purchase head

Impact HR & KM Solutions

0 years

0 Lacs

Nashik Maharashtra India

Posted:2 days ago| Platform:

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Skills Required

sourcing planning purchasing strategy forecasting management contracts leadership development mentoring optimization reporting compliance risk regulations collaboration finance procurement efficiency transparency

Work Mode

On-site

Job Type

Full Time

Job Description

Strategic Sourcing and Planning: Developing and executing a comprehensive purchasing strategy that aligns with the company's business objectives. This includes identifying long-term needs, forecasting market trends, and proactively sourcing suppliers to mitigate risks and create a competitive advantage.
Supplier Relationship Management: Building and maintaining strong, strategic relationships with key suppliers and vendors. They are responsible for negotiating complex contracts, setting performance benchmarks, and ensuring favorable terms and conditions.
Team Leadership and Development: Leading, mentoring, and managing the purchasing team. This includes setting departmental goals, overseeing daily purchasing activities, and fostering a high-performance culture that emphasizes continuous improvement and cost reduction.
Budget and Cost Management: Managing the entire purchasing budget and driving cost-saving initiatives. They are responsible for analyzing spending patterns, identifying opportunities for cost optimization, and reporting on financial performance to senior management.
Compliance and Risk Management: Ensuring all purchasing activities comply with company policies, legal regulations, and ethical standards. They are also responsible for identifying and mitigating potential supply chain risks, such as supplier instability or geopolitical factors.
Cross-Functional Collaboration: Working closely with other senior leaders and departments (such as finance, operations, and product development) to understand their needs and ensure that the purchasing strategy supports their goals.
Process Improvement: Continuously evaluating and improving procurement processes and technologies. This may involve implementing new e-procurement systems or other tools to enhance efficiency and transparency.

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