Procurement Lead

Job Description

Role & responsibilities Lead the strategic sourcing with a relevant tools and practices. Develop and implement procurement strategies aligned with company goals for quality, cost, and delivery timelines. Source, negotiate, and onboard vendors for parts, raw materials, packaging, and finished goods. Manage supplier relationships, performance reviews, and contract compliance. Ensure consistent supply of materials by proactively managing lead times and inventory levels. Collaborate with internal stakeholders like R&D, Manufacturing, and Quality teams and external stakeholders like finished goods / tier 1/tier 2 component suppliers for new product development (NPD) requirements Drive cost reduction initiatives including DFx without compromising on quality or reliability. Monitor market trends, risks, and pricing and drive the strategy to optimize and sustain the supplies. Ensure adherence to procurement processes, documentation, and compliance. Use data and procurement systems (SAP/ERP) to optimize procurement workflows. Preferred candidate profile Bachelors degree in Engineering, Supply Chain, or related field (MBA preferred). 15-20 years of procurement experience, preferably in consumer durables or small domestic appliances or manufacturing industry. Proven experience in sourcing mechanical/electrical / plastic / metal components and working with suppliers across India and abroad. Strong leadership and stakeholder management skills to drive it from the front Strong negotiation, analytical, and communication skills. Experience with ERP systems (SAP preferred). Understanding of vendor quality, cost analysis, and supply chain risk management.