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FinnovationZ
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Purchase Head

Purchase Head

FinnovationZ

7 years

0 Lacs

mumbai maharashtra india

Posted:14 hours ago| Platform:

Apply

Skills Required

procurement purchasing strategies negotiation contracts pricing service analyze compliance finance forecast reports efficiency leadership development software erp data analysis packaging planning research budgeting

Work Mode

On-site

Job Type

Full Time

Job Description

Job Title:

No. of Openings:

Location:

CTC:

Job Summary:

Purchase Head

Key Responsibilities:

Develop and execute effective purchasing strategies to ensure optimal cost, quality, and delivery timelines.
Lead, mentor, and manage the purchasing team to meet departmental and organizational objectives.
Negotiate contracts and agreements with suppliers, ensuring favorable pricing, terms, and service levels.
Analyze market trends, pricing, and supplier performance to identify cost-saving opportunities and mitigate risks.
Ensure strict compliance with company policies, procurement procedures, and regulatory requirements.
Collaborate with internal departments (such as Production, Finance, and Operations) to forecast procurement needs.
Evaluate supplier capabilities and develop long-term, strategic supplier partnerships.
Prepare and present periodic reports on procurement performance, cost savings, and vendor efficiency to senior leadership.

Qualifications:

Bachelor’s degree in
Business Administration, Supply Chain Management,
or a related field.
Minimum
7 years of experience
in procurement or purchasing, with at least
3 years in a leadership/managerial role
.
Demonstrated success in
strategic negotiations, vendor development, and cost optimization
.
Proficient in
procurement software, ERP systems
, and data analysis tools.
Experience in packaging material is mandatory
Strong understanding of
supply chain principles
, contract law, and market dynamics.

Key Skills:

Strategic Planning & Execution
Strong Negotiation & Persuasion
Supplier/Vendor Relationship Management
Market Research & Trend Analysis
Budgeting & Cost Control
Team Leadership & Development
Analytical Thinking & Problem Solving
Excellent Verbal and Written Communication

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