12 Sep
|
Havells
|
Sri City
Position: Sr Manager (Procurement & Sourcing)
Department: Purchase / Supply Chain Management
Reporting To: Head Procurement
Location: Sri City
Job Purpose To lead strategic sourcing, procurement, supplier development, cost optimization, localization initiatives, and supply chain risk management for production materials, MRO items, imports, and non-BOM procurement. The role is responsible for ensuring uninterrupted supply, driving cost competitiveness, supporting new product development, and building a high-performing procurement team aligned with organizational goals.
Key Responsibilities
Strategic Procurement & Sourcing
- Develop and implement procurement and sourcing strategies aligned with business objectives.
- Manage domestic procurement, import sourcing, non-BOM procurement, and MRO purchasing activities.
- Build and maintain a competitive, sustainable, and diversified supplier base.
- Develop sourcing strategies to mitigate single-source dependency and ensure supply continuity.
Cost Management & Productivity Improvement
- Lead cost reduction initiatives through negotiations, alternate sourcing, value engineering, and process improvements.
- Monitor market trends, commodity movements, and industry developments to identify opportunities for savings.
- Analyze procurement spend and implement strategies for cost optimization and waste reduction.
- Drive annual productivity and cost-saving projects to meet business targets.
Supplier Development & Relationship Management
- Identify, evaluate, qualify, and develop strategic suppliers.
- Negotiate commercial agreements, contracts, and long-term partnerships with suppliers.
- Drive continuous improvement in supplier performance related to quality, delivery, cost, and service.
- Ensure supplier compliance with company standards, quality requirements, and sustainability expectations.
Supply Chain Risk Management
- Conduct supplier risk assessments and implement mitigation plans to ensure business continuity.
- Monitor supplier financial, operational, and capacity-related risks.
- Develop contingency sourcing plans for critical commodities and materials.
Recent Product Development & VA/VE Support
- Collaborate with R&D;, Engineering, and Manufacturing teams on new product development projects.
- Support Value Analysis / Value Engineering (VA/VE) initiatives through supplier innovation and alternate material development.
- Ensure timely sourcing and development support for new product launches.
Operations & Inventory Management
- Oversee the purchase order lifecycle from sourcing to delivery.
- Ensure optimum inventory levels while maintaining uninterrupted material availability.
- Coordinate with Planning, Production, Quality, and Logistics teams to support operational requirements.
- Drive packaging optimization initiatives to reduce logistics costs and improve material handling efficiency.
Compliance, Ethics & ESG
- Ensure procurement activities comply with company policies,
legal requirements, and regulatory standards.
- Lead procurement operations in accordance with the organization's Code of Ethics.
- Promote Environmental, Social, and Governance (ESG) initiatives within the supplier ecosystem.
- Drive responsible sourcing and sustainability practices across the supply chain.
Team Leadership & People Development
- Lead, mentor, and develop procurement team members.
- Establish performance objectives, training plans, and career development programs.
- Build a culture of accountability, collaboration, and continuous improvement within the team.
Key Performance Indicators (KPIs)
- Annual Cost Savings Achievement
- Localization & Import Substitution Targets
- Supplier OTIF (On-Time In-Full) Performance
- Supplier Quality Performance (PPM/Rejection Levels)
- Inventory Turnover & Working Capital Improvement
- Supply Risk Mitigation Effectiveness
- New Product Development Support
- VA/VE Savings Achievement
- ESG & Sustainability Compliance
- Team Capability Development
Qualifications & Experience
- Bachelor's Degree in Engineering / Mechanical / Electrical / Industrial Engineering (MBA preferred).
- 12-17 years of experience in Procurement, Strategic Sourcing, Supplier Development, and Supply Chain Management in a manufacturing environment.
- Strong expertise in cost management, contract negotiation, supplier development, imports, localization, and inventory optimization.
- Experience in ERP systems (SAP preferred) and procurement analytics.
- Strong leadership, stakeholder management, negotiation, and problem-solving skills.
📌 Sr Manager (Procurement & Sourcing) (Sri City)
🏢 Havells
📍 Sri City