Procurement Buyer ( Estimation ) Petronash Engineering Services

7.0 - 9.0 years

8 - 16 Lacs

Pallavaram, Chennai, Bengaluru

Work from Office

Role & responsibilities Responsible for estimating and sourcing materials, equipment, and services primarily during the tendering and proposal stage. This includes obtaining budgetary quotations, evaluating supplier offerings, and ensuring alignment with project specifications, timelines, and cost targets to support competitive bidding and project acquisition. Preferred candidate profile Evaluate Material Take-Offs (MTO) and prepare comprehensive Request for Quotations (RFQs) for suppliers based on project requirements. • Obtain and analyze budgetary quotes for all project-specific materials and services required during the proposal/tendering phase. • Liaise with estimation and proposal teams to understand technical specifications, commercial terms, and project scope. • Ensure RFQs are issued to the most suitable vendors within one day of receiving estimation inputs. • Support bid preparation with accurate cost inputs and pricing information for materials, equipment, and subcontracted services. • Compare vendor quotations with project budgets and highlight any cost deviations to the proposal team. • Maintain and regularly update the database of standard pricing and vendor budgetary quotes for recurring materials and services. • Develop and maintain a reliable vendor base for estimation purposes across multiple regions including India, Europe, UAE, China and Saudi Arabia. • Ensure timely follow-up with vendors to avoid delays in the estimation submission timelines. • Ensure compliance with company procurement policies and processes throughout the estimation and sourcing phases. • Promote ethical and transparent dealings with all vendors. Qualification and Experience • Engineering Diploma/Degree in Mechanical, Instrumentation, or related discipline preferred. • 89 years of relevant experience in procurement, with at least 34 years in estimation/tendering within the Oil & Gas or EPC sector. • Strong commercial acumen and understanding of estimation principles. • Familiarity with regional and international supplier markets, especially for budgetary quotations. • Exposure to procurement during both pre-contract and execution stages. Skills & Attributes Excellent coordination skills with cross-functional teams such as proposals, engineering, and project management. • Strong analytical and negotiation skills, with attention to detail in commercial and technical evaluations. • Effective time management and ability to work with tight deadlines. • Strong communication and interpersonal skills for vendor engagement and internal collaboration. • Experience in using ERP systems (SAP preferred) and proficiency in MS Office tools. • Ability to work under pressure in a fast-paced environment with multiple tender deadlines.

Posted 1 month ago

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