FEFerns N Petals
Head Procurement
Delhi ₹8-13 LPA Posted 26 May 2025
FULL TIME
supplier relationship management
Team Management
Supply Chain Management
Contract Management
Procurement
Job Description
The Head of Procurement will play a strategic leadership role in managing and optimizing procurement operations within a dynamic e-commerce environment. Reporting to the CFO, this position is responsible for developing procurement strategies, ensuring cost-effective sourcing, managing supplier relationships, and leading a high-performing procurement team.
Key Responsibilities:
Procurement Strategy
- Develop and execute a comprehensive procurement strategy aligned with company goals.
- Ensure scalability and efficiency to support business growth.
Vendor Management
- Identify, evaluate, and negotiate with suppliers for best terms.
- Conduct rigorous supplier assessments to ensure quality and compliance.
Cost Optimization
- Monitor procurement processes to identify and implement cost-saving opportunities.
- Lead contract negotiations and manage procurement budgets effectively.
Supplier Relationship Management
- Build and maintain strong relationships with key suppliers.
- Resolve issues proactively and drive continuous improvement initiatives.
Inventory Collaboration
- Coordinate with inventory teams to ensure optimal stock levels.
- Reduce carrying costs and avoid stockouts through efficient planning.
Compliance & Ethics
- Ensure all procurement activities are compliant with laws, regulations, and ethical standards.
- Promote sustainability and ethical sourcing in procurement practices.
Team Leadership
- Supervise, coach, and mentor a team of procurement professionals.
- Cultivate a high-performance culture focused on innovation and excellence.
Risk Mitigation
- Identify and mitigate procurement-related risks such as supply disruptions and price volatility.
Reporting
- Present comprehensive reports on procurement KPIs, savings, and performance to senior management.
Qualifications & Experience:
- Education: Bachelor's degree in Business, Supply Chain Management, or a related field (Master's degree preferred).
- Experience: Minimum 8 years of procurement/supply chain experience with at least 3 years in a leadership role, preferably in e-commerce or fast-paced industries.
Key Skills:
- Strong negotiation and contract management skills.
- Deep knowledge of procurement best practices and current market trends.
- Excellent communication, analytical, and interpersonal skills.
- Experience with procurement software/tools (e.g., SAP, Oracle, Coupa).
- Proven leadership and team-building capabilities.
- Data-driven decision-making and reporting proficiency.
