Procurement Director

3 weeks ago

Vijayawada, India SRM University, AP Full time

JOB TITLE: Head – Procurement

JOB LOCATION: SRM – AP, Andhra Pradesh

REPORTS TO: Registrar


Duties and Responsibilities:

The Head of Procurement is responsible for overseeing the procurement function, developing procurement strategies, and ensuring the efficient acquisition of goods and services. This role involves leading a procurement team, managing supplier relationships, and implementing cost-effective and efficient procurement practices that align with the organization’s goals and objectives.


1) Strategic Planning:

- Develop and implement comprehensive procurement strategies.

- Align procurement objectives with the University’s mission and strategic goals.

- Conduct market analysis to identify trends and opportunities.


2) Team Leadership:

- Lead, mentor and develop the procurement team.

- Establish performance metrics and conduct regular evaluations.


3) Supplier Management:

- Build and maintain strong relationships with key suppliers and vendors.

- Negotiate high-value contracts and agreements.

- Monitor supplier performance and resolve any issues or disputes.


4) Cost Management:

- Develop and manage the procurement budget.

- Identify and implement cost-saving initiatives without compromising quality.

- Monitor and report on procurement expenditures and savings.


5) Process Improvement:

- Streamline procurement processes to enhance efficiency.

- Implement best practices and innovative procurement solutions.

- Ensure compliance with legal and regulatory requirements.


6) Risk Management:

- Identify and mitigate procurement-related risks.

- Develop and maintain a risk management framework for procurement activities.

- Ensure business continuity through effective procurement strategies.


7) Stakeholder Engagement:

- Collaborate with internal departments to understand their needs and obtain clear technical specifications.

- Communicate procurement policies and procedures to stakeholders.

- Provide training and support to internal teams on procurement processes.


8) Reporting and Analytics:

- Prepare monthly reports on procurement activities, performance, and cost savings.

- Use data analytics to improve procurement decisions and develop strategies.

- Submit findings and recommendations to senior management.



Qualifications, Experience & Skills:


- B.Tech / M.Tech or MBA in Supply Chain Management or a related field. Master's degree preferred.

- Minimum 15 years of experience in procurement, with at least 8 years in a leadership role.

- Strong leadership and team management abilities.

- Excellent negotiation and communication skills.

- Proficiency in procurement software and ERP systems.

- Strong analytical and strategic thinking skills.

- Ability to manage multiple projects and priorities.

- Certification in Procurement / Supply Management preferred.

- Extensive knowledge of procurement regulations and best practices.

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