Strategic Procurement Lead
3 days ago
This role reports to the Head of Procurement and is responsible for the procurement of all direct and indirect materials and services, as well as developing a strategic roadmap for the procurement function.
Responsibilities:
- Identify and develop a network of suppliers both within India and overseas, including the development of an alternate supplier base.
- Collaborate with key stakeholders to ensure clarity of specifications and expectations of the company.
- Develop and manage the entire procure-to-pay cycle, including validation of business requirements, commercial negotiations, and timely delivery of agreed quality/specifications by suppliers, including contract manufacturers.
- Track and report key functional metrics to optimize spends and improve effectiveness, with validation and renegotiation of existing terms/contracts.
- Perform risk management for supply contracts and agreements, and develop control strategies to mitigate unfavorable events.
- Implement quality control and quality assurance processes for products.
Qualifications & Experience:
- Bachelor's/Master's degree in Engineering/Science, with an MSc or MBA degree in Procurement/Material Management/Supply Chain Management/Business Administration.
- Minimum 15 years of experience in direct/indirect procurement, with at least 5 years as the head of a procurement function, managing a budget of ₹800-1000 Crores.
- Strong negotiation and commercial skills, with knowledge of costing and tax implications.
- Experience with automation and digitization of procurement processes, using tools like SAP Ariba.
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