Head of Procurement

2 days 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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