1) Job Purpose:

Lead the strategic procurement of Engineering capital goods, spares, MRO Items & Contracts from Indigenous sources or through Imports in cost effective manner so as to support smooth operation of Fiber group companies (Nagda, Vilayat, Kharach, Harihar, BJFCL, TRC and IBR). Focusing on cost-effective sourcing, new vendor development, and efficient contract management. Plan and finalize contracts for both domestic and international supplies or services, ensuring alignment with budgetary constraints, quality standards, delivery schedules, and inventory requirements to support seamless plant operations.

• Ensuring procurement align with budgetary goals.
• Coordinating effectively with internal stakeholders, and suppliers to ensure smooth execution.
• Ensuring the timely delivery of align with Project schedule & plant operations.

3) Key Result Areas:

Procurement

• Solicit offers, conduct negotiations, and secure contracts for Engineering capital goods, spares, MRO Items
• Collaborate with unit teams to incorporate technical inputs during commercial discussions with vendors.
• Prepare and submit approval notes, detailing procurement processes and decisions, in compliance with delegation manuals.
• Monitor and expedite purchase orders and deliveries to ensure timely execution.
• Work closely with vendors and unit teams to ensure prompt resolution of issues and timely payments in accordance with contract terms.

Vendor Development

• Identify and onboard new vendors to enhance competition and improve negotiation outcomes.
• Collaborate with internal verticals and external companies with similar requirements to explore & evaluate potential vendor base
• Regularly visiting the vendors to ascertain their capabilities to effectively support our business
• Review and assess the performance of existing vendors, focusing on delivery reliability and commitment.

Cost Control

• Engage with other business units and external entities to stay informed about current price trends.
• Stay updated on market trends to anticipate and respond to cost fluctuations.
• Introduce new vendors to foster competition and optimize procurement costs.

System improvement

• Identify opportunities for process improvement within procurement and logistics operations and collaborate with relevant teams to implement changes
• Collaborate with the Information Technology team to implement systems that digitalize and streamline procurement processes, enabling regular tracking, dashboards, contract reviews, supplier performance assessments, and more.

MIS and Other Reports

• To ensure timely preparation of MIS and other reports.
• Ensure generation and submission of MIS and other reports.
• Review the deviations and recommend for corrective action.

Relationship Type

Frequency

Nature

Internal

1. Unit Purchase Cell
2. Technical Dept.
3. Unit Project Team

Daily
Daily

As required

Execution.

Technical discussion, vendor development, etc.
Requirement understanding, Project Review Meetings, etc.

External

1. Other Group Units
2. Outside Group Companies
3. Suppliers/ Contractors

Fortnightly

Monthly
Daily

Vendor feedback, Market Trends, etc.

Alternate vendors, Market Trends, etc.
Intelligence, negotiations, relationship