Assistant Manager - Procurement

About Company

Founded in 2011, ReNew, is one of the largest renewable energy companies globally, with a leadership position in India. Listed on Nasdaq under the ticker RNW, ReNew develops, builds, owns, and operates utility-scale wind energy projects, utility-scale solar energy projects, utility-scale firm power projects, and distributed solar energy projects. In addition to being a major independent power producer in India, ReNew is evolving to become an end-to-end decarbonization partner providing solutions in a just and inclusive manner in the areas of clean energy, green hydrogen, value-added energy offerings through digitalisation, storage, and carbon markets that increasingly are integral to addressing climate change. With a total capacity of more than 13.4 GW (including projects in pipeline), ReNew’s solar and wind energy projects are spread across 150+ sites, with a presence spanning 18 states in India, contributing to 1.9 % of India’s power capacity. Consequently, this has helped to avoid 0.5% of India’s total carbon emissions and 1.1% India’s total power sector emissions. In the over 10 years of its operation, ReNew has generated almost 1.3 lakh jobs, directly and indirectly. ReNew has achieved market leadership in the Indian renewable energy industry against the backdrop of the Government of India’s policies to promote growth of this sector. ReNew’s current group of stockholders contains several marquee investors including CPP Investments, Abu Dhabi Investment Authority, Goldman Sachs, GEF SACEF and JERA. Its mission is to play a pivotal role in meeting India’s growing energy needs in an efficient, sustainable, and socially responsible manner. ReNew stands committed to providing clean, safe, affordable, and sustainable energy for all and has been at the forefront of leading climate action in India.

Job Description

Roles and Responsibilities:

 

• Plans, organizes and manages the Capex Procurement process and Supplier Management process for the assigned Plants and Projects - Ensure that the processes and work instructions are in adherence to Companys policy and procedure and Client requirement;
• Liaise with Plant Managers to understand their current and anticipated demand for goods, services and works. Integrate these requirements into the Procurement Plan;
• Implement procurement strategies to maintain security of supply and services and optimum value for money. Deliver competitive cost for operations based on TCO (Total cost of Ownership) model;
• Provide expert advice on all purchasing and sub-contracting decisions, negotiate with external suppliers and sub-contractors of large purchases to secure advantageous terms and respond to any claims regarding contractual violation;
• Finalize purchase details of orders and deliveries
• Endorse and seek DOAs approval for the ordering of necessary goods, services and works;
• Develop and maintain a commercially sound Supplier List, survey the market for new supply sources including non-traditional ones and maintain the "Approved Supplier List".
• Build and develop relationships with key suppliers and contractors, manage relationships and building effective partnerships;
• Maintaining a full set of standard Conditions of Sub-Contract templates and ensure these are properly used. Review and approve sub-contract's terms and conditions - Ensure the Company's best interest is consistently achieved;
• Analyze market and delivery trends so as to implement change and develop procurement strategies, technologies and process that support those trends;
• Conduct business review meetings with key stakeholders to assess risk, review future strategies, and identify potential cost down and improve opportunities;
• To support in new Tender Sourcing;
• Plan the utilization of resources and ensure they are optimized, work allocation is distributed evenly as well as delivery schedules and targets are met;
• Ensure that the monthly procurement reports and cost saving/ cost avoidance statistics are reported on-time to Management;
• Undertake tasks, activities and assignments at the direction of the Manager/ Head of Procurement;
• Support Organizational goals and objectives;
• To achieve the KPI target set by Manager/Head of Procurement.