Vice President Procurement
7 days ago
The Vice President of Supply Chain Management will play a critical role in overseeing and optimizing our supply chain operations to ensure efficient and effective delivery of products. This leadership position requires strong strategic thinking, planning and sourcing skills, knowledge about warehousing and logistics, exceptional problem-solving abilities and the ability to drive continuous improvement in supply chain processes. Responsibilities: - Adhere to a comprehensive supply chain strategy aligned with the company's overall objectives, ensuring smooth and efficient flow of goods from suppliers to customers. - Lead and manage a team of supply chain professionals, providing guidance, coaching, and mentoring to maximize their performance and professional growth. - Sustain and accelerate digital initiatives of the supply chain organisation aimed at institutionalising best technology to streamline and sharpen supply chain activities. - Drive continuous improvement initiatives across the supply chain, identifying and implementing innovative strategies, technologies, and best practices to enhance operational efficiency and reduce costs in sourcing, logistics, warehousing etc. - Collaborate with cross-functional teams, including production, finance and sales teams, to ensure seamless coordination and alignment of supply chain activities. - Develop and maintain strong& healthy relationships with suppliers and vendors, negotiating contracts and terms to optimize costs, quality, and delivery timelines. - Implement robust inventory management practices to ensure optimal stock levels while minimizing carrying costs and stockouts. - Stay updated with industry trends, regulatory requirements, and technological advancements in supply chain management, proactively incorporating relevant changes into the company's operations. - Identify and mitigate potential risks within the supply chain, including disruptions, bottlenecks, and quality issues, by implementing effective risk management strategies. - Ensure compliance with relevant legal and regulatory standards, including environmental, health, and safety requirements. Qualifications and Experience: - Master's degree in Business Administration with specialization in supply chain management having engineering background preferably from a Tier 1 Institute. - Proven experience (minimum 25 years) in supply chain management, preferably in the manufacturing sector, with at least 10 years in a corporate leadership role. - Strong knowledge of end-to-end supply chain processes, including procurement, production planning, inventory management, logistics, and distribution. - Demonstrated experience in implementing supply chain best practices, lean methodologies, and process improvement initiatives. - Exceptional analytical and problem-solving skills, with the ability to analyse complex data, identify trends, and make data-driven decisions. - Excellent leadership abilities, with a track record of building and developing high-performing teams. - Strong negotiation and vendor management skills, with the ability to establish and maintain strategic partnerships. - Proficient in using supply chain management software and systems. - Excellent communication and interpersonal skills, with the ability to effectively collaborate and influence stakeholders at all levels of the organization. - Strong business acumen and the ability to align supply chain strategies with overall business goals.
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