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Manager - Procurement

L&T Finance — Mumbai, MUMBAI

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Experience 10-14 Years yrs
Age 21-35 yrs
Gender Both
Salary Not Disclosed LPA
Department Sales Loans
Product Loans

Job Description

Procurement Manager - BESS will oversee and optimize the end-to-end supply chain processes within our Solar/BESS EPC projects. The ideal candidate will have a deep understanding of procurement strategies, vendor management, and inventory control specific to the solar energy industry. You will be responsible for ensuring the timely and cost-effective procurement and delivery of materials, components, and services necessary to meet project timelines and quality standards.


Key Responsibilities:

Procurement Management:

  • Lead and manage procurement processes for solar equipment, materials, and services required for projects.
  • Negotiate and establish relationships with suppliers, ensuring competitive pricing and quality standards.
  • Monitor the global solar market to identify new suppliers, emerging trends, and cost-saving opportunities.


Logistics and Delivery Coordination:

  • Oversee the logistics, transportation, and warehousing of solar materials and equipment.
  • Ensure timely delivery of all required components to project sites, while managing transportation costs and risks.
  • Coordinate with project managers to align supply chain operations with project timelines.


Vendor and Supplier Management:

  • Develop and maintain strong relationships with vendors, ensuring consistent quality and on-time delivery.
  • Conduct regular vendor performance reviews and resolve any issues related to delays, quality, or costs.


Inventory and Stock Control:

  • Manage inventory levels to ensure sufficient stock is available for ongoing and upcoming projects.
  • Implement inventory optimization techniques to minimize excess stock and associated costs.

Cost Optimization:

  • Continuously evaluate and recommend strategies to reduce supply chain costs without compromising quality or delivery timelines.
  • Monitor and manage the budget for procurement and supply chain activities.


Risk Management:

  • Identify and mitigate risks related to supply chain disruptions, such as material shortages, transportation delays, or price volatility.
  • Develop contingency plans to ensure the uninterrupted supply of critical project materials.


Team Leadership:

  • Lead and mentor a team of supply chain professionals, providing guidance and training to ensure high performance.
  • Set clear performance goals and metrics for team members, conducting regular evaluations.


Compliance & Documentation:

  • Ensure compliance with relevant regulations and standards related to procurement, logistics, and safety.
  • Maintain accurate records of procurement activities, contracts, and supplier communications.

Qualifications:

  • Bachelor’s degree in Supply Chain Management, Engineering, Business Administration, or a related field (Master’s degree preferred).
  • 10+ years of experience in supply chain management, with a strong preference for experience in the BESS, solar, renewable energy, or EPC industries.
  • Certification in Supply Chain Management (e.g. CSCP, CPSM).

Frequently Asked Questions

What are the eligibility criteria for the Manager - Procurement job at L&T Finance?

Eligibility typically includes the qualifications and experience outlined in the job description above, with around 10-14 Years years of relevant experience expected for this role.

What are the primary responsibilities of a Manager - Procurement at L&T Finance?

The key responsibilities for this role are detailed in the Key Responsibilities section above, covering the core duties expected of a Manager - Procurement at L&T Finance.

Is prior experience required for this position?

This role requires around 10-14 Years years of relevant experience, as specified in the job listing. Please refer to the Qualifications & Experience section above for full details.

What skills are important for this role?

Skills relevant to this position are outlined in the Qualifications & Experience section above. In general, strong communication, domain knowledge, and the ability to meet role-specific targets are valued across similar BFSI positions.

How do I apply for the Manager - Procurement role at L&T Finance?

You can apply directly using the Apply Now button on this page, which will take you to L&T Finance's application process for this role.