Job Description

Role: AGM / Strategic Head
Location: Bengaluru / Manufacturing Location (as applicable)
Reporting To: MD / COO
Role Objective
To lead strategic procurement and cost transformation initiatives across raw materials, bought-out parts, and packaging, with the objective of improving margins, strengthening supplier capability, and ensuring supply continuity for StoveKraft's cookware and appliance businesses.
Key Responsibilities
1. Strategic Procurement Leadership

• Own end-to-end procurement strategy for direct materials (metals, plastics, components, bought-out parts).

• Manage large spend categories with focus on cost competitiveness and supply assurance.

• Drive centralized sourcing governance across plants and categories.

2. Cost Transformation & Margin Improvement

• Lead should-costing, clean-sheet costing, and zero-based costing initiatives.

• Drive structured cost reduction programs through:

• Value engineering

• Specification optimization

• Make vs buy analysis

• Supplier productivity improvement

• Deliver year-on-year cost reduction targets without compromising quality or service.

3. Commodity Strategy & Risk Management

• Develop commodity sourcing strategies for Steel, Aluminium, CI, SS, and other key inputs.

• Monitor commodity price trends and implement index-linked pricing / pass-through models.

• Reduce exposure to volatility through supplier diversification and long-term contracts.

4. Supplier Strategy & Development

• Lead supplier rationalization and tier-wise sourcing strategy.

• Develop strategic suppliers for quality, capacity, and cost.

• Drive supplier scorecards, audits, and performance improvement plans.

• Ensure supplier readiness for new product launches and scale-up.

5. Cross-Functional Collaboration

• Work closely with:

• R&D / Product Design - for cost-effective product design

• Operations / Manufacturing - for supply continuity and productivity

• Quality - to ensure zero-defect sourcing

• Finance - for savings validation and margin impact

• Support export product cost competitiveness through optimized sourcing (backend role).

6. Digitalization & Process Excellence

• Drive procurement digitization through ERP, SAP S/4HANA, SAP Ariba, etc.

• Standardize RFQ, negotiation, contracting, and supplier performance processes.

• Build robust MIS and dashboards for spend, savings, and risk tracking.

7. Governance & Compliance

• Ensure compliance with procurement policies, legal contracts, and ethical sourcing standards.

• Establish strong controls to avoid supply disruptions and commercial risks.

Key KPIs

• Cost savings & cost avoidance

• Gross margin improvement

• Supplier performance (quality, delivery, cost)

• Commodity risk exposure reduction

• New supplier development success

• Procurement process efficiency

Ideal Candidate Profile
Experience

• 10-15 years of experience in Strategic Sourcing / Procurement / Supply Chain

• Strong background in consumer durables, appliances, cookware, or electricals

• Managed large procurement spends (?500 Cr+)

Skills

• Strategic sourcing & negotiation

• Should-cost & value engineering

• Commodity buying & risk management

• Supplier development & governance

• Strong commercial and analytical mindset

Education

• Engineering (Mechanical preferred)

• Postgraduate qualification in Supply Chain / Operations preferred

Why This Role Matters at StoveKraft
This role is critical for:

• Protecting margins in a cost-sensitive, competitive market

• Enabling scalable growth without supply risk

• Supporting domestic and export business profitability

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Skills Required