Head of Purchasing

As the Purchase Head / Head of Procurement, your primary responsibility is to develop and implement procurement strategies that are in line with the organizational goals. You will be tasked with identifying cost-saving opportunities and enhancing purchasing processes to drive efficiency. Your role also includes establishing and nurturing relationships with suppliers and vendors. You will negotiate contracts and terms to secure favorable agreements that benefit the organization. Additionally, you will lead and manage the procurement team, providing them with guidance and support while fostering a collaborative environment for professional development. In terms of budget management, you will oversee procurement budgets and monitor spending to ensure compliance. Analyzing financial data to identify trends and improve forecasting will be crucial to your role. It is also important to stay abreast of market trends, new products, and emerging suppliers through market research to inform purchasing decisions. Risk management is another key aspect of your job. You will be responsible for identifying potential risks in the supply chain and developing strategies to mitigate them. Ensuring compliance with relevant regulations and standards is essential to maintain operational integrity. Performance analysis is a continuous process where you will monitor and evaluate supplier performance and procurement processes. Implementing performance metrics and KPIs to track efficiency and effectiveness will be part of your regular responsibilities. Collaboration is key as you will work closely with other departments such as finance, operations, and production to align on procurement needs. Participation in cross-functional teams for major projects and initiatives is also expected. To be successful in this role, you should hold a CA/ B.Tech/ Bachelor's degree in Business Administration, Supply Chain Management, or a related field (Masters preferred). Significant experience in procurement or supply chain management is required, along with strong negotiation and communication skills.,