Deputy Manager - Purchase

Key Deliverables

• Develop Procurement Strategies:

  • Develop and implement procurement strategies aligned with the organization's goals and objectives.

  • Identify cost-saving opportunities and efficiency improvements in the procurement process.

• Budget Management:

  • Develop and manage procurement budgets, tracking expenses and identifying opportunities for cost savings and cost avoidance.

  • Monitor spending trends and implement measures to optimize procurement spending while maintaining quality standards.

• Sourcing and Purchasing:

  • Lead the sourcing and purchasing process for materials, goods, and services.

  • Conduct market research, assess supplier capabilities, and obtain competitive bids.

  • Collaborate with internal stakeholders to determine procurement needs and specifications.

• Vendor Management:

  • Build and maintain strong relationships with vendors and suppliers.

  • Evaluate vendor performance, negotiate contracts, and manage vendor selection processes to ensure quality, cost-effectiveness, and timely delivery of goods and services.

• Contract Negotiation:

  • Negotiate contracts and terms with vendors to achieve favorable pricing, payment terms, and service level agreements.

  • Review and finalize contract documents, ensuring compliance with legal and regulatory requirements.

• Risk Management:

  • Identify and mitigate procurement risks, such as supply chain disruptions, price fluctuations, and compliance issues.

  • Implement risk management strategies and contingency plans to minimize the impact on operations.

• Process Improvement:

  • Continuously evaluate and improve procurement processes and procedures to streamline operations, increase efficiency, and enhance effectiveness.

  • Implement best practices and innovative solutions to drive continuous improvement in procurement performance.

• Compliance and Ethics:

  • Ensure compliance with procurement policies, procedures, and regulatory requirements.

  • Promote ethical conduct and integrity in procurement activities, adhering to standards of fairness, transparency, and accountability.

• People, Teamwork, and Collaboration:

  • Demonstrate collaborative behaviours, anticipating and working along with different stakeholders in a cohesive manner.

  • Foster agreement and alignment towards shared and common goals for the function.

  • Develop strategies to improve employee retention, implement job rotation, and create development plans for both self and the team.
    

Role Requirements

Qualification:

MBA (Finance/ Supply Chain) or CA

Experience:

• 25-20 Years of experience in procurement, strategic sourcing, and supply chain management

• Strong leadership and team management skills.

Excellent communication and negotiation skills.