Key Responsibilities Strategic Procurement

- Lead the procurement activities related to rate contracts and framework agreements.
- Manage large procurement spends across different categories of materials and services.
- Develop sourcing strategies that support business requirements and organizational goals.
- Identify opportunities for cost savings and procurement optimization.
- Review team performance and provide guidance for effective execution of procurement activities.
- Ensure timely availability of materials and services through effective contract management.

Strategic Initiatives

- Drive initiatives for standardization and consolidation of procurement categories.
- Promote best procurement practices across business units and locations.
- Support implementation of digital procurement tools and systems.
- Develop and maintain material catalogues and benchmarking mechanisms.
- Work with different business units to increase the scope and utilization of rate contracts.
- Identify opportunities for process automation and digital transformation.

Stakeholder Management

- Build and maintain strong relationships with key suppliers and service providers.
- Engage with senior management and business leaders to understand procurement requirements.
- Collaborate with internal departments to ensure smooth procurement operations.
- Resolve supplier concerns and establish effective grievance handling mechanisms.
- Conduct regular discussions with suppliers to improve service levels and performance.

Governance and Compliance

- Ensure compliance with procurement policies, procedures, and guidelines.
- Monitor contract execution and adherence to agreed terms and conditions.
- Review exceptions and obtain required approvals for policy deviations.
- Support internal and external audits by providing necessary documentation and information.




- Implement corrective actions based on audit observations.
- Continuously improve procurement processes to enhance efficiency and control.

Key Interactions Internal Stakeholders The Role Interacts Regularly With

- Finance Department
- Legal Department
- Information Technology (IT) Department
- Corporate Supply Chain Leadership
- Independent Companies (ICs)
- Regional Procurement Teams
- Project and Business Unit Teams

These interactions help ensure alignment of procurement strategies, contract compliance, budget management, and operational support. External Stakeholders The Role Interacts With

- Key Vendors and Suppliers
- Supplier Management Teams
- Supplier CXOs and Senior Leadership

The purpose of these interactions is contract negotiation, supplier relationship management, commercial discussions, and strategic partnerships.

Educational Qualification

- Bachelor's Degree in Engineering (B.Tech)
- Post Graduate Diploma in Materials Management or equivalent qualification

Experience Required Years of Experience

- 15 to 20 years of relevant experience in Supply Chain Management.

Preferred Experience

- Experience in project-based and manufacturing organizations.
- Strong exposure to procurement and supply chain operations.
- Proven experience in handling large-value contracts.
- Experience in managing teams and leading procurement functions.
- Valuable understanding of supply and service contracts.
- Strong knowledge of tendering, supplier evaluation, negotiation, and contract management processes.
- Experience in developing and implementing sourcing strategies.

Technical Skills The Ideal Candidate Should Possess

- Procurement Planning
- Contract Management
- Commercial Acumen
- Knowledge of Legal and Commercial Terms
- Strategic Sourcing
- Vendor Management
- Cost Optimization Techniques
- Spend Analysis
- Tendering Process Management
- Negotiation Skills
- Digital Procurement Systems Knowledge

📌 Head - Rate Contracts (Chennai Metropolitan Area)
🏢 Larsen u0026 Toubro
📍 Chennai Metropolitan Area