1. Procurement Strategy:
- Design and implementation of effective procurement strategies with the centralization of procurement of the organization.
- Identify cost-saving opportunities and process improvements.
2. Vendor Management:
- Evaluate and select suppliers, negotiate contracts and manage vendor relationships.
- Monitor supplier performance with periodic review publication of supplier rating chart and enforce contract terms.
- Identify and onboard current suppliers when necessary.
3. Inventory Management:
- Maintain optimal inventory levels to meet production and operational requirements.
- Implement inventory control measures to minimize carrying costs and stockouts.
4. Cost Control:
- Analyze pricing trends, market conditions and cost structures to optimize procurement costs.
- Implement cost-saving initiatives and value engineering programs.
5. Compliance:
- Ensure procurement activities comply with relevant laws, regulations and ethical standards.
- Develop and enforce procurement policies and procedures.
6. Team Leadership:
- Supervise and lead a team of procurement professionals.
- Provide guidance, training, and performance evaluations.
7. Negotiation:
- Lead contract negotiations with suppliers to secure favorable terms and conditions.
- Resolve disputes and issues with suppliers in a timely manner.
8. Budget Management:
- Develop and manage the procurement budget.
- Monitor expenditures and control costs effectively.
9. Quality Assurance:
- Collaborate with quality control teams to ensure the quality of procured goods and services.
- Implement quality standards and supplier audits.
Experience in the procurement of forgings, castings and other allied products
OEM’s experience
Experience : 9 - 15 Years
Salary : 2800000 - 3000000 LPA
Company Profile :
Our client is one of the leading automotive machined components and assemblies supplier. They are one of India’s largest manufacturer of transmission Shifting Shafts, Shifter Forks, Shift Tower
📌 Purchase Head (Panchkula)
🏢 The Search House
📍 Panchkula
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