Key Responsibilities:
? Strategic Procurement: Develop and implement procurement strategies that align with the company's objectives, ensuring optimal sourcing of raw materials, components, and services.
? Vendor Management: Identify, evaluate, and negotiate with suppliers to establish long-term partnerships. Monitor vendor performance and conduct regular assessments to ensure quality and reliability.
? Cost Management: Analyse market trends and pricing to secure the best possible terms. Develop and manage budgets for procurement activities to minimize costs without compromising quality.
? Inventory Control: Collaborate with inventory management teams to maintain optimal stock levels, ensuring that production is not disrupted due to material shortages. ? Cross-Functional Collaboration: Work closely with production, quality assurance, and finance teams to understand their needs and provide timely support in material procurement.
? Compliance and Risk Management: Ensure compliance with industry regulations and company policies. Identify and mitigate risks associated with procurement activities.
? Reporting and Analysis: Prepare regular reports on procurement performance, market trends, and budget variances for senior management. Utilize data analysis to inform decision-making.
? Team Leadership: Lead, mentor, and develop the procurement team, fostering a culture of continuous improvement and professional growth.
Candidate Profile:
? Bachelor's degree in Supply Chain Management, Business Administration, or a related field; a Master's degree or relevant certification or Mechanical Engineer / Electrical Engineer is also preferred as they can lead the purchase activities techno-commercially
? Minimum 12 years of experience in procurement or supply chain management, preferably in the steel manufacturing or heavy industry.
? Strong negotiation skills with a proven track record of achieving cost savings.
? In-depth knowledge of procurement processes, market analysis, and supplier management.
? Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
? Proficiency in procurement software and tools, as well as Microsoft Office Suite. ? Strong analytical and problem-solving abilities.
Job Types: Full-time, Permanent
Pay: ₹900,000.00 - ₹1,500,000.00 per year
Work Location: In person
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