PROCUREMENT MANAGER

Varel Energy Solutions; Faridabad District; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

Varel Energy Solutions invites an experienced procurement professional in Haryana to coordinate the purchase of raw materials, equipment, and services. You will negotiate with suppliers, manage performance, and drive cost reductions while ensuring safety and quality compliance.

Requires a bachelor's in supply chain, 10–12 years of purchasing experience, and strong SAP/Excel skills to optimize processes and support business operations.

Qualifications

• Bachelor's degree in supply chain management or related field.
• Knowledge of purchasing principles and processes.
• Excel proficiency and SAP expertise.
• Experience with PCE product line.
• 10–12 years of purchasing experience.

Responsibilities

• Identify, contact, and negotiate with suppliers for materials, pricing, and lead times.
• Establish and maintain relationships with suppliers and hold regular meetings.
• Identify cost savings and process improvements.
• Prepare purchase orders with clear specifications and documentation.
• Maintain procurement metrics and update ERP system.
• Negotiate prices, delivery terms, and payment terms with suppliers.
• Coordinate approved supplier list with procurement, quality and engineering.
• Ensure compliance with safety, quality and environmental policies.

Skills

Negotiation

Supplier management

SAP

Cost reduction

English communication

Excel

ERP knowledge

Education

Bachelor's degree in supply chain management

Knowledge of purchasing principles

Excel

SAP expertise

PCE product line knowledge

Tools

SAP

Excel

Job description

Varel Energy Solutions (VES) is one of the world's largest independent manufacturer and suppliers of downhole drilling and completions products to the energy sector. The key to the company's success is underpinned by the virtues and the cultural framework of our employees. VES offers an exciting and fast paced work environment, attractive benefits, and competitive pay. If you're looking to invest in your career development, Varel Energy Solutions is the right place for you. Come join our team!

Summary

Give a brief summary of the main purpose of the work.
Coordinates activities related to the procurement of goods and services, such as raw materials, equipment, tools, parts, supplies, and consumables. Initiate purchase requisitions in a timely manner and at the lowest possible cost, with quality and reliability in mind. Follow the company's safety, quality and continuous improvement policies and procedures.

ESSENTIAL DUTIES

• Identify, contact, and negotiate with suppliers for information on raw materials, products, or services, such as pricing, availability, stock, supply agreements, and lead times, to meet service needs and sales forecasts. Maintains working relationships with suppliers on all current and potential future business.
• Establish and maintain relationships with suppliers through effective communication and by holding regular meetings.
• Identify and recommend opportunities for cost savings and process improvements.
• Prepares purchase orders for raw materials, products, or services. Ensures that all goods and services ordered are procured with clear instructions on the necessary documentation and conformity to the required specifications. Pay special attention to detail to ensure the accuracy of all purchase orders.
• Maintains procurement metrics, such as items or services purchased, costs, delivery, product quality, or performance.
• Is responsible for the associated processes and the continuous improvement of those processes and systems.
• Negotiate with suppliers about prices, delivery times, payment terms, and other necessary contractual obligations.
• Manage supplier performance by focusing on pricing, quality, and deliveries.
• Coordinates the maintenance of the list of approved suppliers with procurement, quality and engineering.
• Accelerates the delivery of goods to completion as per requirements and updates the ERP system.
• Discuss defective or unacceptable goods or services with inspection or quality control, users, suppliers, and others to determine issue and resolve promptly.
• Assists the purchasing team and other divisions by informing them of any supply issues affecting business operations.
• Helps to reduce acquisition costs by analyzing costs and proposing cost reduction measures.
• Discuss price differences with the appropriate parties and resolve in a timely manner.
• Provides information and support for the development of new products, processes, or suppliers.
• Health, Safety and Environment Responsibility: Comply with the requirements of the Health, Safety and Environment System, apply the Varel International Policy to its activities to achieve the effectiveness and continuous improvement of production and administrative processes, in addition to leading and actively participating in training activities in the different processes and applying the concepts communicated.

MINIMUM REQUIREMENTS

Competencies (skills and abilities)

Ability to:

• Proactively negotiate pricing with suppliers to achieve cost targets and participate in an effective improvement and cost-saving program for purchased materials and services.
• Ensure suppliers understand procurement priorities and meet delivery requirements.
• Develop and maintain sources and data and resolve price differences.
• Demonstrate attention to detail and accuracy and meet deadlines.
• Interact and build relationships with people from different cultures and disciplines and solve their problems.
• Demonstrate knowledge of the purchasing module of an ERP system (preferably SAP).
• Analyze procurement reports to identify trends and activities that lead to those results and make recommendations for improvement.
• Demonstrate effective interpersonal, communicative, and organizational skills.
• Demonstrate practical and objective problem-solving skills.
• Demonstrate integrity and discretion in handling confidential information.
• Understand and communicate accurately, clearly, and concisely in English.

Education & Knowledge

• A bachelor's degree in supply chain management or a closely related field.
• Knowledge of purchasing principles and processes.
• Business knowledge to contribute ideas and ask questions with a report or analysis.
• Excel
• SAP expertise
• Experience with PCE product line

Work Experience

Minimum 10-12 years of purchasing experience.

Thank you for your interest in a career with Varel Energy Solutions.