Job Summary: We are seeking an experienced and strategic Procurement Lead to join our dynamic team in Chennai . The successful candidate will be responsible for leading and managing all procurement activities within our captive center, ensuring the effective and cost-effective acquisition of goods and services necessary for our operations.

This role requires a seasoned professional with a deep understanding of procurement best practices, vendor management, contract negotiation, and a proven track record of driving significant cost savings and operational efficiencies in a captive center environment.

The Procurement

Lead will play a pivotal role in shaping procurement strategies, developing a high-performing team, and fostering strong relationships with internal stakeholders and external suppliers.

Key Responsibilities:

Strategic Procurement Leadership:

- Develop, implement, and manage procurement strategies and policies tailored to the captive center's needs, aligning with global procurement objectives.
- Identify opportunities for process improvement, automation, and standardization within the procurement function.
- Drive category management strategies across various spend categories (e.g., IT hardware/software, professional services, facilities management, office supplies).

Vendor Management & Negotiation:

- Lead complex contract negotiations with key suppliers to secure favorable terms, pricing, and service level agreements (SLAs).
- Establish and maintain strong, collaborative relationships with strategic vendors, conducting regular performance reviews and driving continuous improvement.
- Develop and implement robust vendor selection, qualification, and onboarding processes.
- Manage vendor performance, mitigate risks, and resolve disputes effectively.

Cost Optimization & Savings:





- Proactively identify and implement cost-saving initiatives without compromising quality or service delivery.
- Conduct market analysis, benchmarking, and spend analysis to identify procurement opportunities.
- Develop and track key procurement metrics (KPIs) to monitor performance and demonstrate value.

Team Leadership & Development:

- Lead, mentor, and develop a high-performing procurement team, fostering a culture of continuous learning and excellence.
- Oversee day-to-day procurement operations, ensuring adherence to established processes and policies.
- Conduct performance reviews, provide constructive feedback, and identify training needs for team members.

Stakeholder Collaboration:

- Collaborate closely with internal stakeholders (e.g., Finance, IT, Operations, Legal) to understand their requirements and ensure procurement processes support business objectives.
- Act as a trusted advisor to internal departments on procurement-related matters.

Compliance & Risk Management:

- Ensure all procurement activities comply with company policies, legal requirements, and industry regulations.
- Identify and mitigate procurement-related risks, including supply chain disruptions, contractual non-compliance, and data security.

Process Excellence & Technology:

- Champion the adoption of procurement best practices and leverage technology solutions (e.g., e-procurement systems, P2P tools) to enhance efficiency and effectiveness.




- Contribute to the implementation and optimization of procurement systems and tools.

Required Qualifications & Skills:

- Education: Bachelor's degree in Business Administration, Supply Chain Management, Procurement, Finance, or a related field. A Master's degree (MBA) or relevant professional certifications is highly preferred.
- Experience: 15+ years of progressive experience in procurement, with a significant portion (ideally 8+ years) in a leadership or senior management role within a captive center or shared services environment.
- Domain Expertise: Proven experience in managing procurement for various categories, including IT (hardware, software, cloud services), professional services, and general corporate spend. Experience in the healthcare industry or supporting healthcare operations is a significant plus.
- Strategic Thinking: Ability to develop and execute long-term procurement strategies that align with business goals.
- Negotiation Prowess: Exceptional negotiation and contracting skills, with a track record of achieving significant cost savings and favorable terms.
- Leadership & People Management: Demonstrated ability to lead, motivate, and develop high-performing teams in a matrixed or complex organizational structure.
- Analytical Skills: Strong analytical, problem-solving, and decision-making abilities, with proficiency in spend analysis and financial modeling.
- Communication: Excellent verbal and written communication skills, with the ability to articulate complex information clearly and persuasively to diverse audiences.
- Stakeholder Management: Proven ability to build and maintain strong relationships with internal stakeholders and external suppliers.
- Compliance & Ethics: Unwavering commitment to ethical procurement practices and strong understanding of legal and regulatory compliance.

📌 Indirect / Corporate Procurement Lead (Chennai)
🏢 enGen Global
📍 Chennai