Vice President - Procurement/SCM - Furniture/eCommerce

VP - Procurement/SCM - Furniture/eCommerce

VP- Procurement - Ecommerce (Online Furniture Company), Mumbai

Shift - UK Shift (2 to 11 pm) Work From Office post pandemic - Currently WFH

Will involve International Travel.

Mumbai/Pune candidates preferable.

Salary - Upto 60 LPA

1. Analytics/ CA/ Consulting background ( ex- Mckinsey, BCG etc)

2. MBA/CA with Top B School /Premier Institute- preferable

3. Consulting Experience in sourcing specialist (Eg: Accenture/ Deloitte/ EY)

4. Furniture Sourcing Experience preferable (ExxPepperfry, Godrej Interio, Durian, Furlenco, Rentmojo)

Job Description :

- VP of Procurement will be responsible for leading global procurement efforts to efficiently and effectively enable spend owners such as business verticals and functional partners to maximize the value they receive from suppliers to meet their objectives. He/she will work with each business vertical to lead centralized direct and indirect sourcing and procurement efforts. This will include working with the internal stakeholder from initial need identification to final goods or service delivery to meet stakeholder needs.

- The process starts with demand management (via stakeholder management) that then drives supply analysis/strategy, supplier identification, sourcing execution (i.e., "tendering"), contract negotiation, delivery planning and monitoring, purchase execution, and then ongoing performance management and improvement.

- He/She will also establish relationships with senior-most budget holders to ensure that procurement gets aligned with their particular objectives, and to enlist their support (and some level of their resources) in participating in supply base improvement efforts.

- In addition, he/she will be responsible for overall procurement strategy, identifying and evolving best practices and transforming the organization from one that is often still locally driven to one that is led by a center of excellence. In regions where local requirements need to dominate for practical reasons, he/she will apply knowledge and expertise to assist the local business units in strategy development, tender execution, contract negotiation and supplier performance evaluation.

Job Requirements :

- Creation and ongoing value creation with a world class supply base

- Development of organizational procurement strategy

- Creation and management of short, mid, and long term goals and objectives

- Creation and improvement of best-practice based processes (e.g., leadership of high-value/strategic sourcing efforts)

- Management of business process outsourcing activities

- Identification and realization of cost-saving and cost-reduction opportunities

- Selection and management of procurement systems

- Management of procurement staff in (and across) sourcing, contracting, transactional purchasing, supplier management, and miscellaneous internal procurement support activities

- Creating a talent management process in coordination with HR to ensure that the right resources are in place

- Managing the skills and competency development of procurement staff, including training development and knowledge management capabilities

- Leadership of cross-functional teaming across other business functions and initiatives

- Budget management for categories under management - and for procurement itself

- Development of benchmarks and scorecards to be used for continuous improvement

- Building a Procurement Center of Excellence (CoE) to help transform Procurement, and also support broader transformation of the value chain and the enterprise

Requirements:

- At least 7 years of senior supply management experience

- Having proven track record of delivering large savings

- Having good negotiating skills

- Bachelor's degree in supply chain management, economics, finance, operations, engineering or a related area, with a Master's degree preferred.