A Purchase Head in an integrated steel plant oversees all procurement activities, ensuring a reliable and cost-effective supply of raw materials, equipment, and services. This role involves strategic sourcing, vendor management, contract negotiation, and cost control, while also leading and developing a team of purchasing professionals.
Here's a more detailed breakdown:
Key Responsibilities:
Strategic Sourcing:
Develop and implement sourcing strategies for raw materials (like iron ore, coal, etc.), equipment, and other necessary supplies.
Vendor Management:
Establish and maintain strong relationships with key suppliers, ensuring quality, reliability, and competitive pricing.
Contract Negotiation:
Negotiate favorable terms and conditions with suppliers, managing contracts to minimize risks and optimize costs.
Cost Control:
Implement cost-saving measures, track procurement expenses, and identify opportunities for efficiency improvements.
Inventory Management:
Collaborate with planning and production teams to forecast material requirements and maintain optimal inventory levels.
Team Leadership:
Lead and develop a team of purchasing professionals, providing guidance, training, and performance management.
Regulatory Compliance:
Ensure all procurement activities comply with relevant regulations and company policies.
Risk Management:
Identify and mitigate potential risks associated with the supply chain, including price fluctuations, supply disruptions, and quality issues.
Key Skills and Qualifications:
Experience:
10-15 years of experience in purchasing/procurement, preferably within the metal or manufacturing industry, including experience with integrated steel plants.
Education:
Bachelor's degree in Business, Engineering, Supply Chain Management, or a related field. An MBA is often preferred.
Technical Skills:
Proficiency in procurement systems, ERP systems (like SAP), and advanced Excel skills.
Soft Skills:
Strong negotiation, communication, and interpersonal skills, with the ability to build relationships with internal stakeholders and external suppliers.
Knowledge:
In-depth knowledge of supply chain best practices, contract law, and relevant industry regulations.
In the context of Raipur, Chhattisgarh:
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