HR at Jubilant HR Consultants
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Assistant Vice President - Procurement Function - Life Insurance (12-16 yrs)
Our Client is a well established Life Insurance Company. Established in 2011, the company is part of India's leading diversified financial services organization.
Position/ Title - AVP (Procurement Function)
Experience - 12 - 16 years of proven working experience as a Head of Procurement.
Qualification - Post Graduation /MBA/Cost Accountant and specialized in supply chain management, logistics or procurement administration.
Roles & Responsibilities :
- Devise and use fruitful sourcing strategies.
- Discover profitable suppliers and initiate business and organization partnerships
- Negotiate with external vendors to secure advantageous terms
- Approve the ordering of necessary goods and services
- Finalize purchase details of orders and deliveries
- Examine and test existing contracts and new contract management.
- Track and report key functional metrics to reduce expenses and improve effectiveness
- Collaborate with key persons to ensure clarity of the specifications and expectations of the company
- Foresee alterations in the comparative negotiating ability of suppliers and clients
- Expect unfavorable events through analysis of data and prepare control strategies
- Perform risk management for supply contracts and agreements
- Control spends and builds a culture of long-term saving on procurement costs.
- Overall management of procure to pay process and system.
Soft Skill Requirements:
- Strong negotiations skill and networking.
- Aptitude in decision-making and working with numbers
- Experience in collecting and analyzing data
- Strong leadership capabilities.
- Good interpersonal skills/stake holder management.
- System - Process acumen
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