Procurement Team Lead

Your role and responsibilities:
In this role, you will have the opportunity to lead a functional work team to deliver accurate and timely procurement activities like transactional purchasing, e-sourcing, data management, and reporting. Each day, you will ensure execution in accordance with company and Procurement team instructions and procedures. You will also showcase your expertise by tracking of procurement activities within the team, while ensuring quality of delivery service at improved transactional cost.The work model for the role is: LI-Onsite
This role is contributing to the Electrification Business in Smart Power Division in Hyderabad, India
You will be mainly accountable for:

• Procurement Management: Oversees procurement activities for R&D projects, ensuring high-quality service delivery and cost efficiency.
• Compliance & Risk Mitigation: Ensures adherence to quality and commercial procedures to minimize financial and quality risks.
• Process Optimization: Applies group guidelines to improve cost, quality, delivery, and working capital metrics like payment terms and inventory levels.
• System & Platform Utilization: Manages supply chain systems and ensures effective use of SAP Ariba for supplier information and sourcing.
• Supplier & Contract Management: Handles contract negotiations, develops cost-effective suppliers, and reduces supply risk by avoiding single-source dependencies.
• Continuous Improvement: Identifies root causes of procurement issues, eliminates non-value-added steps, and drives process enhancements.
• Stakeholder & Compliance Alignment: Maintains strong stakeholder relationships and ensures all activities align with ABBs HSE policies, legal standards, and values.

Qualifications for the role:

• Experience & Education: Minimum 10 years in engineering or industrial procurement, with a Bachelor's in Engineering/Science and additional certifications in Supply Chain Management (SCM).
• Technical & Product Knowledge: Strong understanding of technical aspects of industrial products, especially electromechanical components.
• Tool Proficiency: Skilled in SAP HANA, Ariba, and MS Excel for procurement and data management tasks.
• Communication & Analytical Skills: Effective written and verbal communication, along with strong analytical and interpersonal abilities.
• Industry Background Advantage: Experience in electromechanical components and equipment procurement is considered a valuable asset.