Head of Purchase

• Qualification : BE in mechanical / electrical engineering / industrial engineering. MBA in Supply Chain Management or Operations is preferred
• **Experience :**10–15 years of experience in Strategic Sourcing, Procurement, or SCM.
• Location : Bangalore-Hoskote

Key Responsibilities

Strategic Sourcing

• Develop and implement sourcing strategies aligned with business objectives.
• Identify, evaluate, and onboard new suppliers for cost, quality, and delivery improvement.
• Conduct supplier negotiations for pricing, contracts, payment terms, and long-term agreements.
• Drive cost reduction initiatives through value engineering and alternate sourcing.

Procurement & Supply Management

• Ensure timely procurement of materials to support production schedules.
• Monitor inventory levels and coordinate with planning and operations teams.
• Review purchase requisitions and convert them into purchase orders.
• Track supplier performance on quality, delivery, and responsiveness.

Supplier Relationship Management

• Develop and maintain strong relationships with key suppliers.
• Conduct supplier audits and periodic performance reviews.
• Resolve supplier-related issues concerning quality, delivery, and commercial matters.
• Promote supplier development initiatives.

Cost Management

• Analyses spent data and identified opportunities for cost optimization.
• Monitor market trends, commodity prices, and supply risks.
• Implement cost-saving projects and report savings periodically.

Compliance & Documentation

• Ensure procurement activities comply with company policies and procedures.
• Maintain contracts, purchase records, and supplier documentation.
• Ensure adherence to statutory and regulatory requirements.

Cross-Functional Coordination

• Work closely with Production, Engineering, Quality, Finance, and Stores teams.
• Support new product development and localization initiatives

Required Skills

• Strategic Sourcing & Vendor Development
• Contract Negotiation
• Cost Analysis & Cost Reduction
• Supplier Relationship Management
• Import & Export Procurement
• ERP/SAP Knowledge
• Inventory Management
• Data Analysis and Reporting
• Excellent communication and stakeholder management skills

Key Performance Indicators (KPIs)

• Procurement cost savings (%)
• Supplier on-time delivery performance
• Supplier quality performance (PPM)
• Inventory turnover ratio
• Purchase order cycle time
• Vendor development and localization achievements

Travel Requirement:

Occasional domestic and international travel is required.