13 Aug
|
LT-Larsen & Toubro
|
Doddaballapura
13 Aug
LT-Larsen & Toubro
Doddaballapura
Role Purpose
Lead and manage the end-to-end procurement and strategic sourcing function for the organization by ensuring cost-effective procurement, supplier development, material availability, inventory optimization, supply chain efficiency, and risk management to support business growth, manufacturing continuity, operational excellence, and profitability objectives.
Key Responsibilities / Accountabilities
- 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 current 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 proc
📌 Head - Procurement (Doddaballapura)
🏢 LT-Larsen & Toubro
📍 Doddaballapura