Manage the procurement of Machinery/Equipment and Professional Services with focus on CapEx & OpEx, driving cost optimization, supplier engagement, compliance, and strategy.
Key Responsibilities:
- Lead supplier negotiations and strategy for Machinery (CapEx & OpEx) and Professional Services
- Conduct supplier assessments and develop performance KPIs
- Undertake study of Machinery & Professional services spend categories / sub categories and develop category strategies
- Drives cost containment / budget management through effective negotiation
- Management of team and develop team skill set
- Effective monitoring of contracts and implementation of the key contract clauses.
- Work with team to develop departmental strategies
- Manage project budgets & provide budgets to business for key sub categories
- Ensure procurement policies are upto date and is followed by the team as per the DOA / SOA matrix
- Ensure procurement compliances are followed and supports audits (internal / external)
- Take up system & process improvement and projects to drive efficiency
- Publish monthly MIS for the department / category
- Analyze spend data and drive category strategies
- Manage budgets and implement cost-saving initiatives
- Lead and mentor procurement team; build departmental capabilities Monitor and enforce contract terms and critical clauses
- Ensure policy compliance per DOA/SOA; support internal and external audits Initiate process improvements and digitalization
- Publish regular MIS reports and drive insights
Experience Required:
- 8-10 years in procurement, particularly with Machinery and Professional Services
Educational Background:
- Bachelor’s degree in Engineering/Statistics.
- MBA in Operations/Supply Chain from a premier Indian institute