
Procurement Director
1 day ago
Job Title: Procurement Director
Description:The successful candidate will lead the procurement function, developing and executing effective sourcing strategies to ensure timely and cost-effective procurement of materials, equipment, and services required for project execution.
- 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.
Key Responsibilities:
- 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.
Skills & Competencies:
- Strong knowledge of project procurement, rate contracting, and e-auctions.
- Familiarity with technical specifications of EPC/APC projects and bought-out items.
- Proficiency in ERP systems (e.g., SAP/Oracle), MS Excel (advanced), Power BI, and PLM platforms.
- Knowledge of commercial terms, INCO terms, BG/LCs, and import/export documentation.
Benefits:
- Opportunity to lead a cross-functional team and manage diverse procurement categories.
- Ability to negotiate high-value/volume sourcing agreements.
- Chance to drive team performance management, KPI tracking, and people development through structured training and mentoring.
- Responsibility for identifying risks in the supply chain and developing mitigation strategies.
Requirements:
- High integrity, ethical conduct, and accountability.
- Strong communication and stakeholder management across engineering, project management, finance, and legal functions.
- Agility, problem-solving mindset, and focus on continuous improvement.
- Conflict resolution and team collaboration under pressure situations.
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