Head of Procurement

The Head of Procurement is responsible for overseeing the procurement function, developing procurement strategies, and ensuring the efficient acquisition of goods and services. This role involves leading a procurement team, managing supplier relationships, and implementing cost-effective and efficient procurement practices that align with the organization’s goals and objectives.

Strategic Planning:

• Develop and implement comprehensive procurement strategies.
• Align procurement objectives with the University’s mission and strategic goals.
• Conduct market analysis to identify trends and opportunities.

Team Leadership:

• Lead, mentor and develop the procurement team.
• Establish performance metrics and conduct regular evaluations.

Supplier Management:

• Build and maintain strong relationships with key suppliers and vendors.
• Negotiate high-value contracts and agreements.
• Monitor supplier performance and resolve any issues or disputes.

Cost Management:

• Develop and manage the procurement budget.
• Identify and implement cost-saving initiatives without compromising quality.
• Monitor and report on procurement expenditures and savings.

Process Improvement:

• Streamline procurement processes to enhance efficiency.
• Implement best practices and innovative procurement solutions.
• Ensure compliance with legal and regulatory requirements.

Risk Management:

• Identify and mitigate procurement-related risks.
• Develop and maintain a risk management framework for procurement activities.
• Ensure business continuity through effective procurement strategies.

Stakeholder Engagement:

• Collaborate with internal departments to understand their needs and obtain clear technical

specifications.

• Communicate procurement policies and procedures to stakeholders.
• Provide training and support to internal teams on procurement processes.

Reporting and Analytics:

• Prepare monthly reports on procurement activities, performance, and cost savings.
• Use data analytics to improve procurement decisions and develop strategies.
• Submit findings and recommendations to senior management.

Qualifications, Experience & Skills:

• B.Tech / M.Tech or MBA in Supply Chain Management or a related field. Master's degree

preferred.

• Minimum 15 years of experience in procurement, with at least 8 years in a leadership role.
• Strong leadership and team management abilities.
• Excellent negotiation and communication skills.
• Proficiency in procurement software and ERP systems.
• Strong analytical and strategic thinking skills.
• Ability to manage multiple projects and priorities.
• Certification in Procurement / Supply Management preferred.
• Extensive knowledge of procurement regulations and best practices.