Head of Procurement

Education

Bachelors/Masters 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

Bachelors/Masters 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