Chief Procurement Officer

12 hours ago

Hyderabad, Telangana, India beBeeProcurement Full time ₹ 20,00,000 - ₹ 25,00,000
Procurement Leader

 

Job Summary:

We are seeking an experienced and strategic procurement leader to drive business growth through innovative procurement solutions.

Key Responsibilities:

  • Develop and execute effective purchasing strategies to ensure optimal cost, quality, and delivery timelines.
  • Lead and mentor the procurement team to meet organizational objectives.
  • Negotiate contracts and agreements with suppliers, ensuring favorable pricing, terms, and service levels.
  • Analyze market trends, pricing, and supplier performance to identify cost-saving opportunities and mitigate risks.
  • Ensure compliance with company policies, procurement procedures, and regulatory requirements.
  • Collaborate with internal departments to forecast procurement needs.
  • Evaluate supplier capabilities and develop long-term, strategic supplier partnerships.
  • Prepare and present periodic reports on procurement performance, cost savings, and vendor efficiency to senior leadership.

Qualifications:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
  • Minimum 7 years of experience in procurement or purchasing, with at least 3 years in a leadership/managerial role.
  • Demonstrated success in strategic negotiations, vendor development, and cost optimization.
  • Proficient in procurement software, ERP systems, and data analysis tools.
  • Strong understanding of supply chain principles, contract law, and market dynamics.

Required Skills and Qualifications:

  • Strategic Planning & Execution
  • Strong Negotiation & Persuasion
  • Supplier/Vendor Relationship Management
  • Market Research & Trend Analysis
  • Budgeting & Cost Control
  • Team Leadership & Development
  • Analytical Thinking & Problem Solving
  • Excellent Verbal and Written Communication

Benefits:

Our ideal candidate will have strong negotiation skills, market insight, and the ability to lead a team toward achieving organizational procurement goals.

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