procurement manager in hyderabad

randstad india
position type
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hyderabad, telangana
Oil, Gas, Power & Energy
position type
10 To 12
reference number
randstad india
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job description

procurement manager in hyderabad

?Procurement Plan and Strategy

- Have a clear annual Purchase plan in place with objectives and priorities agreed in the budget period for the projects.
- Provide the Project Team with (supply market) knowledge and sourcing strategies, differentiating the procurement function, ultimately helping to create a competitive edge for the business.
- Become a true business partner for the business by early involvement in sourcing processes
- Creating high performance procurement through innovative sourcing strategy development and optimized supplier selection and management.

Strategic Sourcing

- Supply market analysis with the objective to create a sourcing strategy to develop and maintain the best value at the minimal total cost of ownership
- Supplier assessment and Negotiation preparation, to select suppliers that can deliver the required value while minimizing the total cost of ownership and/or minimizing the risks
- Negotiation and implementation, to negotiate a contract with the qualified suppliers and to plan implementation in order to realize the negotiated value at minimal total cost of ownership.
- Total cost of ownership (TCO), incl. operating working capital (OWC) and risk management
- Agree on best possible prices and conditions for required goods and services so that best value for money is guaranteed.

Contract Management

- To ensure transparency, trace-ability and auditability
- Properly authorized contracts and commitments to be registered in the standard systems by the contract manager

Supplier Management

- Identify and Establish new relationship with suppliers. Manage relationship with suppliers.
- To ensure efficient execution of contracts (supplier commitments & BU commitments)
- Effective vendor and material approval process in place and look for continuous improvement opportunities in supplier performance and TCO.
- Continuously track supplier performance in accordance with supplier evaluation and audit policies. Annually plan audits for selected suppliers and oversee these audits are executed together with the auditing teams.
- Lead supplier development activities; set up cross-functional review meetings with suppliers in order to improve performance and further reduce cost.

Policies, Procedures and Work Instructions

- Assures knowledge on and application of the Sourcing and Procurement policies, procedures and work instructions as applicable in the organization and requirements as far as applicable to the function

?Internationally renowned company. One of the best paymasters in the industry.

Client Introduction
?One of the leading clients of Randstad India


?Procurement, Strategic Sourcing, Contract Management, Capex, Project Procurement


?MBA + Engineering graduate

Experience in procurement at a
Managerial level involving Capex/ Project Purchases