Lead – Procurement

Position Summary: The Lead – Procurement will be responsible for managing procurement activities to ensure the timely and cost-effective sourcing of materials, components, and services required for business operations. The role will drive supplier development, commercial negotiations, cost optimization, procurement planning, and compliance with company policies while ensuring continuity of supply and effective stakeholder coordination. Work You’ll Do: Job Description Primary Objective ·   Lead end-to-end procurement activities for direct and indirect materials, components, and services, in line with business requirements. ·   Develop and implement sourcing strategies to achieve cost competitiveness, quality, and continuity of supply. ·   Identify, evaluate, develop, and manage suppliers; conduct supplier performance reviews and drive corrective actions where required. ·   Lead RFQ processes, bid evaluations, commercial negotiations, and supplier finalization. ·   Review purchase requisitions and ensure timely placement and release of purchase orders. ·   Monitor open purchase orders and supplier commitments to ensure timely delivery and resolve supply-related issues. ·   Drive cost reduction, value engineering, alternate sourcing, and process improvement initiatives. ·   Coordinate with Planning, Stores, Production, Quality, Engineering, Finance, and other stakeholders to meet material and service requirements. ·   Ensure procurement documentation, contracts, approvals, and records are maintained in accordance with company policies and procedures. ·   Monitor procurement risks, market trends, and supplier capacity; develop mitigation plans for critical materials. ·   Guide and support procurement team members and ensure effective execution of daily activities. Specific Objective ·   Ensure timely availability of materials and services to support uninterrupted business operations. ·   Achieve procurement cost, quality, delivery, and supplier performance objectives. ·   Strengthen supplier relationships and develop alternate sources for critical requirements. ·   Ensure adherence to procurement policies, approval matrix, and documentation requirements. ·   Identify and implement opportunities for cost savings and process efficiency. Basic Qualifications: ·   Bachelor’s degree in Engineering, Supply Chain Management, Business Administration, or a related discipline. ·   Relevant experience in procurement / purchasing, preferably in a manufacturing environment. ·   Strong knowledge of sourcing, supplier evaluation, negotiation, and purchase order management. ·   Proficiency in MS Office; working knowledge of ERP procurement modules in SAP. ·   Strong communication, negotiation, analytical, and stakeholder management skills. Preferred Qualifications: ·   Degree in Engineering or a relevant postgraduate qualification in Supply Chain / Operations Management. ·   Experience handling procurement for manufacturing, engineering, or industrial operations.