
AM/DM - CAPEX Procurement
1 day ago
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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