Job Description of Assistant/Deputy Vice President - Central Purchase

Company :

INOX Leisure Limited

Position :

Deputy Vice President - Central Purchase

Reporting to :

Vice President - Finance

Qualification :

B.E. / B. Tech with MBA in Materials and Supply chain management from a premier Institute

INOX Leisure Limited (INOX) is a leading public limited, listed company, operating a national chain of multiplex cinema theatres. It is traded both on the National Stock Exchange and the Bombay Stock Exchange. INOX today has 479 screens and 119 multiplexes across 58 cities. INOX is known for its best-in-class quality, cutting edge technology and a high customer service delivery.

WORK EXPERIENCE :

- The candidate should have around 18 years plus proven experience in handling procurement management functions.

- The candidate should have, in the last 5 years, worked in a company having an annual turnover more than Rs 750 crores. Candidate should have held senior corporate role handling procurement activities on PAN INDIA basis.

- Candidates from the Entertainment / Engineering / Television / Music / Media / Big Retail Chains / Hospitality/ Amusement Parks and other FMCG would be preferred.

- Excellent communication and presentation skills both written and spoken.

ROLE

He will be responsible for all central procurement, business planning, budgeting and execution on PAN INDIA basis. He will be an active member of the company's executive team and will work in close coordination with other executive team members. Working closely with PAN INDIA units to structure and implement annual procurement strategies and procedures.

FUNCTIONAL RESPONSIBILITIES :

Responsible for drawing company-wide procurement plans on PAN INDIA basis in line with budgets & Business Plans. Responsible for planning, purchasing, controlling, coordinating and participating in all purchase related activities at INOX.

DUTIES AND RESPONSIBILITIES :

- Establishment and monitoring of Central purchase cell at the corporate office for direct purchase on Pan India basis for Food and Beverage, Engineering, Projects, Administration, Operations, Marketing, etc.

- Formulating systems and processes to bring standards and controls in procurement which includes vendor development and management.

- Preparation of annual purchase budget and ensure Purchase price variance is maintained within the annual operating plan.

- To cater all the unit requirements of direct/indirect materials and services.

- To share with management forecasted prices of various commodities.

- Review of Purchase budget/performance with the management on monthly basis.

- To ensure that all central purchase related reports and financial statements comply with the standards set, and in accordance with the management agreements.

- Cost reduction through developing new vendor network.

- Compare and examine the quotations before finalizing the vendor contract and agreement.

- Ensures that the vendors and rate contracts are assigned as per the best available rate.

- Ensures that vendors are audited for stability and consistency of quality product and services delivery.

- Ensures that all the pre-opening requirements of the opening unit are facilitated and made available to ensure timely opening of the unit.

- Ensures that monthly closing inventories and reports are sent to the CPU to verify accountability.

- Monitors stock levels periodically across all the units to prevent unavailability of items at the unit.

- Ensures that vendor bills are passed and processed as per the contracts.

Travel Requirement: Job requires traveling.

Age limit: not more than 45 years

Significant Attributes :

- Should be able to demonstrate Strong leadership skills, both in terms of leading and setting up the central procurement team in corporate.

- Should possess the good understanding of the products/materials and market.

- Should possess Good Negotiating skills

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