Procurement Buyer I

Job description

Responsible for strategic sourcing, procurement, contract negotiation, and supplier management for API compressors, pumps, rotating equipment, and CAPEX-related purchases. Ensure cost optimization, timely delivery, quality compliance, and adherence to project schedules while supporting engineering, operations, and project teams. Required Qualifications • Bachelor’s degree in mechanical engineering, Production Engineering, Industrial Engineering, or related discipline. • MBA / PGDM in Supply Chain Management or Operations (preferred). Required Experience • 3-6 years of procurement experience in API compressors, pumps, rotating equipment, EPC, oil & gas, petrochemical, power, or manufacturing industries. • Experience in CAPEX procurement and project purchasing. • Strong exposure to OEMs, engineering equipment, and project procurement. Technical Skills • Knowledge of API standards and rotating equipment procurement. • SAP MM / SAP S4 HANA, Oracle, or ERP systems. • Strategic sourcing and supplier negotiations. • Contract management and commercial evaluation. • Cost analysis and procurement planning. • Vendor development and supplier performance management. Procurement & Sourcing • Handle end-to-end procurement activities for API compressors, pumps, mechanical packages, and CAPEX equipment. • Source materials and equipment from approved global and domestic suppliers. • Floating RFQs, techno-commercial evaluations, bid analysis, and supplier selection. • Negotiate pricing, payment terms, delivery schedules, warranty, and contractual conditions. • Prepare Purchase Orders (POs) and ensure compliance with company procurement policies. Vendor Management • Develop and maintain strategic relationships with OEMs and key suppliers. • Conduct vendor qualification, performance evaluation, and supplier audits. • Monitor supplier delivery performance and implement corrective actions where required. • Identify alternate suppliers to mitigate supply chain risks. CAPEX Procurement • Manage procurement of capital equipment, plant machinery, utilities, fabrication items, and project-related purchases. • Coordinate with engineering and project teams to understand technical requirements. • Ensure procurement activities align with project schedules and budget targets. Technical Procurement • Interpret technical specifications, datasheets, GA drawings, and API standards (API 610, API 617, API 618, API 614, API 672, etc.). • Work closely with engineering teams for technical bid evaluation and vendor clarification. • Ensure compliance with quality standards, safety requirements, and project specifications. Cost Optimization • Execute cost reduction initiatives through strategic sourcing and value engineering. • Analyze market trends, commodity prices, and supplier capabilities. • Develop long-term agreements and framework contracts to achieve cost savings. Contract & Commercial Management • Review and negotiate commercial contracts and procurement agreements. • Manage claims, deviations, liquidated damages, and contractual disputes. • Ensure compliance with procurement governance and audit requirements. Supply Chain Coordination • Track order progress and expedite critical deliveries. • Coordinate with logistics, quality, engineering, and warehouse teams. • Resolve supply chain issues impacting project execution. Honeywell helps organizations solve the world's most complex challenges in automation, the future of aviation and energy transition. As a trusted partner, we provide actionable solutions and innovation through our Aerospace Technologies, Building Automation, Energy and Sustainability Solutions, and Industrial Automation business segments – powered by our Honeywell Forge software – that help make the world smarter, safer and more sustainable.