General Manager Procurement

Job Summary:

Karamtara Engineering Ltd is seeking a highly experienced General Manager - Procurement to lead and manage procurement operations, with a primary focus on capital equipment and capex purchases . The ideal candidate will have at least 15 - 20 years of expertise in procuring high-value capital assets, industrial machinery, and raw materials for large-scale projects. Preference will be given to candidates with experience in the steel, power, or renewable energy sectors .

This role requires deep expertise in global procurement for brownfield and greenfield projects , managing large-volume capex investments , negotiating high-stakes contracts, and ensuring optimal supply chain efficiency. The GM will play a pivotal role in strategic sourcing, vendor management, and cost optimisation for critical capital investments.

Key Responsibilities:

Capital Equipment & Capex Procurement:

• Lead procurement strategies for high-value capital equipment , industrial machinery, and infrastructure investments.
• Ensure cost-effective sourcing of capex items while maintaining quality, reliability, and long-term asset performance.
• Oversee procurement for brownfield and greenfield projects , ensuring the timely acquisition of critical equipment.

Global Procurement & Vendor Management:

• Develop and manage global supplier relationships to secure competitive pricing and favourable contract terms.
• Conduct vendor evaluations to ensure a stable supply of high-quality equipment, materials, and services.
• Negotiate long-term agreements with OEMs and suppliers to optimise procurement costs and mitigate risks.

Strategic Procurement Leadership:

• Formulate and implement procurement strategies aligned with business objectives and project timelines.
• Drive cost-saving initiatives through strategic sourcing, supplier consolidation, and contract optimization.
• Collaborate with engineering and operations teams to ensure procurement aligns with technical specifications and project needs.

Risk & Compliance Management:

• Identify and mitigate risks associated with capex procurement , supply chain disruptions, and vendor agreements.
• Ensure adherence to regulatory requirements, company policies, and ethical procurement practices .
• Implement robust contract management processes to safeguard company interests.

Team Leadership & Budget Optimisation:

• Lead, mentor, and manage a high-performing procurement team , fostering a culture of excellence.
• Monitor and optimise procurement budgets , ensuring financial efficiency and cost control.
• Utilise data-driven insights to enhance procurement decision-making and operational efficiency.

Qualifications and Skills:

• Minimum 15 to 20 years of experience in procurement, with a strong focus on capital equipment, industrial machinery, and capex investments .
• Proven expertise in global procurement for large-scale brownfield and greenfield projects .
• Extensive experience in the steel, power, or renewable energy sectors is highly preferred.
• Strong negotiation, analytical, and decision-making abilities for high-value procurement contracts.
• Exceptional leadership skills with the ability to manage and motivate a procurement team effectively.
• Proficiency in procurement management software and tools .
• B.E. or bachelors degree in supply chain management , business administration, or a related field (Masters degree preferred ).