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ReNew

Senior Procurement Manager

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Job Description

KEY ACCOUNTABILITIES:

1. Costing & Price Benchmarking (Solar)

Provide component wise (Solar Module and BOM etc. ) costing & updated industry benchmarks to bidding and BD teams to ensure optimal IRRs while bidding

Develop bottom-up cost models for key solar components:

Conduct cost breakdown analysis (BOM) to determine target pricing for procurement.

Benchmark supplier costs across domestic & international markets to optimize sourcing.

Track commodity price fluctuations (steel, aluminium, copper, and logistics) and assess cost impact on above Solar BOM components. As a subject matter expert track commodity price trends based on geopolitical events and suggest sourcing / hedging strategies to be ahead of curve

2. Commercial & Vendor Negotiations

Support price negotiations with solar suppliers using detailed cost models.

Structure long-term supply agreements (LTAs), volume discounts, and risk mitigation strategies.

Work closely with the supply chain & procurement teams to drive cost savings, delivery schedules, & supplier performance.

Evaluate vendor proposals from a commercial & technical perspective.

Prepare and manage Solar Module supply agreements and other key Solar component contracts aligned with best of industry terms and condition.

3. Supply Chain Strategy & Procurement Support

Identify strategic sourcing opportunities for reducing total cost of ownership (TCO).

Analyse import duties, taxes, and logistics costs to optimize procurement strategies.

Collaborate with engineering, procurement, and finance teams for cost-effective vendor selection.

Track government policies (ALMM, BCD, GST, ISTS waivers, PLI scheme) on Solar industry and its impact on our supply chain strategy

Analyse import duties, taxes, and logistics costs to optimize procurement strategies.

Ensure compliance with supply chain risk mitigation, quality & sustainability requirements.

Work closely with the central supply chain & procurement teams, engineering teams to drive cost savings via negotiations, delivery schedules, & supplier performance.

Develop and implement cost-effective procurement strategies to optimize project budgets. Continuously evaluate market trends and pricing to identify cost-saving opportunities. Collaborate with the project team to control procurement expenses and achieve cost targets.

Materials and Inventory Management: Maintain accurate records of inventory levels, ensuring that project sites have the necessary materials and equipment. Oversee the ordering and delivery of materials, coordinating with project schedules to avoid delays.

Core Skills:

  • Experience of 2 GW+ of Sourcing procurement for Solar Module
  • BOM Vendor management & negotiation
  • Supply chain & contract expertise
  • Leadership & team management
  • Knowledge of solar Module BOS procurement
  • Contract Management
  • Sourcing from Domestic Manufacturing and Import Procurement

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About Company

Job ID: 134618141

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