Head - Procurement

Head of Procurement

:

Procurement Head
Location : Bangalore (Electronic City)
Department : Supply Chain / Procurement
Reporting To : VP - SCM & Operations

Role Purpose :
The Procurement Head will lead and manage the end-to-end procurement strategy for the company, ensuring cost-effective sourcing, supplier optimization, quality compliance, and uninterrupted supply of raw materials, packaging, and services. This role will play a critical part in driving operational efficiency, cost savings, and strategic vendor partnerships aligned with business objectives.
Key Responsibilities :
Strategic Procurement :
- Develop and implement procurement strategies aligned with business goals.
- Drive cost optimization initiatives while maintaining quality and compliance standards.
- Identify and mitigate supply chain risks through proactive planning and sourcing strategies.
Vendor Management :
- Build and maintain strong relationships with key suppliers and vendors.
- Evaluate vendor performance and implement supplier development programs.
- Negotiate contracts, pricing, and service agreements to achieve optimal value.
Sourcing & Supply Planning :
- Ensure timely sourcing of raw materials, packaging materials, and indirect spend items.
- Collaborate with R&D, production, and quality teams for demand planning and new product requirements.
- Monitor inventory levels and ensure optimal stock availability.
Cost Control & Budgeting :
- Prepare and manage procurement budgets.
- Track cost savings initiatives and deliver measurable financial impact.
- Analyze market trends and pricing to support strategic sourcing decisions.
Compliance & Quality :
- Ensure procurement activities comply with regulatory, quality, and sustainability standards.
- Work closely with QA/QC teams to ensure supplier compliance and certifications.
Team Leadership :
- Lead, mentor, and develop the procurement team.
- Establish KPIs and monitor team performance.
- Foster a culture of accountability, collaboration, and continuous improvement.
Stakeholder Management :
- Collaborate with internal stakeholders across manufacturing, finance, R&D, and marketing.
- Provide procurement insights to support business decisions and growth initiatives.
Key Requirements :
Education :
- Bachelors degree in Supply Chain Management, Procurement, Business Administration, or related field.
- MBA or relevant advanced degree preferred.
Experience :
- +15 years of experience in procurement, with at least 5+ years in a leadership role.
- Experience in pharmaceutical, nutraceutical, animal health, or herbal products industry preferred.
Skills & Competencies :
- Strong negotiation and contract management skills.
- Strategic thinking with strong analytical capabilities.
- Excellent stakeholder management and communication skills.
- Deep understanding of supply chain processes and procurement best practices.
- Ability to lead teams and drive change initiatives.
Key Performance Indicators (KPIs) :
- Cost savings and procurement efficiency
- Supplier performance and reliability
- On-time availability of materials
- Inventory optimization
- Compliance and audit outcomes