Senior Engineer Assistant Manager Procurement

Job description

Power & Water Solutions Business is seeking an experienced and strategic procurement professional to join our team in Mumbai. This role will be responsible for managing sourcing and procurement activities for direct materials, project procurement, and supplier management within the business unit. The successful candidate will drive strategic sourcing initiatives, commercial negotiations, vendor development, cost optimization, and ensure timely procurement while maintaining compliance with company policies, quality standards, and business objectives. Role & responsibilities • Handle procurement activities for direct materials and project requirements for the Power and Water Solutions Business, ensuring timely availability of materials and services. • Drive commercial negotiations with suppliers and subcontractors covering pricing, quality, delivery schedules, payment terms, and contractual agreements. • Identify and implement cost optimization initiatives through strategic sourcing, supplier development, rate contracts, and alternate vendor identification. • Collaborate cross-functionally with Engineering, Projects, Planning, Finance, and Global Procurement teams to support business objectives and successful project execution. • Prepare techno-commercial comparison statements, obtain approvals in line with procurement policies, and ensure timely release and documentation of purchase orders in SharePoint. • Coordinate with Finance and Accounts teams for preparation and execution of commercial import documents such as LC, ABG, PBG, and related contractual documentation. • Manage vendor onboarding, vendor master data, supplier performance, issue resolution, and coordination of timely vendor payments. • Develop and maintain strong supplier relationships to ensure continuous supply of quality materials at competitive pricing and within required timelines. • Monitor procurement spend and generate MIS reports, including spend analysis, cost savings, and cost avoidance reports for management review. • Ensure compliance with company procurement policies, commercial procedures, and audit requirements. Preferred candidate profile • B.Tech with 8+ years of experience in procurement and strategic sourcing, preferably within the Automation, Industrial, EPC, or Manufacturing industry. Experience in project procurement will be an added advantage • Strong communication, negotiation, analytical, and problem-solving skills are essential. • Proficiency in ERP systems and procurement tools is preferred.