Purchase Head

Role & responsibilities

1. Strategic Planning:

• Develop and implement procurement strategies to support the company's growth objectives for domestic and Import items.
• Align procurement activities with overall business goals and project timelines.

2. Strategic Sourcing:

• Identify and source new products from domestic and global companies
• Source alternate products relevant to business from domestic and global sources

3. Supplier Management:

• Identify, evaluate, and select suppliers based on quality, cost, and reliability.
• Establish and maintain strong relationships with key suppliers to ensure a stable supply chain.
• Negotiate contracts to secure favorable terms and conditions.

4. Cost Management:

• Monitor and control procurement costs to stay within budget.
• Implement cost-saving initiatives without compromising on quality.
• Conduct regular reviews and renegotiations of supplier contracts.

5. Risk Management:

• Identify potential risks in the supply chain and develop mitigation strategies.
• Diversify the supplier base to avoid dependency on single sources.
• Ensure contingency plans are in place for potential disruptions.

6. Process Efficiency:

• Streamline procurement processes using advanced software and tools.
• Automate tasks to reduce manual errors and improve efficiency.
• Train the procurement team on new systems and processes.

7. Quality Assurance:

• Ensure all procured materials and services meet quality standards.
• Establish stringent quality control processes and conduct regular supplier audits.
• Address any quality issues promptly to maintain high standards.

8. Team Leadership:

• Lead and mentor the procurement team, fostering a culture of continuous improvement and collaboration.
• Invest in ongoing training and development for team members to enhance their skills and knowledge.
• Encourage the team to attend industry conferences and workshops.

9. Collaboration and Communication:

• Foster strong collaboration with other departments such as finance, projects, stores and pre-sales.
• Ensure clear communication channels to align procurement activities with overall business goals.

10. Performance Measurement:

• Establish key performance indicators (KPIs) to measure procurement efficiency.
• Monitor and report on KPIs to identify areas for improvement and make data-driven decisions.
• Continuously review and refine procurement processes to enhance efficiency and effectiveness.

Skills/Competencies

• Verbal and written communication skills
• Interpersonal skills and the ability to deal confidently with a range of people at all levels
• Planning and organizational skills, with the ability to priorities workload, deal with conflicting demands and meet tight deadlines
• Ability to work successfully as part of several teams with differing agendas and objectives
• Ability to apply tact and discretion in the handling of sensitive material and confidential information.
• Should possess excellent negotiation, networking, and analytical skills
• Creative problem-solving and analytical skills
• Knowledge of sourcing and procurement techniques
• Vendor Issues Management
• Document Management
• Understanding Customers requirements
• Supplier Performance Evaluation
• Team work
• Quality plan awareness
• Decision making
• New Vendor Development
• Understanding Of E-Procurement

Education and/or Work Experience:

• Degree/Diploma : BE Mechanical Engineering + MBA
• Years of Experience 12 years +