mitigate risks associated with capex procurement, supply chain disruptions, and vendor agreements.
• Ensure adherence to regulatory requirements, company policies, and ethical procurement practices.
• Implement robust contract management processes to safeguard company interests.
  

Team Leadership & Budget Optimization

• Lead, mentor, and manage a high-performing procurement team, fostering a culture of excellence.
• Monitor and optimize procurement budgets, ensuring financial efficiency and cost control.
• Utilize data-driven insights to enhance procurement decision-making and operational efficiency.
  

Qualifications And Skills

• Minimum 20 years of experience in procurement, with a strong focus on capital equipment, industrial machinery, and capex investments.
• Proven expertise in global procurement for large-scale brownfield and greenfield projects.
• Extensive experience in the steel, power, or renewable energy sectors is highly preferred.
• Strong negotiation, analytical, and decision-making abilities for high-value procurement contracts.
• Exceptional leadership skills with the ability to manage and motivate a procurement team effectively.
• Proficiency in procurement management software and tools.
• or bachelors degree in supply chain management, business administration, or a related field (Masters degree preferred)