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Procurement Specialist

  • Posted 9 hours ago
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Job Description

About the Role

The role involves managing procurement activities and ensuring the timely availability of materials required for operations.

Responsibilities

  • Manage procurement of mechanical and electrical components, consumables, capital equipment (CAPEX), and various services.
  • Handle domestic and international sourcing activities to ensure uninterrupted supply and competitive procurement costs.
  • Float RFQs/RFPs, evaluate supplier quotations, and conduct commercial negotiations on pricing, lead time, payment terms, and BAFO (Best and Final Offer).
  • Collaborate with engineering teams, internal customers, and suppliers to obtain technical and commercial clarity.
  • Create and manage purchase orders, monitor order status, and ensure timely material deliveries.
  • Coordinate with Stores and Finance teams to ensure accurate and timely Goods Receipt Notes (GRNs) and invoice processing.
  • Work closely with Quality, Logistics, EXIM, Finance, Engineering, and Stores teams to meet business objectives.
  • Monitor supplier performance and procurement KPIs related to cost, quality, delivery, and service levels.
  • Drive digitization initiatives, procurement automation, and data-driven decision-making processes.
  • Manage the complete Procure-to-Pay (P2P) cycle with a sound understanding of cash flow management, working capital, and P&L impact.
  • Ensure compliance with procurement policies, SOPs, and applicable regulatory requirements.
  • Identify cost-saving opportunities and implement strategic sourcing initiatives.

Qualifications

  • B.E. / B.Tech in Mechanical, Electrical, Industrial, or related Engineering discipline.

Required Skills

  • Minimum 5+ years of experience in Direct Procurement.
  • Experience in Aerospace, Defence, Aviation, Automotive, Heavy Engineering, or Manufacturing industries will be preferred.
  • Proven experience handling high-volume procurement transactions and supplier management.
  • Strong working knowledge of SAP MM (SAP S/4 HANA preferred).
  • Expertise in Procurement, Strategic Sourcing, and Vendor Management.
  • Experience managing domestic and international suppliers.
  • Understanding of import/export processes and commercial procurement practices.
  • Knowledge of procurement analytics, reporting, and process digitization.

Preferred Skills

  • Aerospace or Defence procurement experience.
  • Exposure to global sourcing and supplier development.
  • Cost optimization and value engineering experience.
  • Knowledge of commercial aspects including cash flow, working capital, and profitability impact.

More Info

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Job ID: 152472747

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Vadodara, India

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it sourcing It Procurementsupplier negotiationsData Analysiscontract managementvendor managementvendor governancesourcing documentationRFx processesReporting

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