
Procurement Director
3 days ago
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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