Head of Procurement

2 weeks ago

Bengaluru, Karnataka, India Weekday AI Full time ₹ 15,00,000 - ₹ 25,00,000 per year

This role is for one of the Weekday's clients

Salary range: Rs Rs ie INR 15-25 LPA)Min Experience: 12 years

Location: Bengaluru, Karnataka

JobType: full-time

The Head of Procurement is responsible for designing and executing strategic procurement plans to meet organizational sourcing needs in a cost-effective, efficient, and compliant manner. This role oversees the end-to-end procurement lifecycle—including vendor selection, negotiation, contract management, and cost optimization—while ensuring adherence to internal policies, industry regulations, and ethical standards.

Requirements
Key Responsibilities
  • Develop and implement procurement strategies aligned with organizational objectives.
  • Identify opportunities for cost savings, efficiency gains, and process improvements.
  • Build, manage, and sustain strong relationships with suppliers and service providers.
  • Negotiate contracts and evaluate supplier performance to ensure the best value and quality standards.
  • Lead, mentor, and develop the procurement team to drive high performance and continuous improvement.
  • Define clear KPIs and ensure compliance with procurement policies and procedures.
  • Manage procurement budgets, forecasts, and spending controls to reduce inefficiencies.
  • Ensure compliance with all relevant policies, regulations, and ethical standards.
  • Implement and optimize procurement systems, tools, and processes for greater transparency and efficiency.
  • Collaborate closely with cross-functional teams, including finance, operations, and legal, to support business objectives.
  • Provide senior management with regular reports on procurement metrics, risks, and strategic initiatives.
Qualifications
  • Bachelor's degree in Supply Chain Management, Business Administration, or a related field.
Core Competencies
  • Strategic Thinking & Financial Acumen
  • Strong Negotiation & Contract Management Skills
  • Supplier Relationship & Risk Management
  • Proficiency in Procurement Software and ERP Systems
  • Leadership, Team Development, and Communication Skills
  • Ability to develop innovative and impactful procurement solutions
Experience
  • 10–12 years of experience in procurement, with at least 5 years in a leadership capacity within a similar or allied industry.
Skills
  • Procurement
  • End-to-End Procurement

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