1.Supplier and Contract Management:
- Identify, evaluate, and manage key suppliers, ensuring strong partnerships, quality standards, and on-time delivery for critical engineering projects.
- Oversee the negotiation of contracts, including terms, pricing, service levels, and risk management provisions.
- Establish risk management frameworks for supplier relationships, ensuring contingency planning and supplier risk mitigation.
- Contractual Support: Work closely with legal and procurement teams on contract development, review, and execution to ensure compliance with corporate policies and regulatory standards.
2. Project Collaboration and Stakeholder Engagement:
- Collaborate closely with engineering, project management, finance, and legal teams to ensure procurement activities support project timelines, budgetary constraints, and compliance requirements.
- Serve as a trusted advisor to executive leadership on procurement-related issues, trends, and opportunities for cost reduction and value creation.
3. Cost Control and Financial Performance:
- Drive cost savings and value creation through strategic sourcing, supplier negotiations, and process improvements.
- Oversee the budget for procurement-related expenses, tracking and reporting on performance to executive leadership.
- Utilize analytics and data-driven insights to optimize procurement strategies and report on performance metrics.
4. Sustainability and Compliance:
- Champion sustainable and ethical sourcing practices, ensuring alignment with the company’s environmental, social, and governance (ESG) goals.
- Ensure compliance with all relevant legal, regulatory, and corporate policies across procurement activities.
Competencies :
- Exceptional negotiation skills, with experience managing complex supplier relationships and contracts.
- Strong analytical and financial acumen, with a focus on cost savings and value creation.
- Familiarity with digital procurement tools, usage of AI / ML based models, Experience with procurement platforms (e.g., GEP SMART, SAP Ariba, Coupa) and ERP systems (e.g., SAP, S4HANA etc.).
- Excellent communication, collaboration, and leadership skills, with the ability to influence stakeholders at all levels.
- Deep understanding of engineering and capital project lifecycles.
- Understanding of contract management procedures and legal compliance.
- Knowledge of sustainability practices in procurement and sourcing.
- Experience in implementing change management initiatives and continuous improvement programs.