Position: Executive - Procurement & Supply Chain
Job Purpose
To manage the organization's end-to-end procurement and supply chain operations, ensuring cost-effective sourcing, timely availability of materials, supplier performance, inventory optimization, and uninterrupted business operations.
Key Roles & Responsibilities
- Strategic Procurement: Develop and execute procurement strategies aligned with business objectives, ensuring cost optimization, quality, and timely purchasing.
- Strategic Sourcing: Identify, evaluate, negotiate, and finalize suppliers, vendors, rate contracts, and long-term sourcing agreements.
- Supplier Management: Develop strategic supplier relationships, monitor vendor performance, conduct supplier evaluations, and ensure compliance with contractual obligations.
- Cost Optimization: Drive cost reduction, value engineering, competitive bidding, alternate sourcing, and procurement savings.
- Inventory Management: Optimize inventory levels, ensure material availability, minimize excess and obsolete stock, and improve inventory turnover.
- Risk & Compliance: Ensure procurement governance, internal controls, statutory compliance, risk mitigation, and business continuity.
- Digitalization: Drive procurement automation, ERP utilization, MIS reporting, data analytics, and process improvements.
- Team Leadership: Lead, mentor, and develop procurement and supply chain team, ensuring accountability and operational excellence.
- Stakeholder Coordination: Work closely with Finance, Operations, Projects, Manufacturing, Quality, and other business functions to meet organizational requirements.
Qualifications & Experience
- Bachelor's degree in Engineering, Supply Chain Management, or Business Administration.
- MBA / Master's in Supply Chain or Operations Management preferred.
- 4-6 years of relevant experience
- Strong experience in strategic sourcing, procurement, vendor management, logistics, and inventory control.
- Experience in ERP and procurement transformation.
Overall Accountability:
To establish a cost-efficient, reliable, transparent, and agile procurement and supply chain function that supports business growth, operational excellence, and profitability.