Principal Procurement Specialist

2 days ago

Mumbai, Maharashtra, India beBeeRenewable Full time ₹ 15,00,000 - ₹ 20,00,000
Procurement Lead

The Procurement Lead plays a vital role in the success of our projects, ensuring that we secure the best terms and conditions for our organization.

As the key liaison between suppliers and vendors, the Procurement Lead negotiates contracts to meet project requirements and ensure compliance with company policies.

Developing and maintaining strong relationships with key suppliers is crucial, as it enables us to monitor performance and adhere to service level agreements.

Collaboration with cross-functional teams is essential for forecasting demand, reducing lead times, and optimizing supply chain efficiency.

Conducting market research is also an important aspect of this role, as it helps us identify potential suppliers and assess their competency and supply stability.

Utilizing SAP MM, the Procurement Lead maintains accurate procurement records, monitors stock levels, and aids in budget planning.

A cost reduction strategy expert, the Procurement Lead develops innovative methods to reduce costs while maintaining quality.

Compliance with environmental guidelines and support for sustainability goals are also critical aspects of this role.

Key Responsibilities

  • Lead the Mechanical Procurement Process ensuring compliance with company policies and alignment with project requirements.
  • Negotiate and finalize contracts with suppliers and vendors.
  • Manage key supplier relationships, monitoring performance and adherence to service level agreements.
  • Collaborate closely with cross-functional teams to forecast demand, reduce lead times, and optimize supply chain efficiency.
  • Conduct market research to identify potential suppliers and assess their competency and supply stability.
  • Utilize SAP MM for maintaining accurate procurement records, monitoring stock levels, and aiding in budget planning.
  • Develop cost reduction strategies while maintaining quality.
  • Ensure compliance with environmental guidelines and support sustainability goals.

Qualifications

  • Minimum three years of experience in procurement roles within the renewable energy or related industries.
  • Mechanical Procurement expertise including comprehensive knowledge of sourcing mechanical components and equipment essential for project success.
  • Proficiency in Contract Negotiation.
  • Advanced skills in SAP Materials Management (SAP MM).
  • Effective Vendor Management skills.
  • Familiarity with the Renewable Energy sector.
  • Strong Market Analysis skills.
  • Excellent communication and interpersonal skills.

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