Chief Sourcing Strategist

2 weeks ago

Bikaner, Rajasthan, India beBeeProcurement Full time ₹ 1,50,00,000 - ₹ 2,50,00,000
Procurement Lead

  • Develop and execute effective sourcing strategies for the Air Pollution Control business, leading the procurement function as a senior professional.
  • Ensure cost-effective and timely procurement of materials, equipment, and services required for project execution with strong governance and compliance to procurement policies.
Key Responsibilities:
  • Strategic Procurement & Planning:
    • Align procurement strategies 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 advanced tools.
  • Operational Procurement:
    • Oversee day-to-day procurement of project materials including Fabrication & 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 legal and finance teams.
    • Govern all procurement contracts with adherence to credit/debit policies, procurement policies, and contractual SLAs.
  • Systems & Tools:
    • Lead adoption and improvement of procurement processes on ERP, PLM, DPT, and data analytics through Power BI dashboards.
    • Ensure procurement records, approvals, and documentation are accurate and audit-ready.
  • Skills & Competencies:
    • Functional & Technical Skills:
      • Strong knowledge of project procurement, rate contracting, and e-auctions.
      • Familiarity with technical specifications of EPC/APC projects and bought-out items.
      • Proficiency in ERP systems (e.g., SAP/Oracle), MS Excel (advanced), Power BI, and PLM platforms.
      • Knowledge of commercial terms, INCO terms, BG/LCs, and import/export documentation.
    • Leadership & Managerial Competencies:
      • Ability to lead a cross-functional team and manage diverse procurement categories.
      • Strong negotiation and persuasion skills for high-value/volume sourcing.
      • Drive team performance management, KPI tracking, and people development through structured training and mentoring.
      • Risk identification, mitigation planning, and strategic decision-making.
    • Risk Management & Compliance:
      • Ensure all procurement activities comply with company policies, ethical standards, and legal requirements.
      • Identify risks in the supply chain and develop mitigation strategies.
      • Manage contracts, licenses, and documentation related to procurement.
    • Behavioral Skills:
      • High integrity, ethical conduct, and accountability.
      • Strong communication and stakeholder management across engineering, project management, finance, and legal functions.
      • Agility, problem-solving mindset, and focus on continuous improvement.
      • Conflict resolution and team collaboration under pressure situations.
    • Key Performance Indicators (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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