Purchase Head

Strategic Procurement & Planning:

• Develop, implement, and manage comprehensive purchasing strategies aligned with the company's overall business objectives and operational needs.
• Conduct market research, analyze trends, and identify new sourcing opportunities to ensure competitive pricing and supply chain resilience.
• Forecast future purchasing needs based on production schedules, sales forecasts, and inventory levels.

Supplier Relationship Management:

• Identify, evaluate, select, and qualify new suppliers based on quality, cost, delivery performance, and reliability.
• Build and maintain strong, long-term relationships with key suppliers and vendors.
• Conduct regular supplier performance reviews and audits to ensure compliance and drive continuous improvement.
• Manage supplier onboarding, contracts, and performance against Service Level Agreements (SLAs).

Negotiation & Cost Optimization:

• Lead complex negotiations with suppliers to secure the most favorable terms, pricing, and delivery schedules without compromising on quality.
• Implement cost-saving initiatives and value engineering efforts across all procurement categories.
• Monitor purchase prices against market benchmarks and identify opportunities for cost reduction.

Inventory Management & Control:

• Collaborate with the Operations and Production teams to optimize inventory levels, minimize holding costs, and prevent stockouts or overstock situations.
• Implement and oversee efficient purchasing processes, including order placement, tracking, and delivery confirmation.

Team Leadership & Development:

• Lead, mentor, and develop the purchasing team, fostering a culture of high performance, accountability, and continuous learning.
• Set clear objectives, conduct performance reviews, and identify training needs for team members.

Compliance & Risk Management:

• Ensure all purchasing activities comply with company policies, ethical standards, and relevant local and national regulations (e.g., GST, customs, quality standards).
• Identify potential supply chain risks (e.g., geopolitical, natural disasters, supplier solvency) and develop mitigation strategies.

Reporting & Analytics:

• Establish and track key procurement Key Performance Indicators (KPIs) such as cost savings, supplier performance, lead times, and inventory turnover.
• Prepare and present regular reports to senior management on purchasing activities, performance, and strategic initiatives.

Cross-functional Collaboration:

• Work closely with other departments, including Production, Operations, Quality, Finance, and Sales, to understand their material/service requirements and ensure seamless support.