Head of Procurement

Experience :

Job Location :

Qualifications :

MBA or Advanced Degree Preferred.

Desired Candidate Profile

• Industry experience preferably from pump
• Ability to listen and active problem solving skills
• Good interpersonal skills
• Good communications skills
• Ability to handle pressure
• Must be proficient in Gujarati, Hindi and English

Responsibilities:

Strategic Leadership & Planning:

* Develop, implement, and manage a comprehensive procurement strategy aligned with the company's overall business objectives and financial targets.

* Identify opportunities for cost reduction, value creation, and process optimization across all procurement categories.

* Establish and monitor key performance indicators (KPIs) for the procurement department, ensuring continuous improvement and accountability.

* Stay abreast of market trends, industry best practices, and technological advancements in procurement to maintain a competitive edge.

Sourcing & Supplier Management:

* Lead the strategic sourcing process for all critical goods and services, including market analysis, supplier identification, RFI/RFP development, bid analysis, and contract negotiation.

* Develop and maintain strong, collaborative relationships with key suppliers, ensuring optimal terms, quality, and delivery.

* Implement robust supplier performance management programs, including scorecards, regular reviews, and corrective action plans.

* Drive supplier rationalization and consolidation initiatives to optimize the supply base and leverage purchasing power.

* Establish and manage risk mitigation strategies related to the supply chain, including diversification and contingency planning.

Negotiation & Contract Management:

* Lead complex negotiations with suppliers to achieve favorable pricing, terms, and conditions while ensuring compliance with legal and regulatory requirements.

* Oversee the drafting, review, and execution of procurement contracts, ensuring adherence to company policies and legal standards.

* Manage contract lifecycle, including renewals, amendments, and terminations.

Team Leadership & Development:

* Recruit, mentor, and develop a high-performing procurement team, fostering a culture of excellence, collaboration, and continuous learning.

* Provide clear direction, set performance expectations, and conduct regular performance reviews.

* Promote professional development opportunities for team members, including training on negotiation, sourcing, and supply chain management.

Process Improvement & Technology:

* Drive continuous improvement in procurement processes, leveraging technology and automation where appropriate (e.g., e-procurement systems, spend analytics).

* Implement and optimize procurement best practices, including category management, strategic sourcing, and total cost of ownership (TCO) analysis.

* Ensure compliance with internal policies, external regulations, and ethical sourcing guidelines.

Stakeholder Collaboration:

* Collaborate closely with internal stakeholders across departments (e.g., operations, finance, engineering, sales) to understand their needs and ensure procurement strategies support their objectives.

* Act as a trusted advisor to senior leadership on procurement-related matters.