Job Opportunity – Procurement & Supply Chain Manager

We are looking for an experienced Procurement & Supply Chain Manager to lead strategic procurement, vendor management, cost optimization, sourcing, and supply continuity.

Key Result Areas (KRA)

1. Cost Optimization

- Achieve annual procurement savings through negotiation, competitive bidding, vendor consolidation, and alternate sourcing.

2. Vendor Management

- Identify, evaluate, onboard, and periodically assess vendors based on cost, quality, delivery, and service .

3. Strategic Sourcing

- Develop sourcing strategies and alternate supplier networks to reduce dependency and procurement risks.

4. Purchase Planning

- Ensure timely procurement of materials and services as per business requirements.

5. Commercial Negotiation

- Negotiate pricing, payment terms, credit period, delivery schedules, warranty, and other commercial conditions.

6. Quality Management

- Ensure all procured materials/services meet approved quality standards and specifications.

7. Delivery & TAT Management

- Monitor POs and vendor commitments to ensure timely delivery and avoid business/operational disruptions.

8. Inventory Optimization

- Coordinate with Stores and Operations to maintain optimum inventory levels and minimize excess/obsolete stock.

9. Procurement Compliance

- Ensure compliance with procurement policies, approval matrix, delegation of authority, and audit requirements.

10. Purchase Order Management

- Ensure accurate and timely creation, approval, monitoring,



and closure of POs.

11. Vendor Performance Management

- Track key vendor KPIs including Quality, Cost, Delivery, Responsiveness, and Service Level .

12. Procurement MIS & Analytics

- Prepare monthly MIS covering procurement spend, savings, vendor performance, pending POs, purchase cycle time, and key procurement metrics .

13. Contract Management

- Manage rate contracts, AMC/service contracts, commercial agreements, renewals, and contract expiry timelines.

14. Team Management

- Lead, develop, and motivate the procurement team while monitoring individual and team performance.

15. Risk Management

- Identify supply-chain risks and develop alternate sources for critical materials and services.

Key Performance Measurements
- Procurement savings %
- Cost reduction achieved
- Vendor OTIF (On-Time-In-Full) %
- Purchase cycle time
- Vendor quality performance
- Inventory optimization
- PO closure rate
- Alternate vendor development
- Contract renewal compliance
- Procurement policy compliance
- Supplier performance score
- Team productivity

Ideal Candidate
- 15–15 years of experience in Procurement, Strategic Sourcing, Vendor Management, and Supply Chain.
- Strong commercial negotiation and analytical skills.
- Experience in vendor development, cost optimization, contracts, and procurement MIS.
- Positive understanding of ERP/Procurement systems and Excel-based analytics.
- Strong leadership, stakeholder management, and problem-solving capabilities.

📌 Vice President Procurement (Delhi)
🏢 RK Business Group
📍 Delhi