Engineering Procurement Specialist
1 week ago
Imagicaaworld Entertainment is a leading entertainment company that offers a unique blend of thrill and excitement to its visitors. As an engineering procurement specialist, you will play a crucial role in managing the procurement activities for our engineering projects.
Job SummaryWe are seeking a highly skilled Purchase Manager with extensive experience in project purchasing, vendor management, and procurement software tools. The successful candidate will be responsible for overseeing the entire procurement process, ensuring efficient sourcing, timely delivery, and cost-effective purchases for engineering requirements.
Key Responsibilities- Procurement and Vendor Management:
- Oversee the entire procurement process for engineering projects, from vendor selection to contract negotiation and delivery.
- Build and maintain strong relationships with suppliers, ensuring high standards of quality, reliability, and cost efficiency.
- P2P Cycle Management:
- Manage the full procure-to-pay (P2P) cycle, ensuring compliance with internal policies and procedures.
- Coordinate with internal teams to track purchasing requirements, approve requisitions, and oversee order processing for timely delivery.
- CAPEX and Service Contract Management:
- Administer CAPEX procurement and handle service contracts, ensuring all equipment, machinery, and services meet project specifications and budgetary constraints.
- Develop and negotiate service contracts for engineering maintenance and support, securing favorable terms for Imagicaaworld Entertainment.
- Cost Control and Budgeting:
- Implement cost-saving initiatives and strategies to optimize procurement costs without compromising on quality.
- Monitor and manage project budgets, analyze spending trends, and ensure adherence to financial targets.
- Compliance and Documentation:
- Ensure procurement activities comply with relevant policies, legal requirements, and industry standards.
- Maintain accurate records of procurement processes, contracts, supplier evaluations, and financial transactions.
- Stakeholder Communication and Reporting:
- Collaborate with internal teams to understand project needs, provide regular updates, and address procurement-related inquiries.
- Prepare and present procurement reports, updates on project purchases, and any potential risks or delays to senior management.
- Education: Bachelor's degree in Engineering (Mechanical, Chemical, or Electrical).
- Experience: 7-10 years of experience in project procurement, preferably in large-scale engineering or industrial projects.
- Skills: Strong understanding of the P2P cycle, CAPEX procurement, and service contract management. Excellent communication skills (verbal and non-verbal) for effective interaction with stakeholders and vendors. Proficiency in negotiation, vendor management, and procurement software/tools.
The estimated salary for this position is ₹1,200,000 per annum, depending on experience. Imagicaaworld Entertainment offers a comprehensive benefits package, including health insurance, retirement savings plan, and opportunities for career growth and development.
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