Procurement Head

Role Objective:

The Head of Procurement will be responsible for designing and driving the company's procurement strategy to meet sourcing requirements efficiently and cost-effectively. This role covers the end-to-end procurement lifecycle, including supplier management, contract negotiations, budget control, and compliance with internal and external standards. The position also focuses on building a high-performing team and fostering strong vendor partnerships to support the organization's growth.

Key Responsibilities:

- Define and execute procurement strategies aligned with business objectives.

- Drive cost savings and identify opportunities for process improvement.

- Establish and maintain long-term relationships with vendors and service providers.

- Negotiate contracts to ensure optimal value for the organization.

- Lead, mentor, and develop the procurement team for enhanced performance.

- Set KPIs and ensure adherence to procurement policies and compliance requirements.

- Manage and forecast procurement budgets effectively.

- Monitor spending and implement measures to eliminate inefficiencies.

- Ensure compliance with company guidelines, legal regulations, and ethical practices.

- Deploy and maintain procurement tools and systems for better transparency and efficiency.

- Collaborate closely with cross-functional teams such as finance, operations, and legal.

- Present regular updates to senior management on procurement performance, risks, and initiatives.

Qualifications & Requirements:

- Bachelor's degree in Supply Chain Management, Business Administration, or related field.

- 10-12 years of procurement experience, with at least 5 years in a leadership role.

- Strong skills in negotiation, analytics, and decision-making.

- Proficiency in procurement systems and ERP platforms.

- Proven leadership and communication capabilities.

- Expertise in supplier relationship management, contract management, and risk mitigation.

- Strong financial acumen and strategic thinking ability.