Assistant Manager - Procurement

Job Title

Job Description Summary

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.