1. Procurement Strategy:
- Develop and implement key procurement strategies specific to capital expenditure needs in alignment with company goals.
- Floating RFQs to approved vendors/contractors for getting offers to get evaluated & preparation of comparative statements with all major terms & guaranteed PGs.
- Preparation of NFAs for approval & POs in SAP system with onboarding of vendor.
- Close coordination with all key stakeholders (Internal & External) for timely resolution of disputes / requirements inline to Project.
- Work with senior management to define Capex priorities within allocated budget & TAT.
- Provide support/guidance on sourcing decisions to maximize value for the organization while maintaining quality and compliances.
2. Supplier Sourcing and Management:
- Identify, evaluate, and select suppliers for Capex-related goods and services.
- Negotiate contracts with suppliers to ensure favorable terms, delivery schedules, and cost control.
- Manage supplier relationships and performance, ensuring suppliers meet quality, delivery,
and cost expectations.
- Conduct supplier audits and risk assessments as needed.
3. Contract Management:
- Drafting, review, and negotiation of contracts for Capex procurement, ensuring that all terms are in line with organizational goals and legal requirements.
- Monitor contract compliance throughout the project lifecycle.
4. Project Collaboration and Stakeholder Management:
- Work closely with internal teams (e.g., project managers, finance, engineering, and Site) to understand Capex requirements and timelines.
- Collaborate with cross-functional teams to ensure the timely procurement of materials and services required for Capex projects.
- Provide procurement expertise and support to project managers for productive project execution.
5. Budget and Cost Management:
- Preparation of estimates & market benchmarkings to ensuring procurement activities align with approved budgets.
- Monitor and contr