Head - Procurement

Role Purpose

Lead and manage the end-to-end procurement and strategic sourcing function for the organization by ensuring cost-effective procurement, supplier development, material availability, inventory optimization, supply chain efficiency, and risk management to support business growth, manufacturing continuity, operational excellence, and profitability objectives.

Key Responsibilities / Accountabilities

• Lead the overall procurement and sourcing strategy for raw materials, bought-out components, consumables, tooling, capital equipment, indirect materials, and services.
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• Develop procurement policies, sourcing frameworks, supplier strategies, and governance mechanisms aligned with organizational goals.
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• Drive strategic sourcing, supplier negotiations, long-term contracts, and procurement optimization initiatives to improve cost competitiveness and supply continuity.
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• Lead vendor identification, evaluation, onboarding, development, performance management, and supplier relationship management activities.
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• Ensure timely availability of materials and services to support manufacturing, projects, maintenance, and business operations.
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• Drive cost reduction, localization, value engineering, and alternate sourcing initiatives across procurement categories.
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• Monitor procurement KPIs including cost savings, supplier performance, inventory levels, on-time delivery, quality performance, and working capital optimization.
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• Collaborate with Manufacturing, Planning, Quality, Engineering, Finance, Stores, and Project Management teams for procurement planning and execution.
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• Lead procurement planning for new product introduction (NPI), expansion projects, automation initiatives, and capital investments.
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• Monitor commodity trends, market intelligence, pricing fluctuations, supply chain risks, and mitigation strategies.
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• Ensure procurement compliance with statutory regulations, organizational policies, audit requirements, and ethical sourcing practices.
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• Drive digital procurement initiatives including ERP optimization, procurement analytics, supplier portals, and automation systems.
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• Lead supplier quality improvement and corrective action initiatives in coordination with QA/QC and Manufacturing teams.
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• Manage procurement budgets, commercial negotiations, contract management, and procurement-related financial controls.
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• Support inventory optimization initiatives and ensure alignment between procurement strategy and production planning.
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• Develop strong supplier partnerships to improve responsiveness, innovation, quality, and long-term business value.
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• Lead procurement audits, customer audits, compliance reviews, and supply chain assessments.
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• Mentor and develop procurement teams through capability building, succession planning, and performance management.
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• Drive continuous improvement initiatives related to procurement efficiency, process standardization, and supply chain excellence.
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Knowledge and Experience

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• Bachelor’s / Diploma degree in Engineering, Supply Chain, Commerce, or Business Administration.
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• MBA / PGDM in Supply Chain, Operations, or Materials Management preferred.
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• 15–24 years of progressive procurement and supply chain experience in manufacturing industries.
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• Strong experience in strategic sourcing, procurement operations, supplier management, and supply chain optimization.
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• Exposure to hydraulics, automotive, engineering products, CNC machining, precision manufacturing, or industrial equipment industries preferred.
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• Strong commercial acumen including negotiation, cost analysis, contract management, and budgeting.
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• Deep understanding of inventory management, material planning, localization, vendor development, and procurement analytics.
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• Familiarity with ERP systems, procurement automation tools, MIS reporting, and digital supply chain systems.
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• Knowledge of taxation basics, import/export coordination, compliance requirements, and procurement governance.
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• Experience in managing large supplier networks and cross-functional stakeholder coordination.
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• Exposure to Lean Supply Chain, inventory optimization, and continuous improvement methodologies.