Strategic Procurement Leader for Global Supply Chain

1 week ago


Bengaluru, Karnataka, India factori Full time

Company Overview:

Welcome to factori.com, a pioneering platform bridging the gap between global businesses and India's rich manufacturing heritage. We are not just a marketplace; we are a catalyst revolutionizing procurement processes for businesses worldwide by offering diverse 'Made in India' products.

About the Role:

We seek an accomplished Director of Procurement to lead our strategic procurement operations, manage relationships with partner factories, and ensure timely, cost-effective sourcing of high-quality products.

Key Responsibilities:

Procurement Strategy and Supplier Management:

  • Develop and implement a comprehensive procurement strategy aligned with company objectives, ensuring robust, reliable supply chains.
  • Evaluate and onboard new suppliers, fostering strong relationships with partner factories for consistent quality, cost-efficiency, and delivery reliability.

Inventory Optimization and Cost Control:

  • Monitor inventory levels, implement strategies to optimize stock, minimize costs, and avoid stockouts or overstock situations.
  • Analyze procurement spend, identifying opportunities for cost savings and efficiency improvements.

Quality Assurance and Compliance:

  • Closely collaborate with quality assurance teams to ensure procured products meet factori.com's quality standards and compliance requirements.
  • Establish and enforce procurement policies, maintaining consistency, quality, and transparency.

Data-Driven Decision Making:

  • Utilize data analytics to monitor procurement KPIs, forecast demand, and inform purchasing decisions.
  • Present regular reports to senior management, offering data-driven insights and recommendations for continuous improvement.

Cross-Functional Collaboration:

  • Collaborate with sales, marketing, and logistics teams to align procurement strategies with market demand and sales forecasts.
  • Lead initiatives to enhance supply chain processes, reduce lead times, and improve operational efficiency.

Leadership and Team Development:

  • Lead, mentor, and develop a high-performing procurement team, fostering a culture of excellence, innovation, and collaboration.
  • Set clear objectives, provide guidance, and manage the performance of the procurement team.

Requirements:

  • Bachelor's degree in supply chain management, business administration, or a related field. A Master's degree or relevant certification (e.g., CPSM, CPM) is preferable.
  • Proven experience in procurement leadership roles, preferably within a B2B or manufacturing-related industry.
  • Strong negotiation, communication, and interpersonal skills for building supplier relationships.
  • Exceptional analytical and problem-solving skills, with a data-driven approach to decision-making.
  • Demonstrated ability to lead a team and drive results in a fast-paced environment.
  • Familiarity with procurement software, ERP systems, and supply chain management best practices.

Estimated Salary Range:$120,000 - $180,000 per annum, depending on qualifications and experience.



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