Vice President Procurement

RK Business Group; Delhi; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

RK Business Group is seeking an experienced Procurement & Supply Chain Manager to lead strategic procurement, vendor management, cost optimization, sourcing, and supply continuity in Delhi, India.

The role emphasizes driving procurement savings, managing vendors, and ensuring timely delivery, quality, and compliance with procurement policies, while leading a team and mitigating supply-chain risks.

Qualifications

• 1515 years of experience in Procurement, Strategic Sourcing, Vendor Management, and Supply Chain.
• Strong commercial negotiation and analytical skills.
• Experience in vendor development, cost optimization, contracts, and procurement MIS.
• Good understanding of ERP/Procurement systems and Excel-based analytics.
• Strong leadership, stakeholder management, and problem-solving capabilities.

Responsibilities

• Cost Optimization
• Vendor Management
• Strategic Sourcing
• Purchase Planning
• Commercial Negotiation
• Quality Management
• Delivery & TAT Management
• Inventory Optimization
• Procurement Compliance
• Purchase Order Management
• Vendor Performance Management
• Procurement MIS & Analytics
• Contract Management
• Team Management
• Risk Management

Job description

Job Opportunity Procurement & Supply Chain Manager

We are looking for an experienced Procurement & Supply Chain Manager to lead strategic procurement, vendor management, cost optimization, sourcing, and supply continuity.

Key Result Areas (KRA)

• 1. Cost Optimization
  Achieve annual procurement savings through negotiation, competitive bidding, vendor consolidation, and alternate sourcing.
• 2. Vendor Management
  Identify, evaluate, onboard, and periodically assess vendors based on cost, quality, delivery, and service.
• 3. Strategic Sourcing
  Develop sourcing strategies and alternate supplier networks to reduce dependency and procurement risks.
• 4. Purchase Planning
  Ensure timely procurement of materials and services as per business requirements.
• 5. Commercial Negotiation
  Negotiate pricing, payment terms, credit period, delivery schedules, warranty, and other commercial conditions.
• 6. Quality Management
  Ensure all procured materials/services meet approved quality standards and specifications.
• 7. Delivery & TAT Management
  Monitor POs and vendor commitments to ensure timely delivery and avoid business/operational disruptions.
• 8. Inventory Optimization
  Coordinate with Stores and Operations to maintain optimum inventory levels and minimize excess/obsolete stock.
• 9. Procurement Compliance
  Ensure compliance with procurement policies, approval matrix, delegation of authority, and audit requirements.
• 10. Purchase Order Management
  Ensure accurate and timely creation, approval, monitoring, and closure of POs.
• 11. Vendor Performance Management
  Track key vendor KPIs including Quality, Cost, Delivery, Responsiveness, and Service Level.
• 12. Procurement MIS & Analytics
  Prepare monthly MIS covering procurement spend, savings, vendor performance, pending POs, purchase cycle time, and key procurement metrics.
• 13. Contract Management
  Manage rate contracts, AMC/service contracts, commercial agreements, renewals, and contract expiry timelines.
• 14. Team Management
  Lead, develop, and motivate the procurement team while monitoring individual and team performance.
• 15. Risk Management
  Identify supply-chain risks and develop alternate sources for critical materials and services.

Key Performance Measurements

• Procurement savings %
• Cost reduction achieved
• Vendor OTIF (On-Time-In-Full) %
• Purchase cycle time
• Vendor quality performance
• Inventory optimization
• PO closure rate
• Alternate vendor development
• Contract renewal compliance
• Procurement policy compliance
• Supplier performance score
• Team productivity

Ideal Candidate

1515 years of experience in Procurement, Strategic Sourcing, Vendor Management, and Supply Chain.
Strong commercial negotiation and analytical skills.
Experience in vendor development, cost optimization, contracts, and procurement MIS.
Good understanding of ERP/Procurement systems and Excel-based analytics.
Strong leadership, stakeholder management, and problem-solving capabilities.