Procurement Specialist

Empower Resources; Nagpur District; On-site; INR 600,000 - 900,000; Full time

Job summary

Empower Resources in Nagpur seeks an experienced Procurement Specialist with a strong background in CAPEX and OPEX procurement, vendor negotiation, supplier development, and strategic sourcing within a manufacturing environment.

You will identify reliable suppliers, obtain competitive quotations, negotiate pricing and terms, ensure timely procurement of materials and services, and optimize overall purchasing costs while maintaining quality, delivery timelines, and compliance.

Qualifications

• Bachelors degree or diploma in Mechanical, Electrical, Industrial Engineering, Supply Chain Management, or related discipline.
• Hands-on experience in CAPEX and OPEX procurement.
• Strong vendor negotiation, supplier development, and commercial evaluation skills.
• Experience in supplier identification, cost analysis, and cost reduction initiatives.
• Proficiency in MS Excel and ERP systems such as SAP MM, Oracle, or equivalent.
• Strong communication, analytical, coordination, and problem-solving skills.

Responsibilities

• Procure CAPEX assets like capital equipment, machinery, and plant equipment while coordinating with engineering and maintenance teams.
• Handle OPEX procurement including consumables, maintenance spares, MRO items, and packaging materials.
• Negotiate with vendors to secure competitive pricing, favorable terms, and improved service levels; perform price benchmarking and TCO analyses.
• Identify, evaluate, and develop new suppliers; conduct supplier assessments and audits to ensure quality and reliability.
• Prepare and release purchase orders, track orders, and ensure compliance with procurement policies and documentation.

Skills

CAPEX procurement

OPEX procurement

Vendor negotiation

Supplier development

Cost analysis

MS Excel

ERP systems (SAP MM / Oracle)

Communication & collaboration

Problem solving

Education

Bachelor's degree in Mechanical Engineering

Bachelor's degree in Electrical Engineering

Diploma in Industrial Engineering

Supply Chain Management certification

Tools

SAP MM

Oracle ERP

ERP software

Job description

Job Summary

We are looking for an experienced Procurement Specialist with a strong background in CAPEX and OPEX procurement, vendor negotiation, supplier development, and strategic sourcing within a manufacturing environment. The candidate will be responsible for identifying reliable suppliers, negotiating competitive commercial terms, ensuring timely procurement of materials and services, and optimizing overall purchasing costs while maintaining quality standards and delivery timelines.

Key Responsibilities

1. CAPEX Procurement

• Manage procurement of capital equipment, machinery, production tools, plant equipment, utilities, and other capital assets.
• Coordinate with engineering, production, projects, and maintenance teams to understand technical specifications and purchase requirements.
• Obtain and evaluate quotations, prepare comparative statements, and negotiate pricing, payment terms, warranties, and delivery schedules.
• Coordinate with suppliers for equipment installation, commissioning, and after-sales support.

2. OPEX Procurement

• Handle procurement of consumables, maintenance spares, MRO items, tools, packaging materials, indirect materials, and plant services.
• Ensure timely availability of materials to support uninterrupted manufacturing operations.
• Monitor purchase requisitions, purchase orders, delivery schedules, and pending supplies.
• Optimize procurement costs without compromising quality and operational requirements.

3. Vendor Negotiation & Cost Optimization

• Negotiate with vendors to achieve competitive pricing, favorable payment terms, shorter lead times, and improved service levels.
• Conduct price benchmarking, cost analysis, and total cost of ownership evaluations.
• Identify opportunities for cost reduction through alternate sourcing, bulk purchasing, and supplier consolidation.
• Prepare commercial comparison statements and support purchase approvals.

4. Vendor Development & Management

• Identify, evaluate, and develop new suppliers based on cost, quality, technical capability, delivery performance, and reliability.
• Conduct supplier assessments, coordinate vendor audits, and support supplier qualification.
• Develop alternate and local suppliers to reduce dependency on existing vendors.
• Maintain strong supplier relationships and resolve commercial, quality, and delivery-related issues.

5. Purchase Operations & Compliance

• Prepare and release purchase orders in accordance with company procurement policies.
• Coordinate with finance, stores, quality, engineering, production, and maintenance teams.
• Track open purchase orders, delivery commitments, and supplier performance.
• Maintain procurement documentation, contracts, vendor records, and audit trails.
• Ensure compliance with internal approval processes and procurement procedures.

Required Qualifications & Skills

• Bachelor's degree or diploma in Mechanical, Electrical, Industrial Engineering, Supply Chain Management, or a related discipline.
• Hands-on experience in both CAPEX and OPEX procurement.
• Strong vendor negotiation, supplier development, and commercial evaluation skills.
• Experience in supplier identification, cost analysis, and cost reduction initiatives.
• Proficiency in MS Excel and ERP systems such as SAP MM, Oracle, or equivalent.
• Strong communication, analytical, coordination, and problem-solving skills.

Key Performance Indicators (KPIs)

• Procurement cost savings and cost avoidance.
• On-time delivery of purchased materials and equipment.
• Reduction in procurement lead time.
• Number of qualified alternate vendors developed.
• Supplier quality and delivery performance.
• Compliance with procurement policies and documentation requirements.