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Job Description
Head - Procurement
Roles And Responsibilities
- Strategic Planning: Develop and implement procurement strategies to optimize cost and efficiency. This includes long-term planning for sourcing, vendor management, and material procurement.
- Vendor Performance Monitoring: Regularly assess vendor performance and compliance with contractual obligations. This involves setting performance metrics, conducting reviews, and addressing any issues that arise.
- Cost Optimization: Identify cost-saving opportunities and negotiate better pricing with vendors. This includes analyzing market trends, benchmarking prices, and leveraging the company's purchasing power.
- Product Development Oversight: Oversee the design and development of new products, ensuring they meet market needs and company standards. This includes coordinating with the Product Development team and other departments.
- Market Research: Conduct market research to identify trends and customer needs, and incorporate these insights into procurement and product development strategies.
- Prototyping and Testing: Ensure that prototypes are created and tested to guarantee product functionality and quality. This involves working closely with the Product Development team.
- Cross-Functional Collaboration: Collaborate with other departments such as marketing, sales, and manufacturing to ensure successful product launches and smooth procurement processes.
- Project Management: Manage procurement and product development projects, including timelines, budgets, and resources. This involves coordinating with various stakeholders and ensuring that projects stay on track.
- Customer Feedback Integration: Gather and analyze customer feedback to make continuous improvements to products and procurement processes.
- Regulatory Compliance: Ensure that all procurement activities and products comply with industry standards and regulations. This includes maintaining up-to-date knowledge of relevant laws and guidelines.
- Vendor Relationship Management: Build and maintain strong relationships with vendors to ensure consistent supply and quality. This involves regular communication, performance reviews, and addressing any issues that arise.
- Dispute Resolution: Act as the final level of escalation for disputes with vendors, ensuring that issues are resolved promptly and effectively.
- Training and Development: Provide ongoing training and development opportunities for the procurement team to enhance their skills and stay updated with industry practices.
- Feedback Mechanism: Establish a feedback mechanism to gather input from team members and stakeholders, and use this feedback to continuously improve procurement processes.
Qualifications & Key Skills-
- Bachelor's degree in supply chain management, Business Administration, or a related field.
- 7+ years of experience in procurement or supply chain management. (preferable with the Solar energy field)
- Proficient in systems and procurement software & tools.
- Strong negotiation, communication, and analytical skills with attention to detail.
- Knowledge of procurement regulations and market trends.
- Strategic procurement Planner, Proactive & Smart to handle immediate and urgent scenarios.
- Decision-making & Problem identifying & Solving skills (without dependencies).
- Vendor & Contract Management.
- Cost/Expense and Budget Management.
- Inventory & Risk Management.
- Team Leadership, Reporting and Analytics.
- Compliance and Ethical Practices.
Skills
ProcurementProcurement HeadSourcingSourcing HeadVendor ManagementSupply ChainSupply Chain HeadProcurementSupply Chain ManagementMaterial ProcurementVendor Relationship ManagementAdministrationSupply ChainInventoryIf a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.
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