Job Title – Procurement Officer
Location: Mumbai, India
About the Role
We are seeking a proactive and detail-oriented Procurement Officer to manage sourcing, vendor coordination, and purchasing activities within a dynamic oil & gas services environment. The role involves ensuring timely procurement of materials and services, maintaining cost efficiency, and supporting smooth supply chain operations aligned with business requirements.
Key Responsibilities
Procurement & Sourcing
- Identify and source suppliers for materials, equipment, and services.
- Obtain quotations, evaluate bids, and negotiate pricing and terms.
- Ensure timely procurement to meet project and operational requirements.
- Maintain accurate purchase orders and procurement documentation.
Vendor Management
- Develop and maintain relationships with reliable suppliers and vendors.
- Evaluate vendor performance and ensure quality standards are met.
- Coordinate with vendors for order tracking, delivery schedules, and issue resolution.
- Identify alternative suppliers to optimize cost and efficiency.
Purchase Order & Contract Management
- Prepare and process purchase orders in line with company policies.
- Ensure contracts and agreements are properly reviewed and documented.
- Track order status and ensure timely delivery of goods and services.
- Handle discrepancies related to deliveries, invoices, or quality issues.
Inventory & Supply Chain Coordination
- Monitor inventory levels and coordinate with warehouse and operations teams.
- Ensure optimal stock levels to avoid shortages or overstocking.
- Support logistics coordination for timely delivery of materials.
- Assist in minimizing wastage and improving supply chain efficiency.
Compliance & Cost Control
- Ensure procurement activities comply with company policies and regulations.
- Monitor procurement budgets and control costs effectively.
- Maintain accurate records for audits and reporting purposes.
- Identify opportunities for cost savings and process improvements.
Reporting & Coordination
- Prepare procurement reports and updates for management.
- Coordinate with finance, operations, and project teams.
- Maintain proper documentation and records of procurement activities.
- Support audits and ensure transparency in procurement processes.
Qualifications & Experience
- Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
- 3–6 years of experience in procurement or supply chain operations.
- Experience in oil & gas, engineering, or project-based industries is preferred.
Key Skills & Competencies
- Strong negotiation and vendor management skills
- Good understanding of procurement and supply chain processes
- Attention to detail and organizational skills
- Ability to manage multiple tasks and deadlines
- Strong communication and coordination abilities
- Analytical and cost-control mindset
What We Offer
- Competitive salary package
- Professional and collaborative work environment
- Opportunities for career growth and development
- Exposure to global procurement and supply chain operations