Deputy General Manager - Procurement

Gold Plus Glass Industry; Delhi; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Gold Plus Glass Industry in Delhi, India seeks a seasoned procurement leader to design and execute strategic sourcing programs across categories, focusing on TCO and supplier development. You will negotiate long-term contracts, optimize supplier portfolios, and drive cost-saving initiatives while managing inventory and working capital.

The role requires 10-15+ years in manufacturing procurement, with expertise in category strategy, risk management, and ERP-based procurement processes.

Qualifications

• Qualification: Graduate in Engineering / Supply Chain / Business Administration or equivalent.
• Experience: 10-15+ years of relevant experience in procurement, with significant exposure to manufacturing/process industries and large-value negotiations.

Responsibilities

• Develop annual and long-term procurement strategies and category-wise sourcing plans.
• Drive strategic sourcing and Total Cost of Ownership (TCO) analyses rather than purchase price alone.
• Lead major negotiations, annual rate contracts and long-term supply agreements.
• Develop supplier base and manage contracts with price revision, quality, delivery and penalties.
• Optimize inventory levels, safety stocks, and procurement frequency to reduce working capital.

Skills

Strategic sourcing

Negotiation

Cost analysis

Supplier development

Procurement analytics

Inventory management

Risk management

Education

Graduate in Engineering / Supply Chain / Business Administration or equivalent

Tools

ERP

Job description

Role & responsibilities

A. Strategic Procurement & Cost Management

• Develop annual and long-term procurement strategies and category-wise sourcing plans.
• Drive strategic sourcing and Total Cost of Ownership (TCO) rather than purchase price alone.
• Identify opportunities for price reduction, volume benefits, specification optimization, alternate materials, localization, import substitution, supplier consolidation and logistics optimization.
• Conduct commodity-market intelligence, benchmarking and should-cost/target-cost analysis.
• Lead major commercial negotiations, annual rate contracts and long-term supply agreements.

B. Supplier & Contract Management

• Develop a robust and competitive supplier base and qualify alternate sources for critical materials.
• Develop strategic suppliers and drive supplier improvement.
• Monitor single-source and supplier-concentration risks.
• Negotiate contracts incorporating appropriate provisions for price revision, commodity-index linkage, quality, delivery, penalties, credit terms, warranty, supply continuity, termination and dispute resolution.
• Review major contracts to identify commercial leakage and ensure compliance.

C. Inventory & Working Capital

• Optimize inventory levels, safety stocks and procurement frequency.
• Reduce slow/non-moving and obsolete inventory.
• Improve inventory turns and align procurement with production requirements.
• Optimize payment terms while maintaining supplier continuity.
• Contribute directly to reduction in overall working capital.

D. Risk Management & Business Continuity

• Establish procurement risk-management systems covering commodity volatility, supplier financial risk, single-source dependency, import dependency, logistics disruption, energy-price fluctuations, quality failures and capacity constraints.
• Ensure Primary Supplier + Alternate Supplier + Contingency Plan for strategically critical categories.

E. Procurement Governance & Digitalization

• Ensure compliance with Procurement Policy, Delegation of Authority, competitive bidding, vendor-selection procedures and contract-approval processes.
• Maintain high standards of transparency, ethics and control.
• Drive ERP-based procurement, e-tendering/e-auctions, vendor portals, spend analytics and contract management.
• Develop a management dashboard covering Spend | Savings | Commodity Prices | Open POs | Inventory | Supplier Performance | Contracts | Risks.

3. TEAM & LEADERSHIP

• Build strong capabilities in strategic sourcing, negotiation, cost analysis and supplier development.
• Establish performance targets and succession plans.

QUALIFICATION & EXPERIENCE

Qualification: Graduate in Engineering / Supply Chain / Business Administration or equivalent

Experience: 10-15+ years of relevant experience, including significant procurement experience in manufacturing/process industries. Experience in glass, ceramics, building materials, chemical, automotive or similar industries, strategic sourcing, commodity procurement, large-value negotiations and supplier development is preferred.

Preferred candidate profile

Functional: Strategic sourcing, commodity management, negotiation, contract management, cost analysis, supplier development, procurement analytics, inventory and risk management.

Personal: High integrity, analytical ability, result orientation, negotiation maturity, strong communication and ethical approach.