Head of Procurement

Education

Bachelor’s/Master’s degree in Engineering/Science graduate ∙MSc or MBA degree in procurement / material management / supply chain management / business administration.

Skills

Strong commercial / negotiation skills with knowledge of costing and tax implications

Job Description:

Role Dimensions & Responsibilities

∙Responsible for all direct/indirect procurement of raw materials, commodities, finished products, components, CAPEX Items and services

∙Identification of suppliers both with India and overseas including development of alternate supplier base

∙Responsible for entire procure to pay-cycle with validation of business requirement, commercial negations (RFQ / Auctions) and timely delivery of agreed quality / specs by the suppliers including contract manufacturers

∙Collaborate with key stakeholders to ensure clarity of the specifications and expectations of the company.

∙Understand market dynamics with Supplier Network in-terms consumer megatrends and new product development in the market

∙Track and report key functional metrics to optimize spends and improve effectiveness with validation and re-negotiation of existing terms / contracts

∙Foresee alterations in the comparative negotiating ability of suppliers and clients. Expect unfavorable events through analysis of data and prepare control strategies. Perform risk management for supply contracts and agreements.

∙Expect unfavorable events through analysis of data and prepare control strategies.

∙Perform risk management for supply contracts and agreements.

∙Identification and active management of the procurement of at-risk components of the supply chain on an ongoing basis.

∙Work on localization projects to ensure cost-effective options for sourcing are identified and developed locally.

∙Responsibility for implementation of QC/QA for the product. ∙Build /fine-tune systems and processes for the procurement function especially for indirect spends under SAP Ariba Environment

Qualifications & Experience

∙Bachelor’s/Master’s degree in Engineering/Science graduate

∙MSc or MBA degree in procurement / material management/supply chain management/business administration.

∙Minimum 15 years of proven working experience in direct/indirect procurement and heading Procurement Function of 800-1000 Crs since last 5 years.

∙Strong commercial/negotiation skills with knowledge of costing and tax implications ∙Collaboration with internal and external stakeholders with bias for accountability would key success metric for the position

∙Leveraging the use of technology for automation and digitization

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