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Job Description
KEY ROLES/RESPONSIBILITIES:
1. Strategic Leadership:
- Develop and implement a comprehensive procurement strategy for MRO, services, consumables, IT, travel, gifting and other indirect spend aligning with organizational goals.
- Drive innovation in procurement processes, implementing best practices to improve efficiency and sustainability in sourcing.
- Implement digitization initiatives to enhance efficiency, transparency, and accuracy in procurement operations.
- Establish and maintain policies, standards, and guidelines to support ethical and effective procurement practices.
2. Service Metrics Improvement:
- Enhance service metrics such as Turnaround Time (TAT) from Purchase Requisition (PR) to Purchase Order (PO), and PO to Goods Receipt (GR).
- Develop and implement strategies to streamline procurement processes and reduce cycle times.
3. Spend Management & Analytics:
- Utilize advanced spend management analytics to identify cost-saving opportunities and optimize procurement spend.
- Implement tools and methodologies to monitor and analyze procurement data.
- Establish and implement a category management structure to achieve cost efficiencies.
- Globalize vendor bases to leverage economies of scale and improve supplier performance.
4.Team Management and Development:
- Build, mentor, and lead a high-performing procurement team, promoting a culture of collaboration, accountability, and professional growth.
- Set clear objectives, KPIs, and performance metrics for the procurement team to ensure alignment with project and corporate goals.
- Lead change management efforts to drive adoption of new tools, processes, and strategies across the procurement team and relevant stakeholders.
5. Supplier and Contract Management:
- Identify, evaluate, and manage key suppliers, ensuring strong partnerships, quality standards, and on-time delivery for critical engineering projects.
- Oversee the negotiation of contracts, including terms, pricing, service levels, and risk management provisions.
- Establish risk management frameworks for supplier relationships, ensuring contingency planning and supplier risk mitigation.
6. Sustainability and Compliance:
- Champion sustainable and ethical sourcing practices, ensuring alignment with the companys environmental, social, and governance (ESG) goals.
- Ensure compliance with all relevant legal, regulatory, and corporate policies across procurement activities
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KEY COMPETENCIES:
- Exceptional negotiation skills, with experience managing complex supplier relationships and contracts.
- Strong analytical and financial acumen, with a focus on cost savings and value creation.
- Familiarity with digital procurement tools, usage of AI / ML based models and ERP systems (preferably S4HANA)
- Excellent communication, collaboration, and leadership skills, with the ability to influence stakeholders at all levels.
- Deep understanding of engineering and capital project lifecycles.
- Knowledge of sustainability practices in procurement and sourcing.
- Experience in implementing change management initiatives and continuous improvement programs.
ESSENTIAL QUALIFICATION:
- A bachelors degree in engineering, Operations Management, Business Administration
- Preferably a Masters in Business Administration (MBA) or a Masters in Supply Chain Management.
RELEVANT EXPERIENCE: 20+ yearsin supply chain / procurement with knowledge on industry regulations and framework with strong analytical, Interpersonal, collaborative and communication skills
Skills
ComplianceRisk MitigationRegulatoryRisk ManagementIf an employer asks you to pay any kind of fee, please notify us immediately. Jobaaj does not charge any fee from the applicants and we do not allow other companies also to do so.
About Company
Important dates & deadlines?
Application Deadline
30 Jun 25, 04:59 PM IST
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