Assistant Manager - Procurement

Job Title

Job Description

Key Responsibilities • Manage the complete procurement cycle, including RFQ preparation, bid evaluation, negotiations, purchase order issuance, and delivery tracking. • Source and develop qualified vendors and service providers for operational, technical, and project-related requirements. • Obtain competitive quotations and conduct techno-commercial evaluations to achieve cost-effective procurement. • Negotiate prices, payment terms, delivery schedules, warranties, and service level agreements with vendors. • Ensure compliance with company procurement policies, approval matrices, and audit requirements. • Coordinate with operations, technical, finance, and project teams to understand procurement requirements and timelines. • Monitor vendor performance and maintain an approved vendor database. • Track procurement budgets and identify opportunities for cost savings and value engineering. • Review contracts, agreements, and work orders in coordination with relevant stakeholders. • Maintain procurement documentation, including RFQs, comparative statements, purchase orders, contracts, invoices, and vendor records. • Ensure timely closure of procurement activities and resolution of supply-related issues. • Support annual budgeting, CAPEX procurement, and inventory planning activities. • Prepare procurement MIS reports, spend analysis, and management presentations. • Facilitate internal and external audits by maintaining proper records and compliance documentation. • Drive continuous improvement initiatives in procurement processes and vendor management practices.