Job Description

Procurement Planning

  • Ability to understand and apply knowledge of category management,
  • Risk management, and regulatory compliance to implement procurement policies,
  • Procedures, and standard operating procedures (SOPs) that govern sourcing and purchasing activities,
  • Ensuring alignment with project expectations and organizational objectives while optimizing efficiency and effectiveness

Technical Skill & process knowledge

  • Ability to define & develop the process for machining & fabrication of TG components
  • Able to understand the machine operation & all technical related fields about machine & process
  • Able to understand the fabrication operation & all technical related fields about welding
  • Ability to apply knowledge of architectural and engineering drawing standards with respect to Drawing Control Index (DCI)
  • To read, analyze, and interpret various types of technical drawings, including blueprints, schematics, detailed drawings, GFC drawings and shop drawings
  • To understand design specifications, dimensions, materials, and construction methods essential for successful engineering design, project planning and execution

Cost Benchmarking

  • Ability to apply knowledge of industry standards, best practices, and historical financial data to evaluate and compare costs across various projects and operations,
  • Enabling the assessment of cost efficiency, identification of variances,
  • Optimization of budgeting strategies, and enhancement of financial decision-making to achieve superior cost control and resource allocation

Cost Estimation & Negotiation

  • Ability to understand project/package requirements and accurately determine/ forecast the anticipated costs
  • To prepare a detailed estimate plan by evaluating materials, manpower, equipment, vendor and overhead expenses keeping in view market realities and historical data
  • Ability to utilize knowledge of market dynamics, cost structures, and supplier motivations to negotiate optimal pricing, payment terms, and service.
  • Balancing cost efficiency, quality, reliability, and building long-term vendor relationships to drive strategic procurement decisions and ensure project success

Vendor Management

  • Ability to identify, engage, conduct (technical and financial) evaluation, negotiate with vendors and monitor vendor performance
  • Management of Work Orders/ Purchase Orders to ensure timely delivery of quality materials and services,
  • Addressal of vendor grievances and monitoring of compliance, while maintaining cost-efficiency to support seamless project execution

Vendor Evaluation

  • Ability to understand the vendor landscape, including vendor capabilities, vendor performance criteria (pricing, quality, timelines, compliance with standards, past performance etc.) and lifecycle costing, to assess and select vendors,
  • Ensuring optimal vendor selection that aligns with organizational requirements and operational goals

International Procurement Management

  • Ability to apply knowledge of global sourcing, supplier evaluation, contract negotiation, import regulations, and risk management to efficiently acquire goods and services from international markets
  • Ensuring cost-effectiveness, compliance, and supply chain reliability

Role & Responsibilities

  • Identify, evaluate, and select external technical vendors and service providers.
  • Negotiate contracts, pricing, and delivery schedules to ensure best value.
  • Collaborate with concern department and project management teams to align outsourcing needs with business goals.
  • Monitor supplier performance and manage ongoing relationships to ensure quality and timely delivery.
  • Maintain up-to-date market knowledge to capitalize on new outsourcing opportunities and technology
  • Placement of PO & Service order to vendor


Job Details

Role Level: Not Applicable Work Type: Full-Time
Country: India City: Chorasi ,Gujarat
Company Website: https://www.larsentoubro.com/ Job Function: Procurement & Vendor Management
Company Industry/
Sector:
Other

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