Head of Procurement

3 weeks ago

Kolkata, India Texmaco Nymwag Rail & Components Private Limited Full time
About the Company:

is a joint venture (“JV”) between Texmaco Rail & Engineering Limited and NYMWAG C.S. a.s. , to design, manufacture and sell Railway freight Cars, and its components in India and Abroad, to cater to growing demand of wagons in domestic and export market, which is boosted by initiatives taken by Indian railways to modernize the entire rail system along with having modern infrastructure.

Purpose of the Role:

The primary focus of this role is to provide leadership and control to define, create/develop, implement, maintain Strategic Sourcing, and follow high standards across the organizationResponsible for executing, managing, delivering and overseeing all aspects of the supply chain process within the company to cater to global market while optimizing the entire process.

Key Responsibility Areas:

Overall Responsibility:Overall responsibility for Purchasing and Cost Estimating activities across the business.Create and implement best practice purchasing vision, strategy, policies, processes and procedures to aid and improve business performance.Ensure purchasing strategies align with business objectives, operational needs, and market competitiveness.Manage supplier selection and evaluation processes, including terms and conditions, supplier rationalization, and supply chain solutions.Mitigate risks and capitalize on opportunities through proactive evaluation of business challenges.Contribute to the overall business strategy and annual budget process.Take ownership of purchasing policy, guidelines, and associated documents.Initiate and innovate procurement processes, including eProcurement.

Purchasing and Supply Chain Strategy:

Develop and implement procurement and supply chain strategies, policies, and procedures.Focus on direct materials categories (Stamping, Forging, Machining, Sheet Metal) at a corporate level.Negotiate and manage strategic contracts and supplier relationships effectively.Drive initiatives to enhance procurement efficiency, effectiveness, and user experience.Manage day-to-day procurement operations and resources to execute the Procurement Strategy.Collaborate with key stakeholders to achieve cost savings and budget targets.Ensure compliance with financial and purchasing regulations.Collaborate across the supplier network to optimize value for money.Champion sustainable procurement practices aligned with the company's strategic goals.

Technical:Have considerable knowledge of commodity purchasing, methods of analyzing suppliers & material, contract language, compliance requirements, and financial risk.Have the ability to develop & execute business continuity/strategic plans to provide direction toward the achievement of financial targets.Have a track record of exceptional collaborative relationships with suppliers, contractors and colleagues.

Qualification & Experience:Be a mechanical engineer with over 15 years of work experience in procurement, logistics, warehousing and exports in a manufacturing industry.MBA (Full Time) in Supply Chain Management.In addition to good knowledge of English, we also look for skills such as technical curiosity, creativity, innovation, initiative, communication, leadership and the ability to work with others.15 Years of experience of Plant and Machinery Procurement and Capital Expenditure Purchases,

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