General Manager- Head of Procurement
2 months ago
About the Company
Our client is a leading monopoly brand in India and an employee-friendly company. The company has a rich history and has been a significant player in the Indian market for over a century.
This role comes with excellent company perks, including housing, a car, and club benefits.
About the Role
This role is responsible for procuring all direct and indirect materials and services, as well as developing a strategic roadmap for the procurement function.
Responsibilities
Responsible for all direct/indirect procurement of raw materials, commodities, finished products, components, CAPEX Items and services
Identification of suppliers both with India and overseas including the development of the alternate supplier base
Responsible for the entire procure to pay-cycle with validation of business requirements, commercial negations (RFQ / Auctions) and timely delivery of agreed quality/specs by the suppliers including contract manufacturers
Collaborate with key stakeholders to ensure clarity of the specifications and expectations of the company.
Understand market dynamics with the Supplier Network in-terms consumer megatrends and new product development in the market
Track and report key functional metrics to optimize spends and improve effectiveness with validation and re-negotiation of existing terms/contracts
Foresee alterations in the comparative negotiating ability of suppliers and clients. Expect unfavorable events through analysis of data and prepare control strategies. Perform risk management for supply contracts and agreements.
Expect unfavorable events through analysis of data and prepare control strategies.
Perform risk management for supply contracts and agreements.
Identification and active management of the procurement of at-risk components of the supply chain on an ongoing basis.
Work on localization projects to ensure cost-effective options for sourcing are identified and developed locally.
Responsibility for implementation of QC/QA for the product.
Build /fine-tune systems and processes for procurement function, especially for indirect spends under SAP Ariba Environment
Qualifications & Experience
Bachelor’s/Master’s degree in Engineering/Science graduate
MSc or MBA degree in procurement / material management/supply chain management/business administration.
Minimum 15 years of proven working experience in direct/indirect procurement and heading Procurement Function of 800-1000 Crores, since the last 5 years.
Strong commercial/negotiation skills with knowledge of costing and tax implications
Collaboration with internal and external stakeholders with bias for accountability would key success metric for the position
Leveraging the use of technology for automation and digitization
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