IN_MIVIN_Manager - Purchasing Template _IN

Responsibilities

Lead both Direct and Indirect purchasing activities for the plant with full ownership of procurement performance; Define and implement the overall procurement strategy aligned with business objectives including growth, profitability, localization, and risk mitigation; Develop and execute short-term and long-term sourcing roadmaps; Lead category strategies, commodity planning, and supplier segmentation models; Drive global sourcing and localization initiatives to enhance competitiveness and supply stability; Own annual cost reduction targets and material budget control in coordination with plant and central teams; Lead strategic negotiations for high-value contracts and long-term agreements; Drive value engineering, cost benchmarking, and productivity improvement programs; Monitor commodity trends and implement appropriate hedging and mitigation strategies; Contribute to working capital optimization through inventory and payment term management; Build and sustain a robust, competitive, and risk-balanced supplier base; Develop long-term strategic partnerships with key suppliers; Implement dual sourcing strategies and proactive supply risk mitigation plans; Ensure business continuity planning for critical components and services; Ensure procurement compliance with company policies, statutory regulations, and corporate governance standards; Establish & monitor transparent procurement processes, approval matrices, and delegation frameworks; Drive audit readiness (ISO/system, DC, MP & others) and ensure zero compliance gaps; Collaborate with Engineering to enable early supplier involvement in New Product Development (NPD); Work closely with Manufacturing to improve cost, quality, delivery, and productivity; Work with planners & support / built the necessary outsource capacity; Align with Finance and central functions for budget planning, cost tracking, and working capital optimization; Build, mentor, and lead a high-performing purchasing team; Define KRAs, set clear performance metrics, and drive a results-oriented culture; Develop succession planning and strengthen team capabilities through training and development initiatives; Promote ethical procurement practices and a culture of transparency and accountability

Requirements

BE - Mechanical Engineering with additional qualification MBA Operations; English; Kannada; Hindi; Business centric Approach; Excellent communication, Collaboration & Interpersonal skills; Good knowledge of Manufacturing; People management