Procurement Executive - CAPEX

Job Description

Job Purpose To support senior Project management team to screen, evaluate and identify suppliers and vendors for supply of material/ technology/expertise as required as per the budgetary approvals Prinicipal job accoutabilities Accountabilities Major ActivitiesKey Performance IndicatorsMarket Intelligence Development Analyzing Markets and Supply/ Demand Dynamics Modeling Costs and Prices Distilling Market Insights Develop system to ensure the right cost modelMaintaining pipeline of Capex Material Effective & p roactive liaison with other departments as necessary to forecast, plan to meet purchase and service deadline. Timely delivery of goods and execution of service in a cost effective manner to the utmost satisfaction of internal customers. Timely delivery of the capex merialDeveloping Buying Strategy To develop buying strategies which optimize the potential value of the supply markets and the business, ensuring their integration into the overall budget of the project. Defining procurement Objectives Selecting Options and Performing Risk Analysis Reviewing Consistency and Progress Timely procurement of the capex material % Improvement in cost of ownershipAssist in Buyer Selection Global Vendor Development for existing and new products. Reviewing Existing Supplier Base Defining Standard Selection Criteria Development of new vendorsVendor Managementment Ensure timely issuance of purchase orders and supplies Monitor delivery schedule & constantly follow up to on site delivery Evaluate vendor base in terms of time, cost, quality & delivery Ensure timely release of payments as per agreement/ payment terms Enrich Level of relationship with Vendors/ Vendor Relationship Management.Evaluating Vendor PerformanceCompliance sustainability and integrity Ensure all activities under his/her control and supervision are compliant with all the laws of land and statutory requirement. Conduct all operation of function, ensuring social responsibility & accountabilities by following the company guideline of the same. Be responsible for ethical operation under his control. Be responsible for prevention, detection and reporting of bribery and other forms of corruption including breach of code of conduct and other company regulation. Avoid all such activity that could lead to or imply breach of code of conduct, anti- bribery and anti-corruption etc. Knowledge in Taxation practices. 100 % compliance Skills and academic qualifications Educational Qualifications Minimum Qualification - BE in (Chemical/Mechanical) Preferred Qualification - B. E/ B. Tech (Chemical Preferred) Functional Skills Functional Skills Required - Negotiation Skills Market Intelligence Ability to analyze market/suppliers and generate alternatives High influencing skills and customer orientation High Execution focus Expert in handling project management tools and softwares Stakeh Relevant and total experience Total Number of experience required - 3-6 Years Relevant experience required in - min 4 Years of experience in procurement of Capex material in a Specialty Chemical/ Agrochemicals/ Chemical/ Pharma company. Should be well conversant with SAP and experience in handling fabricated items.