Deputy General Manager-Procurement
3 days ago
Job Summary :
The Deputy General Manager (DGM) Procurement will oversee the organizations procurement activities, ensuring that all goods and services are sourced effectively and efficiently while maintaining cost-efficiency, quality, and compliance with relevant regulations. The DGM will lead a team of procurement professionals, develop procurement strategies, manage vendor relationships, and play a crucial role in aligning procurement operations with organizational goals
Role & Responsibilities :
Procurement Strategy & Planning:
- Develop and implement procurement strategies aligned with organizational objectives.
- Plan and manage the procurement budget to ensure cost control and savings.
Vendor Management:
- Identify, evaluate, and establish relationships with suppliers and vendors.
- Negotiate contracts, terms, and conditions with vendors to ensure best value.
- Ensure supplier performance meets company standards and maintain effective vendor relations.
Team Leadership & Development:
- Lead and mentor a team of procurement professionals, fostering a culture of continuous improvement.
- Manage the team's performance, providing training, development, and career growth opportunities.
Sourcing & Purchasing:
- Oversee the sourcing and purchasing of materials, equipment, and services.
- Ensure timely procurement to meet production and operational requirements.
- Compliance & Risk Management:
- Ensure adherence to procurement policies, company regulations, and industry standards.
- Maintain compliance with legal and environmental regulations.
Reporting & Analysis:
- Monitor procurement performance and generate reports for senior management.
- Provide insights on cost-saving opportunities, vendor performance, and procurement trends.
Cross-Department Collaboration:
- Collaborate with internal stakeholders, such as finance, operations, and project management, to meet procurement needs.
- Ensure that procurement timelines align with production schedules and project milestones.
Innovation & Process Improvement:
- Continuously seek opportunities to streamline procurement processes, implement technology solutions, and innovate procurement practices.
- Drive cost-saving initiatives through strategic sourcing and process enhancements
Preferred candidate profile :
- Minimum 10 years of experience in procurement, with at least 5 years in a leadership role.
- Proven experience in managing procurement teams and large-scale sourcing projects.
Desired Qualification:
- Bachelors degree in Business Administration, Supply Chain Management, Engineering, or a related field.
- A Master's degree or relevant certifications (e.g., CIPS, CPM) is preferred.
Skills and Knowledge :
Technical Skills:
- Strong understanding of procurement processes, vendor management, and contract negotiation.
- Proficiency in procurement software and ERP systems (SAP, Oracle, etc.).
- Advanced Excel and data analysis skills.
Leadership & Communication:
- Strong leadership, decision-making, and team management skills.
- Excellent communication, negotiation, and interpersonal skills.
- Ability to interact with senior leadership and external stakeholders effectively.
Behavioral / Leadership
- Takes initiative
- Collaboration and networking
- Result orientation
- Problem solving
- People and team leadership
- Coaching and mentoring
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