head of procurement

6 days ago

Bengaluru, Karnataka, India People Impact Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Role: Head of Procurement

Department: Procurement

Reports to: CEO

Location: Bangalore

Job Description

Role Objective: The Head of Procurement is responsible for developing and executing strategic procurement plans to

meet the organizations sourcing needs efficiently and cost-effectively. This role oversees the entire procurement

lifecycle, including vendor selection, negotiation, contract management, and cost control, while ensuring compliance

with internal policies and external regulations.

Roles & Responsibilities

  • Develop and implement procurement strategies aligned with company goals.
  • Identify opportunities for cost savings and process improvements.
  • Build and maintain strong relationships with suppliers and service providers.
  • Evaluate supplier performance and negotiate contracts to ensure best value.
  • Lead and develop the procurement team to ensure high performance and continuous improvement.
  • Set clear KPIs and ensure team compliance with procurement policies.
  • Manage procurement budgets and forecasts.
  • Monitor procurement spending and implement controls to reduce waste and inefficiencies.
  • Ensure adherence to company policies, industry regulations, and ethical standards.
  • Implement and maintain procurement systems and tools for efficiency and transparency.
  • Work closely with cross-functional teams including finance, operations, and legal.
  • Provide regular reports on procurement metrics, risks, and strategic initiatives to senior management.

Qualifications and Education Requirements

Bachelor's degree in Supply Chain Management, Business Administration, or a related field.

Threshold Qualifications and Competencies

  • Strong negotiation, analytical, and decision-making skills.
  • Proficient in procurement software and ERP systems.
  • Excellent leadership and communication abilities.
  • development of innovative and impactful systems solutions
  • Strategic Thinking
  • Financial Acumen
  • Negotiation and Contract Management
  • Supplier Relationship Management
  • Risk Management
  • Leadership & Team Development

Experience

  • Minimum 10–12 years of procurement experience, with at least 5 years in a leadership role in similar or allied

industry

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