Procurement Head

6 days ago

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

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:

Bachelors 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

Experience:

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

Location:- Koramanagala, Bangalore

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