Chief Procurement Officer

2 days ago

Alleppey, Kerala, India beBeeprocurement Full time ₹ 1,80,00,000 - ₹ 2,20,00,000
Procurement Leader

We seek an experienced procurement expert to lead our organization's procurement operations.

Key Responsibilities:
  • Strategic Sourcing & Planning:
    • Develop and implement procurement strategies aligned with business objectives and project timelines.
    • Drive bulk buying and project-based procurement for long lead items and engineered bought-outs.
    • Establish rate contracts, manage e-auctioning platforms, and oversee price benchmarking for strategic categories.
    • Analyze spend data and identify cost optimization opportunities using business intelligence tools.
  • Operational Procurement:
    • Oversee day-to-day procurement of project materials including fabrication and critical bought-out items.
    • Ensure timely delivery of materials to meet project schedules across multiple sites and units.
    • Manage bank guarantees, letters of credit (LCs), and ensure compliance with financial risk mitigation tools.
  • Vendor & Contract Management:
    • Build and maintain strong relationships with suppliers and key stakeholders.
    • Develop a reliable vendor base; evaluate and onboard new vendors with technical and commercial screening.
    • Negotiate contracts with suppliers and contractors; ensure contract closure, vendor evaluation, and continuous performance monitoring.
    • Resolve vendor claims, legal disputes, and initiate legal actions when necessary in coordination with the legal and finance teams.
  • Systems & Tools:
    • Lead adoption and improvement of procurement processes on enterprise resource planning, product lifecycle management, and data analytics through business intelligence dashboards.
    • Ensure procurement records, approvals, and documentation are accurate and audit-ready.
Requirements:
  • Bachelor's degree in a relevant field such as engineering or business administration.
  • 15-20 years of experience in project procurement with at least 5-7 years in a leadership role, preferably in the EPC or industrial equipment sector.
  • Exposure to project procurement, rate contracting, and e-auctions is highly desirable.
Benefits:
  • Strong knowledge of project procurement, rate contracting, and e-auctions.
  • Familiarity with technical specifications of projects and bought-out items.
  • Proficiency in enterprise resource planning systems, Microsoft Excel, and business intelligence platforms.
  • Knowledge of commercial terms, international commercial terms, bank guarantees, and import/export documentation.
Leadership Skills:
  • Ability to lead a cross-functional team and manage diverse procurement categories.
  • Strong negotiation and persuasion skills for high-value sourcing.
  • Drive team performance management, KPI tracking, and people development through structured training and mentoring.
  • Risk identification, mitigation planning, and strategic decision-making.
KPIs:
  • On-time material availability for projects.
  • Procurement cost savings vs. budget.
  • Rate contract/e-auctioning coverage.
  • Vendor performance index (OTIF, quality, responsiveness).
  • Contract closure and claim resolution time.
  • Internal and external audit compliance.
  • Team engagement and capability development.

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