Head - Strategic Sourcing & Procurement

15 - 23 years

50 - 70 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position Summary:

Key Responsibilities:

Strategic Sourcing:

  • Develop and implement long-term sourcing strategies to optimize supplier relationships and reduce costs while maintaining quality and reliability.
  • Identify and evaluate global sourcing opportunities to expand the supplier base and mitigate risk.
  • Conduct market analysis to stay updated on trends, pricing, and emerging technologies within the manufacturing industry.
  • Develop and execute global sourcing and procurement strategies aligned with business goals.

Procurement Management:

  • Oversee procurement operations, including supplier negotiations, contracts, and purchase orders.
  • Ensure the procurement process aligns with organizational goals, compliance requirements, and sustainability objectives.
  • Drive the implementation of procurement systems and technologies to streamline operations and improve data-driven decision-making.

Global Sourcing:

  • Lead the identification and management of international suppliers to optimize cost, quality, and delivery performance.
  • Manage and monitor supplier performance, ensuring adherence to contractual obligations and quality standards.
  • Evaluate geopolitical, economic, and regulatory risks and develop strategies to maintain supply chain resilience.

Cost Optimization and Value Creation:

  • Drive cost-saving initiatives while maintaining product quality and delivery timelines.
  • Identify opportunities for value engineering and process improvements to enhance efficiency.
  • Track and report on key performance indicators (KPIs) and cost savings achieved.

Qualifications:

  • Bachelors degree in engineering, or a related field; MBA or advanced degree preferred.
  • 15+ years of experience in strategic sourcing, procurement, and global supply chain management, preferably within the product manufacturing industry.
  • Experience in implementing procurement technologies (e.g., ERP systems, e-sourcing platforms).

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