Head of Procurement

Key Responsibilities of Head-Procurement

• Lead the overall procurement and sourcing strategy for raw materials, bought-out components, consumables, tooling, capital equipment, indirect materials, and services.
• Develop procurement policies, sourcing frameworks, supplier strategies, and governance mechanisms aligned with organizational goals.
• Drive strategic sourcing, supplier negotiations, long-term contracts, and procurement optimization initiatives to improve cost competitiveness and supply continuity.
• Lead vendor identification, evaluation, onboarding, development, performance management, and supplier relationship management activities.
• Ensure timely availability of materials and services to support manufacturing, projects, maintenance, and business operations.
• Drive cost reduction, localization, value engineering, and alternate sourcing initiatives across procurement categories.
• Monitor procurement KPIs including cost savings, supplier performance, inventory levels, on-time delivery, quality performance, and working capital optimization.
• Collaborate with Manufacturing, Planning, Quality, Engineering, Finance, Stores, and Project Management teams for procurement planning and execution.
• Lead procurement planning for new product introduction (NPI), expansion projects, automation initiatives, and capital investments.
• Monitor commodity trends, market intelligence, pricing fluctuations, supply chain risks, and mitigation strategies.
• Ensure procurement compliance with statutory regulations, organizational policies, audit requirements, and ethical sourcing practices.
• Drive digital procurement initiatives including ERP optimization, procurement analytics, supplier portals, and automation systems.
• Lead supplier quality improvement and corrective action initiatives in coordination with QA/QC and Manufacturing teams.
• Manage procurement budgets, commercial negotiations, contract management, and procurement-related financial controls.
• Support inventory optimization initiatives and ensure alignment between procurement strategy and production planning.
• Develop strong supplier partnerships to improve responsiveness, innovation, quality, and long-term business value.
• Lead procurement audits, customer audits, compliance reviews, and supply chain assessments.
• Mentor and develop procurement teams through capability building, succession planning, and performance management.
• Drive continuous improvement initiatives related to procurement efficiency, process standardization, and supply chain excellence.