Procurement Manager – Indirect Material

7 years

0 Lacs

Posted:3 weeks ago| Platform: Linkedin logo

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Job Type

Full Time

Job Description

Category Manager - Indirect Material Procurement


Company :


Job Summary:

We seek a proficient category manager for indirect material category to join our team.

This includes key categories such as capex, IT, logistics, travel & stay and general and admin related

expenses. As a Category Manager, you will be responsible for devising and executing category strategies,

driving cost optimization, and cultivating robust supplier partnerships. The role demands a proactive and

innovative approach to ensure procurement initiatives align with and support overall organizational

objectives.


Key Responsibilities:


Category Strategy Development:

  • Define and implement procurement strategies for indirect categories, ensuring alignment

with business objectives.

  • Conduct market analysis to identify trends, risks, and opportunities within the assigned

categories.

2. Sourcing:

  • Identify, evaluate, and negotiate with indirect category suppliers.
  • Create and execute RFI/RFP/RFQ in collaboration with key internal stakeholders.
  • Perform price discovery for materials and services and identify the right price and

suppliers for indirect categories.


3. Supplier Management:

  • Lead end-to-end sourcing processes, including RFQs, supplier evaluation, selection, and

contract negotiations.

  • Develop and maintain strong relationships with key suppliers to ensure performance,

innovation, and cost optimization.

  • Monitor supplier compliance with contractual obligations and company policies.


4. Cost Optimization and Value Creation:

  • Identify opportunities for cost reduction and value creation across indirect procurement

categories.

  • Analyze total cost of ownership (TCO) and implement strategies to achieve long-term

savings.


5. Stakeholder Collaboration:

  • Partner with internal stakeholders, including Finance, IT, HR, and Administration, to

understand procurement needs and deliver tailored solutions.

  • Act as a liaison between suppliers and internal teams to ensure seamless communication

and alignment.


6. Governance and Compliance:

  • Ensure adherence to procurement policies, regulatory requirements, and ethical standards.
  • Drive ethical sourcing practices and sustainability initiatives within procurement

functions.


7. Performance Metrics and Reporting:

  • Develop and track key performance indicators (KPIs) to measure procurement efficiency

and supplier performance.

  • Prepare regular reports and presentations for senior management.


Qualifications:

  • Bachelor’s degree in engineering or technology, or a related field. A master’s degree or MBA is a

plus.

  • Experience of 7+ years as a category manager for indirect material procurement in EPC /

Engineering companies / Industrial product companies

  • Professional certifications such as CPSM, CPP are advantageous.
  • Proven experience in indirect procurement, with a focus on categories such as capex, IT, and

general and admin, logistics and travel.

  • Strong negotiation, analytical, and problem-solving skills.
  • Proficiency in procurement software and tools.
  • Excellent communication and stakeholder management abilities.
  • Knowledge of market trends and best practices in indirect procurement.


Key Competencies:

Strategic thinking and decision-making.

  • Ability to conduct market research consisting of both primary and secondary research.
  • Ability to manage multiple priorities and meet deadlines.
  • Strong interpersonal and leadership skills.
  • Commitment to ethical sourcing and procurement practices.

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