Senior Executive Procurement

Job Description & Responsibilities:

1. Procurement & Sourcing

• Identify and evaluate suppliers for Opex, Capex, calibration, and other operational requirements.
• Conduct market research to ensure competitive and reliable vendor sourcing.
• Develop and execute procurement strategies aligned with company goals.

2. Cost & Contract Management

• Lead negotiations with vendors for pricing and service terms.
• Manage contracts, SLAs, and ensure adherence to agreed terms.
• Initiate and drive cost-saving measures without compromising quality.

3. Supplier Relationship Management

• Build and maintain long-term partnerships with key suppliers.
• Monitor supplier performance, conduct audits, and address issues proactively.
• Negotiate long-term agreements and resolve conflicts when necessary.

4. Inventory & Demand Planning

• Monitor inventory levels and prevent stockouts or excess.
• Collaborate with internal departments to plan purchases based on consumption.
• Forecast demand and place timely procurement orders.

5. Team Leadership

• Mentor and supervise the procurement team.
• Conduct regular meetings to review and prioritize procurement needs.
• Promote a performance-driven and collaborative team culture.

6. Reporting & Analysis

• Prepare procurement reports and cost analysis for management.
• Track procurement KPIs and implement performance improvements.
• Provide insights to support strategic planning and decision-making
• Conduct market research to ensure competitive and reliable vendor sourcing.
• Develop and execute procurement strategies aligned with company goals.

Candidate Requirements:

• Education: Bachelor’s degree in Supply Chain / Business Administration (MBA preferred)
• Experience: Minimum 2-3 years in procurement or supply chain roles, including leadership experience
• Skills:
• Strong vendor negotiation and contract management
• Proficiency in ERP systems, MS Excel, and Power BI
• Analytical mindset and excellent communication
• Proven track record in cost optimization and vendor development.

Job Type: Full-time

Pay: ₹360,000.00 - ₹420,000.00 per year

Benefits:

• Health insurance
• Paid sick time
• Provident Fund

Work Location: In person