Chief Procurement Officer (CPO)
Role Purpose
Lead and optimize all procurement activities strategic sourcing, supplier management, master data governance, and logistics to ensure timely, cost-effective supply of materials and services across multiple locations. Build a high‑performing team, drive digital transformation, and leverage supplier intelligence to support organizational goals.
Key Responsibilities
- Strategic Sourcing & Planning
- Develop and execute procurement strategies aligned with annual and long‑term plans.
- Manage procurement budget; monitor spend and identify cost‑reduction opportunities.
- Lead category analyses (raw materials, MRO, packaging) to establish RFQ/Tender/ARC/catalogue approaches.
- Master Data Management & Governance
- Ensure accuracy and consistency of procurement master data (suppliers, materials, records).
- Implement data governance policies to maintain compliance and data integrity.
- Organization Design & Team Leadership
- Design and structure the procurement function; define roles, responsibilities, and reporting.
- Build and mentor a capable team, set performance metrics, manage engagement, and drive capability building in sourcing competencies.
- Procurement & Logistics Operations
- Define and enforce policies, SOPs, templates, and workflows for end‑to‑end procurement.
- Oversee purchase‑order processing (adhering to approval matrices), inbound logistics coordination, and inventory management.
- Implement digital procurement tools to streamline processes and improve accuracy.
- Supplier Intelligence & Relationship Management
- Gather and analyze market and supplier data (commodity indices, price trends) to inform decisions.
- Establish and maintain strategic supplier relationships; conduct performance reviews and feedback sessions.
- Compliance & Risk Management
- Ensure all procurement activities comply with internal policies, ethical standards, and regulatory requirements.
- Identify supply‑chain risks (market volatility, currency fluctuations) and implement mitigation strategies (hedging, alternate sourcing).
- Health, Safety & Environmental (HSE)
- Promote and enforce safety and environmental standards (e.g., ISO 45001, ISO 14001) within procurement and logistics operations.
- Drive sustainable procurement initiatives (e.g., responsible sourcing, waste reduction).
Qualifications & Skills
- Education:
- Bachelors in Engineering (Mechanical preferred) or B.Sc.
- MBA in Operations/Supply Chain (highly desirable).
- Professional certifications (e.g., CPSM, CSCM) a plus.
- Experience:
- 15 18 years in procurement/supply‑chain within manufacturing (ideally metals/industrial products).
- 5 7 years in a senior procurement leadership role in a mid‑sized organization (~ 1,000 1,500 Cr turnover).
- Technical Knowledge:
- Expertise in strategic sourcing, supplier relationship management, and commodity markets (MCX, LME).
- Strong track record of digital procurement transformation (e‑sourcing tools, analytics).
- Deep understanding of logistics (inbound/outbound), import‑export regulations, and global supply‑chain compliance.
- IT Skills:
- ERP: Advanced (10+ years).
- Excel/Google Sheets: Advanced (5+ years).
- Analytics Tools (e.g., BI platforms): Advanced (3+ years).
- Personal Attributes:
- High integrity and ethical conduct.
- Strong leadership and team‑building skills; proven ability to mentor and develop talent.
- Excellent communication and stakeholder‑management abilities.
- Willingness to travel frequently across plant and supplier locations.
- Analytical mindset with the ability to convert data into actionable strategies.