Vice President Procurement

20 years

0 Lacs

Posted:1 month ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Job Summary:

Vice President - Procurement

deep expertise in global procurement for brownfield and greenfield projects

Key Responsibilities:

Capital 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

    .
  • B.E. or bachelor’s degree in supply chain management

    , business administration, or a related field (

    Master’s degree preferred

    ).

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Karamtara Engineering logo
Karamtara Engineering

Construction Equipment Manufacturing

Mumbai

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