Lead - Capex Procurement (Projects)

V-Mart Retail Ltd.; Gurugram District; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

V-Mart Retail Ltd. in Gurugram, Haryana seeks an experienced procurement professional to lead strategy, KPI development and supplier management. The role requires managing quotations, negotiations and cross-functional coordination to meet cost and quality targets.

Ideal candidates will have 8–12 years of relevant experience, strong vendor relationships and the ability to drive process improvements across multiple projects in a fast-paced retail environment.

Qualifications

• 8–12 years of experience in procurement and purchasing.
• Strong vendor management and negotiation skills.
• Experience with cost optimization and supplier contracts.
• Ability to manage a heavy workload and prioritize tasks.

Responsibilities

• Implement procurement strategy and policies; forecast procurement needs.
• Create and implement KPI's to measure performance.
• Continuously develop expertise to support growth for new projects.
• Monitor macro trends in supplier base and implement action plans.
• Build and develop relationships with key suppliers and customers.
• Review quotations and negotiations in line with policy; maintain files.
• Coordinate with accounts for timely payment of invoices.
• Identify training opportunities within the department.
• Plan, develop and buy materials cost-effectively while meeting quality specs.

Skills

Procurement strategy

KPI development

Vendor management

Negotiation

Cost optimization

Supplier relationships

Forecasting

Training opportunities

Job description

• Implement procurement strategy and policies. Forecast procurement needs.
• Create and implement KPI's.
• Continually develop expertise to support growth for new projects.
• Monitor macro trends in supplier and contract base and implement plans to react. Build and develop relationships with key suppliers and customers.
• Identify and develop training opportunities in the department.
• Review quotations, negotiation, approval in accordance with company policy and terms and conditions. Maintain procurement files and Track Purchasing activity.
• Discuss defective or unacceptable new goods or services with users, vendors and others to determine cause of problem and take corrective and preventative action.
• Ensure supplier compliance with site and company requirements for safety. Manage vendor relationships and assist in building effective partnerships.
• Assist department in developing and implementing purchasing strategies for products.
• Responsible for planning, developing and buying materials, parts, supplies and equipment's in a timely and cost effective way; timely manner while maintaining appropriate quality standards and specifications.
• Develop and review purchase requests and ensure authorization as necessary to facilitate the timely purchase of new food products. Help to lower the cost and secure agreements.
• Liaise with Accounts Department to ensure accurate and timely payment of invoices, as necessary for the business with the supplier.

Experience : 8 to 12 Years

Key Skills and Attributes:

Ability to work on own initiative with minimal supervision, an organized and thorough approach to work.

Strong reporting, team working, vendor management and prioritizing skills

Good organizational, self-management and goal setting skills

Ability to manage a heavy workload and at times conflicting priorities as well as tracking progress on a wide range of tasks

Thorough knowledge of costing and quality norms.