Location
Mumbai | India
Job description
Overview:
The Purchase Head of Department (HOD) plays a crucial role in overseeing the procurement function of the organization. They are responsible for formulating and implementing procurement strategies to ensure costeffective purchasing of all goods and services. The Purchase HOD works closely with various internal departments to understand their requirements maintain supplier relationships and drive process efficiency.
Key Responsibilities:
- Develop and implement purchasing strategies.
- Lead and manage the purchase team.
- Negotiate with vendors to secure advantageous terms.
- Establish and maintain beneficial supplier relationships.
- Oversee and manage the procurement budget.
- Ensure compliance with purchasing policies and procedures.
- Conduct market research to identify potential suppliers.
- Monitor and forecast upcoming levels of demand.
- Collaborate with various internal stakeholders to determine procurement needs.
- Optimize procurement processes for efficiency.
- Review and analyze procurement metrics.
- Resolve supplier performance issues and contract disputes.
- Keep abreast of industry trends and best practices.
- Implement cost reduction initiatives.
- Assess and manage risks in the supply chain.
Required Qualifications:
- Bachelors degree in Business Administration Supply Chain Management or related field.
- Proven experience as a purchase manager or in a similar role.
- Strong leadership and managerial skills.
- Excellent negotiation and networking abilities.
- Proficiency in supply chain and inventory management.
- Sound knowledge of procurement regulations and best practices.
- Demonstrated ability to handle complex procurement activities.
- Analytical and problemsolving skills.
- Effective communication and interpersonal skills.
- Proficiency in relevant procurement software.
- Ability to work under pressure and meet tight deadlines.
- Understanding of financial and budgeting processes.
- Certification in Purchasing (e.g. CIPS) is a plus.
- Proven track record of cost savings and process improvements.
- Adherence to ethical and professional standards.
leadership,negotiation,strategic planning,supply chain management,vendor management,procurement
Job tags
Salary
