Head - P&C Materials

Role Overview: As the Head of Procurement & Contracting at the company, your primary responsibility is to conceptualize and oversee the sourcing strategy for various direct material and engineering material procurement. Your role is crucial in aiding the production of quality products and contributing to the growth and profitability targets of the O2C business. Key Responsibilities: - Provide inputs in creating the procurement strategy aligned with internal guidelines and develop the Annual Operating Plan (AOP) in consultation with the GMS team. - Oversee the end-to-end execution of functional plans, track achievement to functional targets, and collaborate with the leadership team to identify new initiatives and projects. - Participate in the budgeting cycle, provide budget allocation inputs for your sub-function/team, and ensure efficient utilization of the budget. - Stay updated on industry developments, identify best practices, and implement them in-house. - Achieve product quality through cost-efficient and timely procurement within the budget. - Collaborate with multiple stakeholders for cost optimization and value maximization opportunities. - Monitor inventory levels and lead time for timely replenishment and maintaining safety stock levels. - Oversee escalations for timely settlement of supplier-related issues and commercial/dispute settlements. - Provide guidance on GST/tax structure developments to the team and ensure maximum availment of prevailing benefits. - Identify potential suppliers, maintain relationships, review supplier performance, and communicate feedback on performance. - Create and ensure adherence to policies, processes, and procedures for procurement operations. - Promote a culture of innovation and continuous improvement, oversee non-compliance cases, and recommend processes for reducing non-compliance. - Stay informed about risks that could impact procurement and develop contingency plans. - Participate in recruitment activities, set performance objectives, evaluate team members, and provide regular feedback and guidance. - Guide, mentor, and develop the team to take on larger responsibilities and evaluate training and development requirements. Qualification Required: - Bachelor's degree in Engineering, preferably in Chemical/Mechanical/Instrumentation/Electrical. - Master's degree in management or equivalent is preferred. - 25+ years of overall experience with a minimum of 5-7 years in a leadership position, preferably in plant O&M/projects. Please note that the job description provided focuses on the responsibilities, qualifications, and key aspects of the role without any additional details about the company.,