Head - Supply Chain - FMCD/Infra (3-10 yrs)

- We are seeking a highly skilled and motivated Strategic Procurement Manager to lead procurement initiatives, foster strong relationships with suppliers, and ensure the efficient procurement of materials and services.

- This role requires strategic collaboration with cross- functional teams, including Sales, Operations, and Finance, while focusing on market analysis, supplier performance, and contract management.

- The ideal candidate will be responsible for developing procurement strategies, managing the procurement budget, and leading procurement activities with OEMs/ODMs in alignment with company objectives.

Key Responsibilities:

- Identify, evaluate, and establish relationships with contract manufacturers for wires, switches, switchgear, lighting, and other FMEG (Fast-Moving Electrical Goods) products.

- Collaborate with the quality team to monitor the performance of contract manufacturers and explore deeper collaboration opportunities, such as co-investing in capacity expansion.

- Conduct in-depth market analysis and track commodity price fluctuations (Aluminum, Copper, PVC, etc.) to proactively address risks and deviations from procurement targets.

- Develop and execute hedging strategies to mitigate the impact of price volatility on procurement budgets.

- Ensure compliance with all relevant regulatory requirements pertaining to procurement activities, contract management, and hedging strategies.

Strategic Planning and Procurement Management:

- Develop and implement procurement strategies in collaboration with Sales, Operations, Finance, and other cross-functional departments.

- Analyse market trends, evaluate suppliers, and negotiate contracts to secure the best value, quality, and pricing.

- Build and maintain strong relationships with key suppliers to ensure consistency in quality, timely delivery, and cost-effectiveness.

- Design long-term contracts and agreements for contract manufacturing that align with business needs.

- Lead the development and management of the procurement budget, ensuring cost- effective purchasing practices.

- Track, analyse, and report on key procurement metrics to identify areas for improvement and drive business value.

- Develop and implement risk mitigation strategies in response to market trends and price fluctuations.