Role: AGM / Strategic Head

Location: Bengaluru / Manufacturing Location (as applicable)

Reporting To: MD / COO

Role Objective To lead strategic procurement and cost transformation initiatives across raw materials, bought-out parts, and packaging, with the objective of improving margins, strengthening supplier capability, and ensuring supply continuity for StoveKraft’s cookware and appliance businesses.

Key Responsibilities

1. Strategic Procurement Leadership

- Own end-to-end procurement strategy for direct materials (metals, plastics, components, bought-out parts).

- Manage large spend categories with focus on cost competitiveness and supply assurance.

- Drive centralized sourcing governance across plants and categories.

2. Cost Transformation & Margin Improvement

- Lead should-costing, clean-sheet costing, and zero-based costing initiatives.

- Drive structured cost reduction programs through:

- Value engineering

- Specification optimization

- Make vs buy analysis

- Supplier productivity improvement

- Deliver year-on-year cost reduction targets without compromising quality or service.

3. Commodity Strategy & Risk Management

- Develop commodity sourcing strategies for Steel, Aluminium, CI, SS, and other key inputs.

- Monitor commodity price trends and implement index-linked pricing / pass-through models.

- Reduce exposure to volatility through supplier diversification and long-term contracts.

4. Supplier Strategy & Development

- Lead supplier rationalization and tier-wise sourcing strategy.

- Develop strategic suppliers for quality, capacity, and cost.

- Drive supplier scorecards, audits, and performance improvement plans.

- Ensure supplier readiness for new product launches and scale-up.

5. Cross-Functional Collaboration

- Work closely with:





- R&D; / Product Design – for cost-effective product design

- Operations / Manufacturing – for supply continuity and productivity

- Quality – to ensure zero-defect sourcing

- Finance – for savings validation and margin impact

- Support export product cost competitiveness through optimized sourcing (backend role).

6. Digitalization & Process Excellence

- Drive procurement digitization through ERP, SAP S/4HANA, SAP Ariba, etc.

- Standardize RFQ, negotiation, contracting, and supplier performance processes.

- Build robust MIS and dashboards for spend, savings, and risk tracking.

7. Governance & Compliance

- Ensure compliance with procurement policies, legal contracts, and ethical sourcing standards.

- Establish robust controls to avoid supply disruptions and commercial risks.

Key KPIs

- Cost savings & cost avoidance

- Gross margin improvement

- Supplier performance (quality, delivery, cost)

- Commodity risk exposure reduction

- New supplier development success

- Procurement process efficiency

Ideal Candidate Profile

Experience

- 10–15 years of experience in Strategic Sourcing / Procurement / Supply Chain

- Strong background in consumer durables, appliances, cookware, or electricals

- Managed large procurement spends (₹500 Cr+)

Skills

- Strategic sourcing & negotiation

- Should-cost & value engineering

- Commodity buying & risk management

- Supplier development & governance

- Strong commercial and analytical mindset

Education

- Engineering (Mechanical preferred)

- Postgraduate qualification in Supply Chain / Operations preferred

Why This Role Matters at StoveKraft

This role is critical for:

- Protecting margins in a cost-sensitive, competitive market

- Enabling scalable growth without supply risk

- Supporting domestic and export business profitability

Top of Form

Bottom of Form

📌 Strategic Sourcing Head (Bengaluru)
🏢 XpertReach
📍 Bengaluru