The role will be responsible for driving value engineering initiatives across procurement categories through strategic sourcing, commercial negotiations, value engineering, spend analytics, vendor management, and process improvements. The incumbent will work closely with cross-functional teams to enhance procurement efficiency and achieve sustainable cost savings.

Your core responsibilities:

Strategic Cost Optimization

- Identify and execute cost reduction opportunities across direct and indirect procurement categories.

- Drive value engineering and alternative sourcing initiatives.

- Analyze procurement spend and benchmark pricing trends.

- Develop annual cost-saving plans and monitor realization.

Procurement & Sourcing

- Lead strategic sourcing initiatives and commercial negotiations.

- Support RFQ/RFP processes and vendor evaluations.

- Optimize procurement terms including pricing, payment terms, logistics, and contractual conditions.

- Ensure procurement aligns with budgetary and project requirements.

Vendor Management

- Develop and maintain strategic supplier relationships.

- Identify alternate vendors and improve vendor competitiveness.

- Conduct commercial performance reviews with suppliers.

Data Analytics & Reporting

- Prepare MIS dashboards on procurement savings, spend analysis, and market trends.

- Track procurement KPIs and cost optimization metrics.

- Provide commercial insights to management for decision-making.

Cross-functional Coordination

- Coordinate with engineering, projects, finance, and operations teams for cost optimization initiatives.

- Support standardization and specification rationalization exercises.

Process Improvement & Governance

- Drive procurement process improvements and compliance.

- Ensure adherence to procurement policies and approval frameworks.

- Support audit and internal control requirements.

Desired Candidate Profile

Education

- B.E./B.Tech (Mechanical / Electrical / Civil / Industrial or related discipline)

- MBA in Supply Chain / Operations / Finance / Procurement preferred

Experience

- 5-10 years of experience in procurement, strategic sourcing, commercial, or cost optimization roles

- Experience in manufacturing, EPC, infrastructure, energy, or renewables preferred

Skills Required

- Strong commercial negotiation skills

- Cost analysis and spend analytics

- Strategic sourcing expertise

- Vendor management

- Knowledge of contracts and procurement processes

- Strong analytical and problem-solving skills

- Advanced Excel and ERP proficiency (SAP/Oracle preferred)

- Good stakeholder management and communication skills

Key Performance Indicators (KPIs)

- Annual cost savings achieved

- Procurement efficiency improvements

- Vendor optimization

- Reduction in procurement cycle time

- Budget adherence

- Commercial risk mitigation

- Savings realization vs target

Preferred Competencies

- Commercial acumen

- Analytical mindset

- Negotiation capability

- Process orientation

- Data-driven decision making

- Collaboration and stakeholder management

About the company:

SAEL Group has emerged with a bold vision of establishing world-class renewable assets spanning the solar and biomass sectors, with a steadfast commitment to ensuring stable profitability. We are utilizing agricultural waste as fuel to produce renewable power round the clock. We have the largest capacity of waste-to-energy generation. Already making strides in the renewable energy space, we aim to escalate our renewable capacity to 5 GW within the next 4-5 years by adding 100MW of new biomass and 600MW of new solar capacity annually. This ambitious endeavor aligns with the Government of India's vision to achieve 500 GW capacity from renewable energy sources by 2030.

The SAEL Group is set to embark on a journey that combines organic and inorganic strategies, leveraging marquee investors and partners to realize our vision. At the forefront of this effort is SAEL Industries, the pivotal entity responsible for raising growth capital across various business segments.

In addition to its overarching role, SAEL Industries is actively involved in Engineering, Procurement, and Construction (EPC) for the Group's upcoming renewable projects. Furthermore, it takes charge of the Operation and Maintenance (O&M) activities for both existing commissioned projects and those on the horizon. Through a comprehensive approach, SAEL Group is poised to make significant contributions to the Government's renewable energy targets, exemplifying our commitment to sustainable and impactful growth.