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Negotiate commercial and contractual terms including price structures, payment milestones, delivery schedules, and terms for job work and labour work to ensure optimal value for the organization. Develop and recommend breakthrough procurement strategies to management, targeting measurable cost perks and savings across categories such as plates, forgings, castings, pipes & pipe fittings (from steel mills and foundries), bought-out items (motors, gears, mechanical seals), tailor-made and standard BO items, capex items, indirect materials, consumables, maintenance goods, labour contracts, and subcontracting (fabrication, machining, etc.). Strengthen and enhance vendor capabilities by conducting vendor audits, preparing audit reports, and driving product and process improvements. Monitor supplier performance through scorecards and rankings to ensure consistent adherence to defined quality, delivery, and service expectations. Build strong cross-functional collaboration with Quality, Manufacturing, Sales & Marketing, Design, and other internal teams to support smooth operations and continuous improvement. Lead supplier-related problem-solving initiatives including Value Analysis/Value Engineering (VA/VE), supplier component development and approval, and supplier-driven cost improvement activities .