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Head of Procurement

icon building Company : Xpertreach
icon briefcase Job Type : Full Time

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Job Description - Head of Procurement

Position Overview:

The Head of Procurement will lead the procurement function,
focusing on sourcing high -quality materials essential for the manufacturing of
cables and wiring harnesses. This role requires an experienced professional
with a deep understanding of the industry, capable of optimizing procurement
processes, managing supplier relationships, and ensuring the timely
availability of critical components. Additionally, the role includes
significant involvement in New Model Development, supplier evaluation, and cost
reduction strategies.

Key Responsibilities:

  • Procurement
    Strategy:
    Develop and implement procurement strategies specifically
    tailored to the needs of cable and wiring harness manufacturing, ensuring
    alignment with the company's overall business objectives.
  • Sourcing
    & Supplier Management:
    Source and manage the procurement of key
    raw materials, including copper, aluminium, PVC, rubber, insulation
    materials, connectors, terminals, and other related components essential
    for production. Lead negotiations with suppliers to secure the best
    possible terms, focusing on cost -effectiveness, quality, and reliability
    of supply. Develop a robust supplier base, identifying and qualifying new
    suppliers to ensure a consistent and competitive supply chain.
  • New
    Model Development:
    Coordinate with the CFT (NMD/QA/PT) to align with
    customer requirements. Plan for New Model Development, conduct gap
    analysis, design reviews, cost and quality benchmarking, and ensure
    quality gates for all customer builds. Facilitate trial runs and commissioning
    of new models, processes, or products among Tier -2 suppliers in
    collaboration with Incoming Quality/NMD vehicle build requirements.
  • Supplier
    Evaluation & Development:
    Conduct thorough evaluations of
    suppliers, including SWOT analysis, to ensure alignment with child part
    requirements. Manage the Approved Vendor List and demonstrate knowledge of
    VSA audit and IATF standards. Drive new commodity feasibility, development,
    and costing in line with customer expectations.
  • Cost
    Reduction & Localization:
    Finalize annual budgets for New Model
    developed parts, especially from North -based suppliers. Explore
    localization of BOP/Tooling’s/commodities and alternate sourcing
    opportunities to drive cost reduction. Improve yield in vendor processes
    through effective management.
  • Inventory
    & Market Monitoring:
    Oversee inventory management to ensure
    optimal stock levels of raw materials and components, balancing cost
    efficiency with production requirements. Monitor market trends and changes
    in material costs, adjusting procurement strategies to mitigate risks and
    capitalize on opportunities.
  • Compliance
    & Safety:
    Ensure compliance with all relevant regulations,
    standards, and company policies related to procurement, particularly in
    areas concerning environmental and safety regulations. Implement safety
    practices, conduct safety audits with vendors, and ensure adherence to
    safety norms at all Tier -2 suppliers.
  • Team
    Leadership:
    Provide leadership and direction to the procurement team,
    fostering a culture of high performance, collaboration, and professional
    development. Drive continuous improvement in procurement processes,
    leveraging technology and best practices to enhance efficiency and reduce
    costs.


Requirements

Qualifications:

  • Education: Bachelor’s degree in supply chain management, Business Administration,
    Engineering, or a related field. 
  • Experience: Minimum of 15 years of procurement experience in manufacturing, with at
    least 5 years in a leadership role within the cable and wiring harness
    industry or a closely related field.
  • Skills Required: 
    • Strong
      understanding of materials and components used in cable and wiring
      harness manufacturing.
    • Proven
      track record in strategic sourcing, supplier negotiation, and contract
      management.
    • Expertise
      in new model development, supplier evaluation, and cost reduction
      strategies.
    • Excellent
      leadership, communication, and interpersonal skills.
    • Proficiency
      in procurement software and tools.
    • Strong
      analytical and problem -solving skills.
    • High
      level of integrity and commitment to ethical procurement practices.


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