Capex Procurment Professional
20 Microns · Jamnagar · onsite · Posted 1d ago
Undisclosed15–20 yrsfulltimeSourced from
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About this role
Job Summary
The CAPEX Procurement role is responsible for managing the procurement of capital goods, equipment, and large-scale projects. This includes vendor identification, contract negotiation, cost optimization, and ensuring timely delivery aligned with project requirements and organizational goals.
Key Responsibilities
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- Manage end-to-end procurement of capital expenditure (CAPEX) items such as machinery, equipment, and infrastructure.
- Collaborate with engineering, project, and finance teams to understand technical and commercial requirements.
- Develop and execute procurement strategies for large-scale projects.
- Identify, evaluate, and onboard reliable vendors and suppliers.
- Lead RFQ/RFP processes, bid evaluations, and techno-commercial negotiations.
- Ensure cost efficiency, quality standards, and timely delivery of procured items.
- Draft, review, and manage contracts, purchase orders, and agreements.
- Monitor supplier performance and ensure compliance with contractual terms.
- Track project procurement budgets and control CAPEX spend.
- Ensure compliance with company policies, safety standards, and regulatory requirements.
- Mitigate risks related to supply chain, pricing, and project delays.
Key Skills & Competencies
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- Strong negotiation and contract management skills
- Knowledge of capital equipment sourcing and project procurement
- Understanding of technical specifications and engineering drawings
- Financial acumen (CAPEX budgeting, cost analysis, ROI)
- Vendor management and strategic sourcing
- Risk management and problem-solving
- Excellent communication and stakeholder management
Qualifications
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- Bachelor s degree in Engineering, Supply Chain Management, Business Administration, or related field
- MBA (preferred for managerial roles)
- Relevant certifications (e.g., procurement/supply chain certifications) are a plus
Experience
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- 3-7 years (Specialist role)
- 7-15+ years (Manager role)
- Experience in industries such as manufacturing, oil & gas, infrastructure, or heavy engineering preferred
Key Performance Indicators (KPIs)
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- Cost savings on CAPEX projects
- On-time delivery of equipment/projects
- Vendor performance and reliability
- Compliance with procurement policies
- Budget adherence and cost control
Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.
Sourced from naukri
Skills
RFQRFPStrategic Sourcingtechno-commercialMachinerySupply ChainRisk ManagementSupply Chain ManagementBudgetingcontract management
About 20 Microns
20 Microns
Chemicals
375
employees
1987
39 years old
Vadodara
India
₹6L PA avg
Avg at 20 Microns
About
20 Microns specializes in micronized industrial minerals and specialty chemicals, focusing on R&D to enhance product performance across various industries.
Industries
Chemicals
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