Chief Procurement Officer

6 days ago

Vadodara, Gujarat, India beBeeProcurement Full time ₹ 1,50,00,000 - ₹ 2,50,00,000

We are seeking a seasoned procurement expert to lead our company's sourcing initiatives.

The ideal candidate will have a proven track record in strategic sourcing, vendor management, and cost optimization.

Key Responsibilities:

  • Strategic Sourcing & Category Management
  • Develop and implement sourcing strategies for key spend categories, including raw materials, solvents, catalysts, packaging, and engineering supplies.
  • Monitor global and domestic chemical markets to anticipate pricing trends and availability.
  • Vendor & Contract Management
  • Identify, assess, and develop suppliers (domestic and international).
  • Lead negotiations and manage long-term agreements, ensuring favorable terms, pricing, and service levels.
  • Certification with REACH, RoHS, and other regulatory guidelines in procurement contracts.
  • Cost Optimization & Budgeting
  • Drive cost reduction initiatives through strategic sourcing, vendor consolidation, and process improvements.
  • Prepare and monitor procurement budgets and ensure adherence to financial targets.
  • Inventory & Supply Assurance
  • Collaborate with production and planning teams to maintain optimum stock levels while minimising working capital.
  • Ensure timely availability of materials to avoid production disruptions.
  • Team Leadership & Process Improvement
  • Lead and develop a high-performing procurement team.
  • Drive digitalization and automation of procurement processes using ERP (SAP/Oracle).
  • Compliance & Risk Management
  • Ensure all procurement activities adhere to legal and company compliance standards.
  • Identify risks in the supply chain and implement contingency plans.

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