15h Left: Head of Procurement

19 hours ago

Bengaluru, Karnataka, India Weekday AI Full time
This role is for one of the Weekday's clients

Salary range: Rs 1500000 - Rs 2500000 (ie INR 15-25 LPA)

Min Experience: 12 years

Location: Bengaluru, Karnataka

JobType: full-time

The Head of Procurement is responsible for designing and executing strategic procurement plans to meet organizational sourcing needs in a cost-effective, efficient, and compliant manner. This role oversees the end-to-end procurement lifecycle—including vendor selection, negotiation, contract management, and cost optimization—while ensuring adherence to internal policies, industry regulations, and ethical standards.

Requirements

Key Responsibilities

- Develop and implement procurement strategies aligned with organizational objectives.
- Identify opportunities for cost savings, efficiency gains, and process improvements.
- Build, manage, and sustain strong relationships with suppliers and service providers.
- Negotiate contracts and evaluate supplier performance to ensure the best value and quality standards.
- Lead, mentor, and develop the procurement team to drive high performance and continuous improvement.
- Define clear KPIs and ensure compliance with procurement policies and procedures.
- Manage procurement budgets, forecasts, and spending controls to reduce inefficiencies.
- Ensure compliance with all relevant policies, regulations, and ethical standards.
- Implement and optimize procurement systems, tools, and processes for greater transparency and efficiency.
- Collaborate closely with cross-functional teams, including finance, operations, and legal, to support business objectives.
- Provide senior management with regular reports on procurement metrics, risks, and strategic initiatives.

Qualifications

- Bachelor's degree in Supply Chain Management, Business Administration, or a related field.

Core Competencies

- Strategic Thinking & Financial Acumen
- Strong Negotiation & Contract Management Skills
- Supplier Relationship & Risk Management
- Proficiency in Procurement Software and ERP Systems
- Leadership, Team Development, and Communication Skills
- Ability to develop innovative and impactful procurement solutions

Experience

- 10–12 years of experience in procurement, with at least 5 years in a leadership capacity within a similar or allied industry.

Skills

- Procurement
- End-to-End Procurement

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