Procurement Manager

Procurement Manager

Key Responsibilities:

• Develop and implement a strategic procurement plan aligned with business goals.
• Identify, evaluate, and qualify suppliers to ensure a reliable, competitive, and scalable supply chain.
• Conduct regular market analysis to monitor industry trends, pricing structures, and emerging vendors.
• Build and maintain strong relationships with key suppliers to ensure consistent quality and supply.
• Negotiate contracts and SLAs with favorable commercial terms and delivery timelines.
• Monitor supplier performance and address non-compliance or quality issues proactively.
• Analyze supplier cost structures and identify opportunities for savings and efficiency.
• Lead cost-reduction initiatives while ensuring quality and supply chain resilience.
• Conduct cost-benefit analyses and implement initiatives to improve ROI.
• Streamline procurement processes by adopting best practices and digital tools.
• Improve internal procurement workflows and interface with ERP/procurement systems.
• Collaborate with cross-functional teams to align procurement with broader business objectives.
• Ensure procurement activities comply with legal, regulatory, and internal standards.
• Identify and mitigate risks related to suppliers, contracts, and supply chain disruptions.
• Stay updated on regulatory changes and adapt procurement strategies accordingly.
• Work closely with engineering, production, and project teams to forecast and fulfill procurement needs.
• Maintain open communication with internal and external stakeholders to ensure alignment.

Desired Candidate Profile:

• Bachelor's Degree in Engineering (Mechanical preferred).
• 10-15 years of proven procurement experience, preferably in the Oil & Gas or heavy industries.
• Expertise in supplier negotiations, cost control, and strategic sourcing.
• Proficient in ERP and procurement software (e.g., SAP, Oracle, etc.).
• High level of integrity and professionalism.

Skills:

• Strong command over English
• Strong negotiation and supplier management skills.
• Ability to analyze technical documents like BOMs and engineering drawings.
• Proficiency in MS Office and procurement tools.
• Knowledge of international codes and standards in the oil and gas industry.
• Mindset: A problem-solver with a keen eye for detail and a passion for delivering results.

JOB LOCATION

Chennai, India.

Work Timings: Monday - Friday ( 09:00 AM to 06:00 PM )

JOB TYPE

Full Time- Permanent