Position Overview:

The Head of Procurement will lead the procurement function,
focusing on sourcing high -quality materials essential for the manufacturing of
cables and wiring harnesses. This role requires an experienced professional
with a deep understanding of the industry, capable of optimizing procurement
processes, managing supplier relationships, and ensuring the timely
availability of critical components. Additionally, the role includes
significant involvement in New Model Development, supplier evaluation, and cost
reduction strategies.

Key Responsibilities:

- Procurement
Strategy: Develop and implement procurement strategies specifically
tailored to the needs of cable and wiring harness manufacturing, ensuring
alignment with the company's overall business objectives.

- Sourcing
& Supplier Management: Source and manage the procurement of key
raw materials, including copper, aluminium, PVC, rubber, insulation
materials, connectors, terminals, and other related components essential
for production. Lead negotiations with suppliers to secure the best
possible terms, focusing on cost -effectiveness, quality, and reliability
of supply. Develop a robust supplier base, identifying and qualifying recent
suppliers to ensure a consistent and competitive supply chain.

- New
Model Development: Coordinate with the CFT (NMD/QA/PT) to align with
customer requirements. Plan for New Model Development, conduct gap
analysis, design reviews, cost and quality benchmarking, and ensure
quality gates for all customer builds. Facilitate trial runs and commissioning
of new models, processes,



or products among Tier -2 suppliers in
collaboration with Incoming Quality/NMD vehicle build requirements.

- Supplier
Evaluation & Development: Conduct thorough evaluations of
suppliers, including SWOT analysis, to ensure alignment with child part
requirements. Manage the Approved Vendor List and demonstrate knowledge of
VSA audit and IATF standards. Drive recent commodity feasibility, development,
and costing in line with customer expectations.

- Cost
Reduction & Localization: Finalize annual budgets for New Model
developed parts, especially from North -based suppliers. Explore
localization of BOP/Tooling’s/commodities and alternate sourcing
opportunities to drive cost reduction. Improve yield in vendor processes
through effective management.

- Inventory
& Market Monitoring: Oversee inventory management to ensure
optimal stock levels of raw materials and components, balancing cost
efficiency with production requirements. Monitor market trends and changes
in material costs, adjusting procurement strategies to mitigate risks and
capitalize on opportunities.

- Compliance
& Safety: Ensure compliance with all relevant regulations,
standards, and company policies related to procurement,



particularly in
areas concerning environmental and safety regulations. Implement safety
practices, conduct safety audits with vendors, and ensure adherence to
safety norms at all Tier -2 suppliers.

- Team
Leadership: Provide leadership and direction to the procurement team,
fostering a culture of high performance, collaboration, and professional
development. Drive continuous improvement in procurement processes,
leveraging technology and best practices to enhance efficiency and reduce
costs.