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Chief Procurement Officer


CSM Technologies


Location

Bhubaneswar | India


Job description

The Chief Procurement Officer (CPO) is a key leadership position responsible for overseeing and optimizing the procurement function within the IT company. The CPO will develop and implement strategic procurement initiatives, manage vendor relationships, and drive cost-effective procurement strategies. The role involves collaboration with various departments to ensure the procurement process aligns with the organization's goals and objectives.

Experience : 20+ Yrs Location : Bhubaneswar Job Description: Develop and execute a comprehensive procurement strategy aligned with CSM’s business objectives. Identify cost-saving opportunities and implement best practices in procurement processes. Cultivate and maintain strong relationships with vendors and suppliers. Negotiate contracts and agreements to secure favorable terms and conditions. Evaluate vendor performance and implement performance improvement measures as needed. Oversee the end-to-end procurement process, including requisition, sourcing, negotiation, and contract management. Ensure compliance with relevant regulations, policies, and procedures. Implement and maintain procurement tools and systems to enhance efficiency. Drive cost reduction initiatives while maintaining product and service quality. Analyze market trends and industry benchmarks to make informed procurement decisions. Timely and accurate project completion within budget Identify and mitigate procurement-related risks. Develop contingency plans to address potential disruptions in the supply chain. Collaborate with various departments, including Finance, Administration and IT, to understand their procurement needs and align strategies accordingly. Foster a collaborative and communicative environment across the organization. Build and lead a high-performing procurement team. Provide coaching, mentoring, and development opportunities for team members.

Candidate Profile: Proven experience in a senior procurement role, with at least 20 years of progressive responsibility. Previous experience in the IT industry is highly desirable. Strong negotiation and contract management skills. Excellent analytical and strategic thinking abilities. In-depth knowledge of procurement regulations, market trends, and industry best practices. Leadership and team management skills. Ability to effectively communicate complex procurement concepts to stakeholders at all levels.


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