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Procurement Head

Job title: Procurement Head
Location: Chennai
Specialisation: Trading
Salary: INR 1,800,000 - 2,000,000 (Annual)
Reference: PR/109873
Job published: December 03, 2025 18:36

Key Responsibilities

1. Strategic Procurement Planning & Execution

  • Develop and implement procurement strategies aligned with operational and production goals.
  • Prepare annual procurement budgets, monitor spending, and optimize costs without compromising quality or delivery timelines.
  • Collaborate with production, maintenance, and finance teams for material forecasting and procurement scheduling.
  • Drive strategic sourcing initiatives to identify cost-saving opportunities and alternative suppliers.
  • Prepare and present monthly and quarterly procurement performance reports to management.

2. Supplier Qualification & Development

  • Lead new supplier qualification and registration processes, ensuring evaluation of capacity, technical competency, quality systems, and financial stability.
  • Maintain an updated and compliant supplier database.
  • Build strong supplier relationships to ensure reliability, transparency, and mutual growth.
  • Conduct supplier capability assessments and onboarding with cross-functional teams.

3. Supplier Evaluation & Audit

  • Implement structured supplier performance evaluation based on quality, cost, delivery, responsiveness, and compliance.
  • Coordinate supplier audits covering QMS, CSR, and statutory requirements.
  • Collaborate with suppliers to address audit findings and drive continuous improvement.
  • Ensure compliance with environmental, labor, and ethical standards.

4. Procurement Operations & Contract Management

  • Oversee end-to-end procurement processes from requisition to delivery follow-up.
  • Verify purchase invoices and coordinate with finance for timely payments.
  • Review and manage supplier contracts, service agreements, and price commitments for legal and commercial compliance.
  • Mitigate supply chain risks through alternate sourcing and contingency planning.
  • Maintain accurate documentation for audit readiness.

5. Budgeting, Reporting & Cost Control

  • Develop and monitor annual procurement budgets aligned with factory financial goals.
  • Analyze variances between planned and actual spend, identifying savings opportunities.
  • Present periodic procurement and financial reports to management.
  • Implement cost reduction strategies through value engineering, negotiation, and process optimization.

6. Quality, Compliance & Governance

  • Ensure adherence to QMS standards, CSR guidelines, and statutory regulations in all procurement activities.
  • Establish and maintain procurement policies, SOPs, and documentation control systems.
  • Conduct internal reviews and liaise with audit teams to close compliance gaps.

7. Team Leadership & Development

  • Lead and mentor the procurement team to achieve departmental objectives.
  • Conduct training programs on procurement policies, negotiation skills, and compliance practices.
  • Foster a culture of continuous learning, accountability, and ethical procurement.
  • Identify and develop high-potential employees for succession planning.

 

Key Skills & Competencies

  • Expertise in strategic sourcing, procurement planning, and contract negotiation.
  • Strong knowledge of supplier qualification, audits, and compliance standards (QMS, CSR, statutory laws).
  • Understanding of construction materials, factory consumables, indirect materials, and services procurement.
  • Proven ability in budget management, cost control, and procurement analytics.
  • Advanced proficiency in ERP/SAP systems, MS Excel, and reporting tools.
  • Excellent leadership, communication, negotiation, and interpersonal skills.
  • High integrity, attention to detail, and commitment to compliance and ethics.

 

 

Additional Requirements

  • Mandatory: Valid Passport.
  • Willingness to travel overseas for training.