
Assistant General Manager- Capex Proccurement
15 hours ago
Role & responsibilities -The Assistant General Manager CAPEX Procurement will be responsible for leading and managing the procurement of capital equipment, machinery, and large-scale infrastructure or technology investments. The role includes strategic sourcing, vendor management, contract negotiations, cost control, and ensuring timely delivery aligned with project timelines.
Key Responsibilities:
1. Strategic Sourcing & Planning:
- Develop and implement CAPEX procurement strategies aligned with company goals.
- Collaborate with project, engineering, and finance teams to understand CAPEX needs and budget constraints.
- Analyze market trends and supplier landscapes for major equipment and services.
2. Procurement Management:
- Lead the end-to-end procurement process for capital goods, including tendering, evaluation, negotiation, and contract finalization.
- Ensure timely procurement to meet project schedules and avoid cost overruns.
- Maintain a robust and compliant procurement process aligned with internal controls and audit requirements.
3. Vendor & Contract Management:
- Identify, evaluate, and onboard reliable suppliers and OEMs.
- Negotiate long-term contracts with vendors ensuring quality, cost-effectiveness, and service levels.
- Monitor vendor performance, delivery schedules, and contract compliance.
4. Cost & Risk Management:
- Drive cost-saving initiatives through value engineering, alternate sourcing, and total cost of ownership analysis.
- Identify procurement-related risks and develop mitigation strategies.
- Ensure procurement activities adhere to budgets, with regular reporting to management.
5. Team & Stakeholder Management:
- Lead and mentor the CAPEX procurement team.
- Coordinate with internal stakeholders (Engineering, Projects, Legal, Finance, etc.) for approvals and smooth execution.
- Present procurement updates and performance reports to senior leadership.
Key Requirements:
Education:
- Bachelors Degree in Engineering / Supply Chain / Business Management.
- MBA or PG Diploma in Supply Chain / Materials Management (preferred).
Experience:
- 10–15 years of experience in procurement with a strong focus on capital equipment and project procurement.
- Minimum 3–5 years in a leadership or managerial role.
- Experience in handling large projects or greenfield / brownfield expansions is a plus.
Skills:
- Strong negotiation and vendor management skills.
- Excellent knowledge of procurement processes, tendering norms, and contract management.
- Familiarity with SAP / ERP systems for procurement.
- Strong analytical and communication skills.
- Ability to manage multiple projects and priorities.
Preferred Industries:
- Manufacturing
- Infrastructure
- Energy / Power / Renewables
- Pharmaceuticals / FMCG / Cement / Steel
Compensation:
As per industry standards and experience.
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