Setco Automotive - Purchase Head

Job Title: Purchase Head

Experience Required: 15-20 Years

Industry Preference: Manufacturing industry, preferably Automotive or Auto-Ancillary

Job Description:

Strategic Procurement Leadership:

- Develop and implement robust procurement strategies aligned with the companys business objectives and cost-efficiency goals.

- Lead the sourcing and vendor development functions to ensure the best value in terms of quality, cost, delivery, and service.

- Establish procurement policies and procedures that drive operational excellence and compliance.

- Collaborate with cross-functional teams including Production, Finance, R&D, and Supply Chain to align purchasing strategies with business needs.

Vendor and Supply Chain Management:

- Build and maintain strong relationships with key suppliers and negotiate long-term contracts ensuring continuity of supply and cost competitiveness.

- Monitor vendor performance against key KPIs such as quality, delivery, responsiveness, and compliance.

- Identify and develop alternate sources of supply to mitigate risk and ensure supply chain resilience.

- Ensure timely procurement of materials while maintaining optimal inventory levels.

Cost Optimization and Value Engineering:

- Drive cost reduction initiatives through strategic sourcing, spend analysis, and value engineering.

- Identify opportunities for price negotiations and implement initiatives that reduce total cost of ownership.

Compliance and Risk Management:

- Ensure adherence to statutory and regulatory requirements, including import/export compliance, GST, and environmental norms.

- Monitor and mitigate supply-related risks through robust risk assessment and contingency planning.

Team Leadership and Development:

- Lead, mentor, and develop a high-performing procurement team.

- Foster a culture of accountability, continuous improvement, and innovation within the procurement function.

System and Process Management:

- Ensure accurate documentation and transparency in all procurement transactions.

- Leverage ERP systems (preferably SAP) for process automation, spend analysis, and real-time decision-making.

- Continuously review and improve procurement processes to enhance operational efficiency.

Qualifications and Skills:

- Bachelors degree in Engineering, Supply Chain, or a related field; MBA/PGDM in Supply Chain Management or Operations is preferred.

- 15-20 years of experience in procurement, with at least 5 years in a leadership role within the manufacturing sector.

- Proven expertise in strategic sourcing, cost optimization, and supplier relationship management.

- Strong negotiation and contract management skills.

- Proficiency in ERP systems (SAP is mandatory).

- Excellent analytical, communication, and leadership abilities.

- Strong commercial and business acumen with a focus on value creation.