Procurement Buyer I
Responsible for strategic sourcing, procurement, contract negotiation, and supplier management for API compressors, pumps, rotating equipment, and CAPEX-related purchases. Ensure cost optimization, timely delivery, quality compliance, and adherence to project schedules while supporting engineering, operations, and project teams.
Procurement & Sourcing
- Handle end-to-end procurement activities for API compressors, pumps, mechanical packages, and CAPEX equipment.
- Source materials and equipment from approved global and domestic suppliers.
- Floating RFQs, techno-commercial evaluations, bid analysis, and supplier selection.
- Negotiate pricing, payment terms, delivery schedules, warranty, and contractual conditions.
- Prepare Purchase Orders (POs) and ensure compliance with company procurement policies.
Vendor Management
- Develop and maintain strategic relationships with OEMs and key suppliers.
- Conduct vendor qualification, performance evaluation, and supplier audits.
- Monitor supplier delivery performance and implement corrective actions where required.
- Identify alternate suppliers to mitigate supply chain risks.
CAPEX Procurement
- Manage procurement of capital equipment, plant machinery, utilities, fabrication items, and project-related purchases.
- Coordinate with engineering and project teams to understand technical requirements.
- Ensure procurement activities align with project schedules and budget targets.
Technical Procurement
- Interpret technical specifications, datasheets, GA drawings, and API standards (API 610, API 617, API 618, API 614, API 672, etc.).
- Work closely with engineering teams for technical bid evaluation and vendor clarification.
- Ensure compliance with quality standards, safety requirements, and project specifications.
Cost Optimization
- Execute cost reduction initiatives through strategic sourcing and value engineering.
- Analyze market trends, commodity prices, and supplier capabilities.
- Develop long-term agreements and framework contracts to achieve cost savings.
Contract & Commercial Management
- Review and negotiate commercial contracts and procurement agreements.
- Manage claims, deviations, liquidated damages, and contractual disputes.
- Ensure compliance with procurement governance and audit requirements.
Supply Chain Coordination
- Track order progress and expedite critical deliveries.
- Coordinate with logistics, quality, engineering, and warehouse teams.
- Resolve supply chain issues impacting project execution.
Required Qualifications
- Bachelor’s degree in mechanical engineering, Production Engineering, Industrial Engineering, or related discipline.
- MBA / PGDM in Supply Chain Management or Operations (preferred).
Required Experience
- 3-6 years of procurement experience in API compressors, pumps, rotating equipment, EPC, oil & gas, petrochemical, power, or manufacturing industries.
- Experience in CAPEX procurement and project purchasing.
- Strong exposure to OEMs, engineering equipment, and project procurement.
Technical Skills
- Knowledge of API standards and rotating equipment procurement.
- SAP MM / SAP S4 HANA, Oracle, or ERP systems.
- Strategic sourcing and supplier negotiations.
- Contract management and commercial evaluation.
- Cost analysis and procurement planning.
- Vendor development and supplier performance management.