Core Purpose

Lead Procurement deliver best-in-class procurement performance — on cost, quality, and delivery while building the vendor base and team capability for 3x revenue growth.

Key Responsibilities

A. Strategic Procurement Leadership

- Own the complete procurement lifecycle: PR → RFQ → Negotiation → PO → GRN → Payment
- Develop and execute a category-wise sourcing strategy aligned to company growth plans
- Drive minimum 5% cost savings annually through strategic negotiation and vendor development
- Build and maintain an Approved Vendor List (AVL) across 5 categories — domestic and import
- Establish Annual Rate Contracts (ARCs) with key vendors for price stability

B. Engineering Procurement
- Lead procurement of custom fabricated components, machined parts, instrumentation, and capital equipment
- Partner with Engineering team to review technical specifications before RFQ — prevent re-work
- Manage drawing-controlled purchases with NDA vendors — full confidentiality protocols
- Ensure pre-dispatch inspection for all Cat A (critical) engineering items
- Deliver end-to-end engineering procurement cycles within 10 working days

C. Import Procurement & Vendor Management




- Manage import procurement under both LC (Letter of Credit) and Advance Payment models
- Coordinate with CHA, freight forwarders, and bank for smooth import clearance
- Source and qualify current overseas vendors via Indiamart and industry networks
- Manage all import documentation: Commercial Invoice, Packing List, BL/AWB, COO, Test Certs
- Monitor forex exposure and coordinate with Finance on timing of international payments

D. Team Leadership & Process Governance
- Conduct daily procurement huddles, weekly reviews, and monthly performance sessions
- Enforce 100% SOP compliance — zero unapproved deviations
- Manage all CAPA for mis-procurement incidents with root cause analysis
- Present monthly and quarterly procurement performance to CEO

E. Cost Intelligence & Reporting
- Build and maintain a Should-Cost model for top 20 items by spend value
- Track and report cost savings vs. first-quoted price — monthly to CEO
- Prepare monthly KPI dashboard, vendor scorecards, and budget vs. actual reports
- Identify procurement risks and maintain a live risk register

Pay: ₹25,000.00 - ₹35,000.00 per month

Work Location: In person

📌 Procurement Engineer (Chennai)
🏢 ARS Hydrojet Services
📍 Chennai