Procurement And Supply Chain Executive

Position: Executive – Procurement & Supply Chain

Job Purpose

To manage the organizations 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

• Bachelors degree in Engineering, Supply Chain Management, or Business Administration.
• MBA / Masters 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.