Procurement Buyer I

Job Description

Responsible for strategic sourcing, procurement, contract negotiation, and supplier management for API compressors, pumps, rotating equipment, and CAPEX-related purchases. Ensure cost optimization, timely delivery, quality compliance, and adherence to project schedules while supporting engineering, operations, and project teams.

Responsibilities

Procurement & Sourcing

• Handle end-to-end procurement activities for API compressors, pumps, mechanical packages, and CAPEX equipment.
• Source materials and equipment from approved global and domestic suppliers.
• Floating RFQs, techno-commercial evaluations, bid analysis, and supplier selection.
• Negotiate pricing, payment terms, delivery schedules, warranty, and contractual conditions.
• Prepare Purchase Orders (POs) and ensure compliance with company procurement policies.
  
  

Vendor Management

• Develop and maintain strategic relationships with OEMs and key suppliers.
• Conduct vendor qualification, performance evaluation, and supplier audits.
• Monitor supplier delivery performance and implement corrective actions where required.
• Identify alternate suppliers to mitigate supply chain risks.
  
  

CAPEX Procurement

• Manage procurement of capital equipment, plant machinery, utilities, fabrication items, and project-related purchases.
• Coordinate with engineering and project teams to understand technical requirements.
• Ensure procurement activities align with project schedules and budget targets.
  
  

Technical Procurement

• Interpret technical specifications, datasheets, GA drawings, and API standards (API 610, API 617, API 618, API 614, API 672, etc.).
• Work closely with engineering teams for technical bid evaluation and vendor clarification.
• Ensure compliance with quality standards, safety requirements, and project specifications.
  
  

Cost Optimization

• Execute cost reduction initiatives through strategic sourcing and value engineering.
• Analyze market trends, commodity prices, and supplier capabilities.
• Develop long-term agreements and framework contracts to achieve cost savings.
  
  

Contract & Commercial Management

• Review and negotiate commercial contracts and procurement agreements.
• Manage claims, deviations, liquidated damages, and contractual disputes.
• Ensure compliance with procurement governance and audit requirements.
  
  

Supply Chain Coordination

• Track order progress and expedite critical deliveries.
• Coordinate with logistics, quality, engineering, and warehouse teams.
• Resolve supply chain issues impacting project execution.
  
  

Qualifications

Required Qualifications

• Bachelor's degree in mechanical engineering, Production Engineering, Industrial Engineering, or related discipline.
• MBA / PGDM in Supply Chain Management or Operations (preferred).
  
  

Required Experience

• 3-6 years of procurement experience in API compressors, pumps, rotating equipment, EPC, oil & gas, petrochemical, power, or manufacturing industries.
• Experience in CAPEX procurement and project purchasing.
• Strong exposure to OEMs, engineering equipment, and project procurement.
  
  

Technical Skills

• Knowledge of API standards and rotating equipment procurement.
• SAP MM / SAP S4 HANA, Oracle, or ERP systems.
• Strategic sourcing and supplier negotiations.
• Contract management and commercial evaluation.
• Cost analysis and procurement planning.
• Vendor development and supplier performance management.
  
  

About Us

Honeywell Technologies is a global, pure-play automation company with a legacy of innovating to help solve the world's most mission-critical challenges, enhancing the quality of life for people and communities around the world. We serve the building, industrial and process sectors with a broad portfolio of services, solutions and products, underpinned by our Honeywell Technologies Accelerator operating system and Honeywell Technologies Forge intelligence layer. By combining the deep domain expertise of our more than 50,000 employees with decades of data from our global installed base, we are uniquely positioned to lead the industrial sector's transition from automation to autonomy.