Indirect Purchase

Job description

Job description:  Indirect Purchase Location: Yelahanka, Bangalore About The Gig The Indirect Purchase is responsible for end-to-end procurement of CAPEX items, including machinery, manufacturing equipment, tools, dies, testing equipment, automation systems, facility/utility equipment, and major engineering services. The role drives strategic sourcing, vendor development, technical-commercial evaluations, contract finalization, and ensures timely installation/commissioning of capital assets within budget.   What youll do 1. CAPEX Planning & Sourcing • Manage the full lifecycle of CAPEX procurement: requirement gathering, RFQ, negotiation, vendor selection, PO release, delivery, and installation support. • Prepare cost estimates and support annual CAPEX budgeting. • Conduct technical-commercial comparisons in coordination with engineering, projects, and operations teams. • Identify and evaluate global and domestic equipment suppliers and technology partners. 2. Vendor Management & Development • Develop and maintain a strong supplier base for machinery, tooling, and engineering services. • Conduct vendor capability assessments, factory audits, and technical evaluations. • Maintain strategic relationships to support long-term partnerships and service continuity. 3. Negotiation & Contract Management • Lead negotiations on pricing, warranty, payment terms, delivery schedules, and after-sales service. • Finalize and manage contracts, including AMC, SLA, warranty agreements, and long-term service contracts. • Ensure risk mitigation through clear contractual clauses and legal compliance. 4. Project Coordination (Installation & Commissioning) • Collaborate with project, plant engineering, safety, and operations teams for equipment installation and commissioning. • Track project timelines, expedite deliveries, and resolve issues with vendors. • Ensure documentation for calibration, quality checks, performance tests, and safety certifications. 5. Cost Optimization & Compliance • Drive cost reduction initiatives through benchmarking, multi-vendor sourcing, and technology alternatives. • Ensure compliance with procurement policies, approval matrix, audit requirements, and CAPEX governance. • Maintain accurate records for capital asset procurement and support finance in capitalization. 6. Team Leadership (Optional based on seniority) • Lead a small team handling capital procurement. • Train team members in technical evaluation, negotiation, and vendor management. What You Bring • Bachelors Degree in Mechanical/Electrical/Industrial Engineering (preferred). • MBA in Operations/Supply Chain is an added advantage. • 8–15 years of experience in CAPEX procurement in manufacturing/automotive/EV/heavy engineering environments. • Strong experience in machinery, tooling, automation, and plant equipment procurement. • Cost savings vs. CAPEX budget. • On-time equipment delivery & installation. • Vendor performance & service uptime. • Compliance to procurement and audit requirements. • Project closure documentation & asset capitalization accuracy.