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Lead - Strategic Procurement

14 years

0 Lacs

Posted:3 days ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Responsibilities / Tasks

Strategic Sourcing & Category Management

  • Lead category strategy development for direct and indirect spend (e.g., raw materials, machined components, Casting ,Forging ).
  • Drive supplier segmentation, risk management, and long-term sourcing agreements (LTAs).
  • Conduct should-cost analysis, benchmarking, and total cost of ownership (TCO) assessments.
  • Manage supplier performance using KPIs (OTD, quality, cost, innovation).
  • Identify and onboard strategic suppliers aligned with cost, quality, and innovation targets.
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Procurement Digitalization & Process Automation

  • Champion the deployment and enhancement of digital procurement platforms (e.g., SAP Ariba, Coupa, Jaggaer, or custom ERP tools).
  • Implement tools for e-sourcing, contract lifecycle management (CLM), supplier collaboration portals, and spend analytics dashboards.
  • Drive automation of P2P (Procure-to-Pay), source-to-contract (S2C), and workflow integration with finance, production, and planning systems.
  • Evaluate and implement AI/ML-based procurement intelligence and supplier scorecards.
  • Lead change management and stakeholder training for digital adoption across global teams.
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Cost Optimization & Value Engineering

  • Lead cross-functional cost reduction initiatives with engineering, quality, and operations teams.
  • Support Design-to-Cost (DTC) and Value Analysis/Value Engineering (VA/VE) programs.
  • Evaluate global sourcing opportunities, including LCC (Low-Cost Country) sourcing.
  • Drive make vs. buy analysis and contribute to capacity expansion strategies.
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Compliance, Sustainability & Governance

  • Ensure compliance with internal policies, legal requirements, and supply chain transparency laws (e.g., RoHS, REACH, ESG reporting).
  • Integrate sustainable procurement practices and develop supplier sustainability scorecards.
  • Lead supplier risk mitigation strategies (geopolitical, financial, logistical, environmental).

Education

Your Profile / Qualifications

  • Bachelor’s degree in Mechanical/Production/Industrial Engineering, Supply Chain.
  • Master’s in Business Administration (MBA) or Supply Chain Management ( Added advantage) .

Experience

  • Minimum 14+ years in strategic sourcing/procurement .
  • Proven experience in implementing or managing Strategic Procurement.
  • Strong background in engineering/manufacturing industries (Food and Pharma Machinery ,automotive, heavy machinery, etc.).

Technical Skills

  • Familiarity with data analytics tools (Power BI, Tableau, SQL).
  • Strong analytical, negotiation, and project management skills.
  • Ability to analyze technical drawings and specifications for procurement of engineered items.
  • Expertise in eProcurement platforms (SAP Ariba, Oracle SCM, Coupa, etc.).

Soft Skills

  • Strong leadership and stakeholder management skills.
  • Excellent communication and change management capabilities.
  • Business acumen and strategic thinking.

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