Head of Procurement

This role is for one of the Weekday's clients

Salary range: Rs 1500000 - Rs 2500000 (ie INR 15-25 LPA)

Min Experience: 12 years

Location: Bengaluru, Karnataka

JobType: full-time

The Head of Procurement is responsible for designing and executing strategic procurement plans to meet organizational sourcing needs in a cost-effective, efficient, and compliant manner. This role oversees the end-to-end procurement lifecycle—including vendor selection, negotiation, contract management, and cost optimization—while ensuring adherence to internal policies, industry regulations, and ethical standards.

Key Responsibilities

• Develop and implement procurement strategies aligned with organizational objectives.
• Identify opportunities for cost savings, efficiency gains, and process improvements.
• Build, manage, and sustain strong relationships with suppliers and service providers.
• Negotiate contracts and evaluate supplier performance to ensure the best value and quality standards.
• Lead, mentor, and develop the procurement team to drive high performance and continuous improvement.
• Define clear KPIs and ensure compliance with procurement policies and procedures.
• Manage procurement budgets, forecasts, and spending controls to reduce inefficiencies.
• Ensure compliance with all relevant policies, regulations, and ethical standards.
• Implement and optimize procurement systems, tools, and processes for greater transparency and efficiency.
• Collaborate closely with cross-functional teams, including finance, operations, and legal, to support business objectives.
• Provide senior management with regular reports on procurement metrics, risks, and strategic initiatives.

Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, or a related field.

Core Competencies

• Strategic Thinking & Financial Acumen
• Strong Negotiation & Contract Management Skills
• Supplier Relationship & Risk Management
• Proficiency in Procurement Software and ERP Systems
• Leadership, Team Development, and Communication Skills
• Ability to develop innovative and impactful procurement solutions

Experience

• 10–12 years of experience in procurement, with at least 5 years in a leadership capacity within a similar or allied industry.

Skills

• Procurement
• End-to-End Procurement