Chief Procurement Strategist

3 days ago

Hyderabad, Telangana, India beBeeProcurement Full time ₹ 81,07,200 - ₹ 1,01,48,800
Senior Procurement Manager Position

About the Role:

The Senior Procurement Manager will play a pivotal part in shaping and executing procurement strategies that empower teams to meet current and future needs.

Main Responsibilities:
  • Leadership and Team Development:
    • Mentor, guide, and provide strategic direction to team members.
    • Evaluate alignment with organizational objectives and foster an environment of continuous improvement and high performance.
    • Select and onboard new team members for the FE Spare organization.
  • Supplier Management:
    • Oversight of tailspend spares suppliers is required.
    • Drive supplier selection, negotiation, and performance management to align procurement activities with cost, quality, and delivery expectations.
    • Manage over 2000 suppliers in tailspend supplier tiers, necessitating expertise in data analytics and pathfinding for cost-saving initiatives.
  • Commodity and Sourcing Strategy:
    • Develop and implement sourcing strategies for key equipment spares commodities and suppliers.
    • Identify cost-saving opportunities, mitigate risks, and ensure the sustainability of the supply chain.
    • Lead sourcing activities, including RFPs, contract negotiations, and supplier relationship management.
  • Stakeholder Collaboration:
    • Collaborate closely with internal cross-functional teams such as engineering, operations, ISM, and finance.
    • Ensure alignment of procurement activities with business needs.
    • Address supply chain disruptions, optimize inventory levels, and support long-term operational goals.
  • Cost and Spend Management:
    • Oversee procurement budget and drive cost reduction initiatives, particularly within tail spend categories.
    • Monitor procurement spend, identify inefficiencies, and implement strategies to maximize value from the supplier base.
  • Key Skills:
    • Tech savvy individuals should be adept at collaborating on technical development projects, possessing thorough knowledge of supplier capabilities and market trends.
    • Familiarity with business development principles and analytical techniques will benefit those applying.
  • About This Opportunity:
    • This role offers a chance to develop and execute impactful procurement strategies.
    • Potential candidates should be comfortable navigating complex procurement challenges.

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