Analyst Indirect Procurement
2 days ago
Job Description: Analyst – Procurement (Capex)
Position Details
- Job Title: Analyst – Procurement (Capex)
- Experience: 3–5 Years
Qualification:
Bachelor of Engineering (B.E.) , preferably in Mechanical Engineering.
Material management qualifications are an added advantage.
Function: Indirect-Capex Procurement
- Location: Pune
Key Responsibilities
- Capex Procurement Management:
- Execute procurement activities for plant machinery, fabrication, contract management, civil work, insulation, and bought outs required for Capex projects in a multi-plant environment.
- Ensure alignment with organizational goals, focusing on cost savings, timely delivery, and quality standards.
- Apply the Total Cost of Ownership (TCO) concept to evaluate lifecycle costs and drive value in procurement decisions.
- Stakeholder Management:
- Work closely with Category Lead to deliver on KPIs.
- Collaborate effectively with internal stakeholders, including plant operations, engineering, construction, finance, and project management teams, to understand and meet project-specific requirements.
- Maintain strong relationships across multiple plants and departments to ensure smooth execution of procurement activities in a dynamic, multi-plant environment.
- Negotiation Excellence:
- Lead high-value negotiations with suppliers and contractors to secure favorable terms, pricing, and service levels.
- Leverage market intelligence and cost analysis to meet savings targets and drive procurement efficiencies.
- Vendor Development & Management:
- Identify, develop, and onboard reliable vendors for Capex procurement categories, including plant machinery, fabrication, civil works, and insulation.
- Evaluate supplier performance and ensure compliance with quality, cost, and delivery standards.
- Foster long-term partnerships with local and alternative vendors to ensure a diverse and competitive supplier base.
- Sourcing Project Management & Reverse Auctions:
- Manage sourcing projects using advanced procurement platforms.
- Knowledge of e-sourcing tools like Ivalua or SAP Ariba is an added advantage.
- Conduct reverse auctions and implement innovative sourcing strategies to achieve cost optimization and procurement transparency.
- Compliance & Documentation:
- Ensure all procurement activities comply with legal, statutory, and internal governance policies.
- Maintain accurate documentation and records to support audits, internal reviews, and procurement transparency.
- Order Management & Delivery:
- Finalize offers, release purchase orders, and manage end-to-end procurement processes to ensure timely delivery of Capex items.
- Monitor delivery schedules and resolve any supply chain issues to meet project deadlines.
- Communication & Reporting:
- Exhibit excellent communication skills to manage stakeholders effectively, resolve conflicts, and articulate procurement strategies to senior management.
- Prepare and present procurement reports, including cost-saving achievements, vendor performance, and project progress, to relevant stakeholders.
- Knowledge & Data Management:
- Build and maintain a data repository of market intelligence, supplier capabilities, and emerging trends in Capex procurement.
- Use data-driven insights to refine procurement strategies and optimize supplier performance.
Technical Skills Requirements
Mandatory:
Proficiency in SAP for procurement and inventory management.
Strong understanding of the Total Cost of Ownership (TCO) concept.
Preferred (Added Advantage):
Knowledge of e-sourcing platforms like Ivalua or SAP Ariba.
- Experience in managing sourcing projects and conducting reverse auctions.
- Proven expertise in handling Capex procurement for plant machinery, fabrication, civil works, and bought-outs.
Key Competencies
- Negotiation Skills: Ability to lead high-value negotiations to achieve savings targets and secure advantageous terms.
- Stakeholder Management: Strong collaboration skills to manage diverse stakeholders across multiple plants and departments.
- Communication Skills: Excellent verbal and written communication to engage with suppliers, stakeholders, and leadership effectively.
- Analytical Thinking: Expertise in cost estimation, market analysis, and supplier evaluation to drive strategic procurement decisions.
- Multi-Plant Coordination: Ability to manage procurement activities across a multi-plant environment while meeting project-specific timelines and requirements.
- Sourcing & E-Procurement: Familiarity with e-sourcing tools like Ivalua or SAP Ariba for sourcing projects and reverse auctions is an added advantage.
- Compliance & Governance: In-depth understanding of procurement best practices, compliance requirements, and audit processes.
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