
Senior Sourcing Strategist
2 weeks ago
The Lead Procurement Professional will play a pivotal role in spearheading the procurement function for our Air Pollution Control business. Your primary objective will be to develop and execute effective sourcing strategies that ensure cost-effective and timely procurement of materials, equipment, and services required for project execution.
Key Responsibilities:- Develop and implement procurement strategies aligned with business objectives and project timelines.
- Drive bulk buying and project-based procurement for long lead items and engineered bought-outs.
- Establish rate contracts, manage e-auctioning platforms, and oversee price benchmarking for strategic categories.
- Analyze spend data and identify cost optimization opportunities using Power BI, ERP, and MS Excel.
- Oversee day-to-day procurement of project materials including Fabrication & Critical bought-out items.
- Ensure timely delivery of materials to meet project schedules across multiple sites and units.
- Manage bank guarantees, letters of credit (LCs), and ensure compliance with financial risk mitigation tools.
- Build and maintain strong relationships with suppliers and key stakeholders.
- Develop a reliable vendor base; evaluate and onboard new vendors with technical and commercial screening.
- Negotiate contracts with suppliers and contractors; ensure contract closure, vendor evaluation, and continuous performance monitoring.
- Resolve vendor claims, legal disputes, and initiate legal actions when necessary in coordination with legal and finance teams.
- Lead adoption and improvement of procurement processes on ERP, PLM, DPT and data analytics through Power BI dashboards.
- Ensure procurement records, approvals, and documentation are accurate and audit-ready.
Requirements:
- B.E./B.Tech in Mechanical/Electrical/Production with MBA (preferred).
- 15–20 years in project procurement with at least 5–7 years in a leadership role, preferably in EPC, environmental solutions, or industrial equipment sector.
- Exposure to Air Pollution Control, waste heat recovery, or thermal projects is highly desirable.
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