Job Description:1. Strategic Procurement LeadershipDevelop and implement procurement strategies aligned with organizational goals.Manage supply chain risks and opportunities.Drive cost reduction and value engineering initiatives.2. Supplier and Vendor ManagementIdentify, evaluate, and onboard suppliers for materials, components, and services.Negotiate contracts, pricing, and SLAs.Monitor and improve supplier performance through KPIs and audits.Build strategic partnerships with key suppliers and service providers.3. Services Hiring and OutsourcingManage sourcing and procurement of outsourced jobs, subcontracting, and services (e.g., machining, fabrication, testing).Identify reliable service vendors and negotiate terms and conditions.Oversee service-level agreements to ensure quality, timeliness, and cost-effectiveness.Collaborate with departments to determine outsourcing needs and opportunities.4. Logistics and Supply Chain CoordinationManage logistics operations related to inbound and outbound material movement.Coordinate with warehousing, transportation, and customs teams for timely delivery.Optimize logistics cost and lead times.Implement inventory management practices such as JIT, Kanban, or VMI to support production flow.5. Import & International Trade KnowledgeStrong understanding of imports in India, including customs clearance procedures and regulations.Expertise in international trade terms, specifically Incoterms, to manage global supplier contracts and shipments effectively.Liaise with freight forwarders, customs brokers, and regulatory agencies to ensure compliance.6. Knowledge of GST in IndiaIn-depth knowledge of GST (Goods and Services Tax) as it applies to procurement and supply chain activities.Ensure compliance with GST regulations in vendor payments, input tax credit, and documentation.Collaborate with finance and tax teams to optimize tax efficiencies related to procurement.7. Cost and Spend ManagementConduct spend analysis and implement category management.Control procurement budgets and financial reporting.Identify opportunities for cost optimization and risk mitigation.8. Team and Cross-Functional LeadershipLead, mentor, and develop the procurement team.Collaborate closely with engineering, production, quality, finance, R&D, and supply chain functions.Support new product introduction through early supplier involvement and procurement planning.9. Procurement Operations and ComplianceEnsure timely purchasing and availability of materials and services.Maintain compliance with company policies, legal, regulatory, and quality standards.Leverage procurement technologies and ERP systems to streamline operations.10. Sustainability and ESG InitiativesSource sustainable and ethically produced materials and services.Integrate ESG considerations into procurement decisions.Support circular economy and environmental sustainability efforts.
