Purchase Head

Key Responsibilities:

• Developing and Implementing Purchasing Strategies:

  This involves creating and executing strategies to optimize the procurement process, reduce costs, and ensure the timely delivery of goods and services.

• Supplier Management:

  Establishing and maintaining strong relationships with suppliers, negotiating contracts, and evaluating vendor performance.

• Budget Management:

  Managing the purchasing budget, monitoring expenditures, and identifying opportunities for cost savings.

• Inventory Management:

  Overseeing inventory levels, forecasting demand, and ensuring the availability of necessary materials and supplies.

• Team Leadership:

  Leading and managing the purchasing team, providing guidance, coaching, and performance feedback.

• Ensuring Compliance:

  Ensuring all procurement activities comply with company policies, legal requirements, and ethical standards.

• Strategic Sourcing:

  Identifying and evaluating potential suppliers, negotiating favorable terms, and ensuring a diverse and reliable supplier base.

• Data Analysis and Reporting:

  Analyzing procurement data, tracking key performance indicators (KPIs), and providing regular reports to senior management.

• Continuous Improvement:

  Identifying opportunities to improve the procurement process, reduce costs, and enhance efficiency.

Skills and Qualifications:

• Strong leadership and management skills:

  The ability to lead and motivate a team, delegate tasks, and provide constructive feedback.

• Excellent negotiation and communication skills:

  The ability to negotiate favorable contracts and communicate effectively with suppliers and internal stakeholders.

• Strategic thinking and problem-solving skills:

  The ability to develop and implement effective purchasing strategies and solve complex procurement challenges.

• In-depth knowledge of procurement principles and practices:

  Understanding of sourcing, contract management, and supplier relationship management.

• Financial acumen:

  The ability to manage budgets, analyze financial data, and identify cost-saving opportunities.

• Proficiency in procurement software and tools:

  Experience with ERP systems, e-procurement platforms, and other relevant software.

• Bachelor's degree in supply chain management, business administration, or a related field:

  Relevant experience may be considered in lieu of a degree.