AM/DM - CAPEX Procurement

1 day ago


Chennai, Tamil Nadu, India Golden Opportunities Pvt Ltd Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Position Summary

  • We are seeking a seasoned Procurement Professional with strong expertise in CAPEX procurement for Oil & Gas, Petrochemical, and Chemical industries.
  • This role requires 7+ years of experience in high-value procurement, deep knowledge of SAP MM, and strong commercial acumen.
  • The candidate will be responsible for end-to-end procurement, global sourcing, vendor development, and cost optimization while ensuring compliance with international standards, commercial terms, and supply chain risk management.

Key Responsibilities

  • Requisition & Specification Review
  • Validate Material Purchase Requisitions (MPR) for completeness, technical accuracy, and compliance with QA/QC standards.
  • Ensure alignment with applicable international codes and industry standards.
  • RFQ & Tendering
  • Prepare and issue RFQs to approved and potential global vendors.
  • Resolve vendor technical and commercial queries in collaboration with engineering and quality teams.
  • Ensure all tender documents clearly define Incoterms, transit insurance, payment milestones, LD/penalties, warranties, and other commercial terms.
  • Lead negotiations on price, delivery schedules, and risk-sharing mechanisms to optimize cost and minimize exposure.
  • Evaluation & Purchase Orders
  • Conduct techno-commercial bid evaluations, applying should-cost analysis and market benchmarks.
  • Prepare Comparison Statements (CS) with full commercial risk assessment.
  • Create and release Purchase Orders (PO) in SAP MM and manage amendments through the project lifecycle.
  • Expediting & Quality Assurance
  • Monitor order execution, vendor progress, inspection milestones, and logistics readiness.
  • Ensure Third-Party Inspection (TPI) and quality assurance requirements are in place before dispatch.
  • Oversee transport, transit insurance coverage, and delivery risk management until site handover.


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