OYO - Director - Procurement & Supply Chain Management

Role Overview:The Director - Procurement & Supply Chain Management will lead Prism's end-to-end global procurement, sourcing, logistics, vendor management, and supply chain strategy. This role is responsible for building a cost-efficient, resilient, and scalable supply ecosystem aligned with Prism's long-term business and growth objectives. This position transitions the function from operational leadership to a strategic, board-level supply chain role. Key Responsibilities:1. Strategic Procurement Leadership - Define and execute short-term & long-term procurement strategy - Lead make-vs-buy decisions, strategic sourcing, and contract negotiations - Establish cost-reduction roadmaps and value-engineering initiatives 2. Supply Chain & Logistics Management:- Oversee end-to-end supply chain operations: planning, logistics, warehousing, inventory - Ensure OTIF (On-Time In-Full) delivery performance across all projects - Optimize working capital & inventory turns 3. Vendor & Supplier Ecosystem:- Build and manage a robust supplier network (domestic & international) - Lead vendor audits, qualification, performance scorecards & risk assessments - Drive supplier development & strategic partnerships 4. Governance, Compliance & Risk:Ensure compliance with: - Company policies - Statutory procurement laws - Contractual & ethical sourcing standards Create strong procurement governance frameworks Build risk mitigation strategies for: - Price volatility - Supply disruptions - Geo-political risks 5. Financial & Commercial Control - Own procurement budgeting & forecasting - Drive cost savings, margin protection & profitability - Partner with Finance on cash flow & payment optimization 6. Digital Transformation Lead implementation of: - ERP procurement modules - E-procurement systems - Vendor portals & analytics dashboards - Enable data-driven sourcing decisions 7. Team Leadership Build and mentor: - Category Heads - Procurement Managers - Supply Planners Drive high-performance culture, accountability & execution excellence Required Qualifications - Bachelor's degree in: Engineering / Supply Chain / Operations / Procurement / Business - MBA or PGDM (Supply Chain / Operations / Finance) - Strongly preferred -12-18+ years of progressive experience in: - Strategic procurement - Supply chain leadership Project & contract management - Proven experience managing: - 500 Cr+ procurement budgets (or equivalent) Core Competencies:- Strategic sourcing & global vendor development - Contract negotiation & commercial risk management - Cost engineering & value optimization - Supply chain digitization & ERP implementation - Cross-functional leadership with Projects, Finance & Operations - High-pressure decision-making & crisis management Key Performance Indicators (KPIs) - Procurement cost savings (% YoY) - Vendor On-Time Delivery (OTIF %) - Inventory turnover & working capital efficiency - Contract compliance rate - Supply chain risk incidents - Digital adoption rate in procurementWhat Success Looks Like in 12 Months - Centralized & digitized procurement ecosystem - 8-15% net procurement cost reduction - Zero critical supply disruptions - Vendor base optimized with strategic partners - Fully compliant procurement governance framework Compensation & Benefits:- Industry-leading fixed + performance-linked variable - Long-term strategic incentives (ESOP / Profit-linked bonus - if applicable) - Leadership-level benefits & executive privileges (ref:iimjobs.com)