Procurement Strategist for Engineering Projects

6 days ago

Pune, Maharashtra, India Imagicaaworld Entertainment Full time

Job Overview

We are seeking a seasoned Purchase Manager to lead procurement activities for engineering projects at Imagicaaworld Entertainment. This role demands a strategic thinker with extensive experience in project purchasing, a strong understanding of the procure-to-pay cycle, and expertise in managing CAPEX and service contracts.

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 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 the company.
  • 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.

Qualifications:

  • Bachelor's degree in Engineering (Mechanical, Chemical, or Electrical).
  • 7-10 years of experience in project procurement, preferably in large-scale engineering or industrial projects.
  • 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.

Salary Estimate: ₹1,200,000 - ₹1,800,000 per annum, depending on qualifications and experience.

Location: Pune

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