1. Strategic Procurement Leadership
- Develop and implement procurement strategies aligned with organizational goals.
- Manage supply chain risks and opportunities.
- Drive cost reduction and value engineering initiatives.
2. Supplier and Vendor Management
- Identify, evaluate, and onboard suppliers for materials, components, and services.
- Negotiate contracts, pricing, and SLAs.
- Monitor and improve supplier performance through KPIs and audits.
- Build strategic partnerships with key suppliers and service providers.
3. Services Hiring and Outsourcing
- Manage sourcing and procurement of outsourced jobs, subcontracting, and services (e.g., machining, fabrication, testing).
- Identify reliable service vendors and negotiate terms and conditions.
- Oversee service-level agreements to ensure quality, timeliness, and cost-effectiveness.
- Collaborate with departments to determine outsourcing needs and opportunities.
4. Logistics and Supply Chain Coordination
- Manage logistics operations related to inbound and outbound material movement.
- Coordinate with warehousing, transportation, and customs teams for timely delivery.
- Optimize logistics cost and lead times.
- Implement inventory management practices such as JIT, Kanban, or VMI to support production flow.
5. Import & International Trade Knowledge
- Strong understanding of imports in India, including customs clearance procedures and regulations.
- Expertise in international trade terms, specifically Incoterms, to manage global supplier contracts and shipments effectively.
- Liaise with freight forwarders, customs brokers, and regulatory agencies to ensure compliance.
6. Knowledge of GST in India
- In-depth knowledge of GST (Goods and Services Tax) as it applies to procurement and supply chain activities.
- Ensure compliance with GST regulations in vendor payments, input tax credit, and documentation.
- Collaborate with finance and tax teams to optimize tax efficiencies related to procurement.
7. Cost and Spend Management
- Conduct spend analysis and implement category management.
- Control procurement budgets and financial reporting.
- Identify opportunities for cost optimization and risk mitigation.
8. Team and Cross-Functional Leadership
- Lead, mentor, and develop the procurement team.
- Collaborate closely with engineering, production, quality, finance, R&D, and supply chain functions.
- Support new product introduction through early supplier involvement and procurement planning.
9. Procurement Operations and Compliance
- Ensure timely purchasing and availability of materials and services.
- Maintain compliance with company policies, legal, regulatory, and quality standards.
- Leverage procurement technologies and ERP systems to streamline operations.
10. Sustainability and ESG Initiatives
- Source sustainable and ethically produced materials and services.
- Integrate ESG considerations into procurement decisions.
- Support circular economy and environmental sustainability efforts.