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 (India)
🏢 ARS Hydrojet Services
📍 India