ReNew - Deputy Manager - Procurement

Description:

Key Roles & Responsibilities:

Procurement & Sourcing:

- Manage end-to-end procurement processes including vendor identification, RFQ/RFP issuance, evaluation, negotiation, and finalization.
- Source materials, equipment, and services in line with project and operational requirements.
- Ensure timely availability of materials while maintaining optimal inventory levels.
Vendor & Contract Management:

- Develop and maintain a strong vendor base through continuous evaluation and performance monitoring.
- Lead price negotiations, contract finalization, and commercial discussions to achieve cost efficiency.
- Ensure contracts comply with company policies, legal requirements, and commercial terms.
Cost Control & Optimization:

- Identify cost-saving opportunities through strategic sourcing and value engineering.
- Monitor market trends, pricing fluctuations, and supplier performance to mitigate procurement risks.
- Support budgeting and cost control initiatives for projects and operations.
Stakeholder Coordination:

- Collaborate with internal teams such as projects, engineering, finance, legal, and stores to align procurement activities with business needs.
- Act as a key point of contact for resolving procurement-related issues and escalations.
- Ensure clear communication and coordination between stakeholders and suppliers.
Compliance & Governance:

- Ensure adherence to procurement policies, SOPs, and ethical standards.
- Maintain accurate procurement documentation, MIS reports, and audit-ready records.
- Support internal and external audits by providing required procurement data and documentation.
Reporting & MIS:

- Prepare and present procurement MIS, spend analysis, vendor performance reports, and savings reports.
- Track KPIs related to cost, quality, delivery timelines, and supplier performance.
Professional & Technical Skills:
Must-Have Skills:

- Strong experience in procurement, sourcing, and vendor management
- Good knowledge of procurement processes, contracts, and commercial terms
- Strong negotiation and cost optimization skills
Functional & Soft Skills:

- Excellent coordination and stakeholder management abilities
- Strong analytical, problem-solving, and decision-making skills
- Effective communication and documentation skills