capex procurement

Job Title: CAPEX Procurement Manager

CTC 9-10 LPA

Location:
Doddaballapur, Bengaluru, Karnataka
Department: Procurement

Reports To: Head of Procurement / Procurement Director

Employment Type: Full-time

Position Overview:

We are seeking an experienced CAPEX Procurement Manager to manage the procurement process for capital expenditures (CAPEX) within our organization. The ideal candidate will have a solid background in managing high-value procurement activities for capital projects, working with various stakeholders, and ensuring compliance with company policies, budgets, and timelines. As the CAPEX Procurement Manager, you will play a critical role in sourcing, negotiating, and managing suppliers and contracts for all capital expenditure projects.

Key Responsibilities:

Develop and implement a robust CAPEX procurement strategy that aligns with organizational goals and business needs.

Collaborate with project teams and senior management to understand CAPEX project requirements and define procurement objectives.

Identify, evaluate, and select suppliers for capital expenditure projects, ensuring optimal cost, quality, and delivery.

Lead supplier negotiations, manage contracts, and ensure the procurement process is transparent, competitive, and cost-effective.

Establish and maintain long-term relationships with key suppliers and service providers.

Ensure CAPEX procurement activities are aligned with budget constraints and help identify cost-saving opportunities while maintaining project timelines.

Monitor procurement costs, track expenses, and identify potential cost overruns, ensuring corrective actions are taken.

Review and approve purchase orders, contracts, and invoices in accordance with established budgets and timelines.

Ensure compliance with all internal procurement policies, company standards, and external regulatory requirements.

Identify and mitigate procurement risks, including those related to suppliers, contracts, and market conditions.

Ensure that all CAPEX procurement activities adhere to corporate governance standards.

Collaborate with internal stakeholders, such as engineering, finance, operations, and legal teams, to ensure alignment on CAPEX project specifications and timelines.

Provide regular updates to senior management regarding procurement progress, challenges, and opportunities.

Lead the negotiation of contracts, service-level agreements (SLAs), and terms and conditions for CAPEX-related purchases.

Ensure that contracts meet the organization's standards and provide value for money, minimizing risks.

Conduct market research and monitor industry trends to identify new suppliers, materials, technologies, and best practices that could benefit the organization.

Stay updated on developments within the procurement and capital expenditure sectors to drive continuous improvement in sourcing strategies.

Required Skills & Qualifications:

Education:

Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field. A Master's degree or professional certifications is preferred.

Experience:

6 to 8 years of experience in procurement, with a focus on capital expenditure (CAPEX), ideally in [Industry Sector, e.g., Manufacturing, Construction, Energy].

Proven track record of managing the procurement of Medium to high-value capital projects.

Experience in contract negotiation and supplier management for medium to large-scale CAPEX projects.

Technical Skills:

Strong knowledge of procurement processes, supplier management, and contract law.

Proficient in procurement software and tools (e.g., Tally, SAP, or other relevant platforms).

Advanced Excel skills for data analysis, budgeting, and reporting.

Soft Skills:

Strong negotiation skills with the ability to influence stakeholders and achieve favourable terms.

Excellent communication and interpersonal skills, with the ability to collaborate with cross-functional teams.

Strong analytical and problem-solving skills, with attention to detail and accuracy.

Additional Competencies:

Ability to manage multiple projects simultaneously and prioritize tasks effectively.

Strong leadership and people management skills, with experience in mentoring and developing team members.

Familiarity with the latest trends in supply chain management, risk management, and sustainability practices in procurement.

Working Conditions:

Full-time role based in Doddaballapur, Bengaluru, Karnataka.

Occasional travel may be required for supplier visits, project inspections, and negotiations.

Flexibility in working hours may be required to meet project timelines and objectives.

Why Join Us:

Competitive salary and benefits package.

Opportunity to work on Medium to large-scale, high-impact capital projects.

Collaborative and dynamic work environment with a focus on professional development.