Purchase Head

Department Name:

Reporting to:

Job role :

Required Experience:

Required Qualification:

Responsibilities

• Responsible for developing and implementing SOPs for all aspects of the company's purchase functions covering areas of supplier identification, on-boarding and regular procurement to support business.
• Identify potential suppliers and conduct audits as per SOP defined to understand supplier capability as per Remsons supplier standards, negotiate rate contracts and onboard them to ensure a stable supply chain.
• Responsible for managing purchasing activities to ensure timely acquisition of materials and services required for production by working closely with plant teams and managing forecasts.
• Regularly revisit the market trends and drive price settlements with suppliers to manage profitability of business in scenarios of increase/ decrease in inputs costs like material/ labour, supply chain crisis etc.
•  Monitor inventory levels and implement inventory control measures to avoid stock-outs and excess inventory and supporting business to have a healthy financial performance.
• Evaluate supplier performance and conduct regular supplier audits to maintain quality standards. Collaborate with vendors to resolve issues, negotiate terms, and ensure on-time delivery of goods and services.
• Support NPD projects in timely manner and providing Zero Based costing for components and further regularising it from NPD to serial production stage.
• Identify and mitigate procurement risks, such as supply chain disruptions or supplier non-compliance through localisation projects and ensuring de risking of critical component
• Generate reports on purchasing activities, cost savings, competitors supplier practices and performance metrics for management review.
• Implement best practices and continuous improvement initiatives to streamline procurement processes and enhance efficiency.
• Successfully maintaining all documents and timely data completion required for IATF/ VDA/ ISO and as desired by any customer driven quality standards
• Regularly mentoring the team, issuing quarterly KRA's for them, giving regular feedback s for improvements, executing PIPs (if required) to ensure maximum productivity of the team at all times in lines with organisation goals.