Sr. Manager Procurement
Sr. Manager Procurement
Posted on :
05-06-2025
Employer Active
1 Vacancy
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Job Description
Role Summary:
- The Strategic Procurement Manager will oversee the procurement lifecycle ensuring effective negotiation contract management and stakeholder collaboration to drive optimal value for the business.
- The role requires expertise in category buying service agreement finalization and equipment leasing/renting to support operational and strategic objectives. The role involves 10% of transactions apart from strategy.
Key Responsibilities:
- Category Procurement & Service Agreements:
- Lead the finalization of all category buying and service agreements including equipment hiring.
- Conduct comprehensive evaluations of leasing and renting options for various equipment.
- Economic Viability & Decision Support:
- Evaluate the life cycle cost of products.
- Assess economic feasibility and propose recommendations on hiring versus owning assets to business leadership.
- Develop cost-saving initiatives and optimize operational budgets in alignment with business goals.
- Strategic Negotiation & Planning:
- Conduct robust negotiations to secure favorable terms for the organization.
- Use historical data analysis forecasting and Total Cost of Ownership (TCO) assessments to frame strategic procurement decisions.
- Regulatory & Safety Compliance:
- Ensure all local statutory regulatory and safety compliances are adhered to in procurement processes and incorporated into agreements.
- Contract Management & Risk Mitigation:
- Draft review and manage contracts with secure terms including Liquidated Damages (LD) penalties and bonuses that are crucial for business interests.
- Mitigate risks through clear definition of roles responsibilities and deliverables in contracts.
- Stakeholder Collaboration:
- Build and maintain strong relationships with internal and external stakeholders to facilitate informed decision-making.
- Collaborate with cross-functional teams to align procurement strategies with organizational needs.
- Issue Resolution & Post-Procurement Support:
- Resolve post-Purchase Order (PO) disputes reconciliation and ensure smooth issue resolution withsite operations and contractors.
- Process Improvement & Innovation:
- Drive continuous improvement in procurement processes and implement innovative solutions for better efficiency and cost-effectiveness.
- Leverage digital tools and analytics to streamline procurement functions.
- Vendor Management:
- Identify evaluate and maintain relationships with key suppliers and vendors.
- Ensure vendor compliance with organizational standards and expectations.
- Team Collaboration:
- Collaborate with site buyers and strategy team members to build expertise and enhance overall performance.
- Foster a culture of collaboration accountability and innovation within the team.
- Procurement MIS:
- Track cost savings and cost avoidance.
- Review and tracking of managed spend /BPA/CPAs
- Prepare and submit monthly MIS reports.
- Track delivery performance.
Qualifications :
Key Competencies & Skills:
- Engineering / Industry experience
- Expertise in strategic procurement contract management and negotiation.
- Strong knowledge of equipment leasing renting and financial analysis.
- Proficiency in commercial instruments like bank guarantees and Letters of Credit at the transactional level.
- Experience with imports engaging freight forwarders CHA agents customs clearance and logistics.
- Proficiency in Total Cost of Ownership (TCO) assessments and data-driven decision-making.
- In-depth understanding of safety and statutory compliance regulations.
- Exceptional problem-solving stakeholder management and communication skills.
- Proven ability to manage risks define commercial terms and drive business value.
- Understanding of ERP systems and continuous improvement.
- Advanced analytical mind Excel and PowerPoint skills
Remote Work :
No
Employment Type :
Full-time
Employment Type
Full-time
Key Skills
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