Job Summary:
The DGM /AGM of Purchasing will lead and manage the procurement department, ensuring that the organisation secures high-quality goods and services at competitive prices. This role involves strategic planning, vendor management, and coordination with various departments to align purchasing strategies with organisational goals.
Reporting to:Â COO
Key Responsibilities:
- Strategic Planning:
- Develop and implement purchasing strategies that align with the organisation's overall goals.
- Forecast procurement needs and establish plans to meet those needs efficiently and cost-effectively.
- Vendor Management:
- Identify and establish relationships with reliable vendors and suppliers.
- Negotiate contracts, terms, and pricing to ensure favourable conditions for the organisation.
- Monitor vendor performance and resolve any issues related to supply quality or delivery.
- Procurement Operations:
- Oversee the day-to-day purchasing operations, including order placement, inventory management, and delivery scheduling.
- Ensure compliance with internal policies and external regulations related to procurement activities.
- Budget Management:
- Develop and manage the purchasing budget, ensuring cost control and maximising financial efficiency.
- Analyse spending patterns and identify opportunities for cost savings or process improvements.
- Team Leadership:
- Lead and mentor the purchasing team, providing guidance, training, and performance evaluations.
- Foster a collaborative and high-performance work environment.
- Cross-Functional Collaboration:
- Work closely with other departments (e.g., finance, operations, production) to understand their needs and ensure that purchasing activities support their requirements.
- Coordinate with stakeholders to develop and implement effective purchasing policies and procedures.
- Market Analysis:
- Stay informed about market trends, supplier innovations, and industry best practices.
- Conduct market research to identify potential new suppliers and procurement opportunities.
- Compliance and Reporting:
- Ensure all purchasing activities comply with relevant laws, regulations, and company policies.
- Prepare and present reports on procurement performance, including cost savings, supplier performance, and inventory levels.
Qualifications:
- Education: Bachelorâs degree in Engineering, Mechanical, Supply Chain Management, or a related field. MBA or relevant advanced degree is a plus.
- Experience: Minimum of 15 years of experience in purchasing or procurement management, in similar industry related with steel having customer base in automotive, Â with a proven track record in a leadership role.
- Skills:
- Strong negotiation and contract management skills.
- Excellent analytical and problem-solving abilities.
- Proficiency in procurement software and Microsoft Office Suite.
- Strong leadership and team management skills.
- Exceptional communication and interpersonal skills.
Working Conditions:
- Office-based with occasional travel to supplier locations or industry events.
- Standard working hours with some flexibility required based on business needs.
