Assistant Manager - Procurement

Position Overview:

We are seeking a highly motivated and experienced Assistant Manager - Procurement to

oversee the procurement activities for an upcoming state-of-the-art power plant project. The role

demands technical expertise in mechanical engineering, procurement skills, and experience in

managing supply chains for large-scale infrastructure projects.

Key Responsibilities:

1. Procurement Planning:

• Develop and implement procurement strategies aligned with project timelines and budgets.
• Create detailed procurement schedules to ensure timely availability of materials and equipment.

2. Vendor Management:

• Identify, evaluate, and onboard vendors and suppliers for machinery, raw materials, and construction equipment.
• Build and maintain strong relationships with suppliers to ensure competitive pricing and reliable delivery.
• Conduct vendor performance evaluations and negotiations to improve service quality.

3. Tendering & Contracts:

• Prepare and issue Request for Quotations (RFQs), Request for Proposals (RFPs), and purchase orders.
• Analyze bids and proposals to select the most suitable vendors based on quality, cost, and delivery timelines.
• Assist in drafting and managing procurement contracts, ensuring compliance with legal and project standards.

4. Cost Optimization & Budgeting:

• Monitor procurement costs and implement strategies for cost-saving initiatives without compromising quality.
• Track budget utilization and prepare detailed reports for project stakeholders.

5. Inventory Management:

• Coordinate with project teams to ensure optimal inventory levels for uninterrupted project execution.
• Monitor stock levels and oversee inventory control procedures to minimize wastage.

6. Compliance & Documentation:

• Ensure compliance with organizational procurement policies and statutory regulations.
• Maintain accurate records of procurement activities, including purchase orders, contracts, and payment terms.

7. Stakeholder Coordination:

• Work closely with the engineering, project management, and logistics teams to ensure alignment of procurement activities with project requirements.
• Resolve procurement-related issues swiftly to avoid project delays.

8. Risk Management:

• Identify and mitigate risks associated with procurement activities, including supplier reliability and market fluctuations.
• Monitor global and local market trends to anticipate price changes and supply chain disruptions.

Required Skills & Competencies:

• Technical Knowledge:

Strong understanding of mechanical equipment and systems used in power plant construction.

• Procurement Expertise:

Experience in strategic sourcing, vendor negotiations, and contract management.

• Analytical Skills:

Ability to analyze market trends, vendor proposals, and cost structures to make informed decisions.

• Communication & Negotiation:

Excellent verbal and written communication skills with proven negotiation abilities.

• Project Management:

Ability to handle multiple procurement activities while adhering to strict deadlines.

• Attention to Detail:

Meticulous approach to evaluating technical specifications and contract terms.

Qualifications & Experience:

• BE in Mechanical Engineering / MBA
• Minimum of 5-7 years of experience in procurement for large-scale projects, preferably in the power or energy sector.
• Familiarity with procurement software and tools.
• Knowledge of local and international supply chains, taxation, and import/export procedures is an advantage.