Procurement Head
2 days ago
Gionik is a leading recruitment firm with expertise in hiring candidates in mid-senior to executive-level positions across various industries.
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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