Strategic Procurement Manager

Greetings from Manpower Group!

Urgent Requirement: Strategic Procurement Manager

Industry: Steel Manufacturing

Area to Cover: India, Middle East, and South Africa

Job Location: Hyderabad

Job Type: Permanent / Full Time

Experience: More than 15 years

Qualifications: BE/B. Tech; any post-graduation is preferred

About Company:

Our leading client is a US major diversified Industrial Company and its Metals and Mineral Division is a technology partner to the global steel energy and railway sector across 32 countries.

Role Summary:

1. The Strategic Procurement Manager will oversee the procurement lifecycle, ensuring effective negotiation, contract management, and stakeholder collaboration to drive optimal value for the business.

1. The role requires expertise in category buying, service agreement finalization, and equipment leasing/renting to support operational and strategic objectives. The role involves 10% of transactions apart from strategy.

Key Competencies & Skills:

1. Engineering / Industry experience
2. Expertise in strategic procurement, contract management, and negotiation.
3. Strong knowledge of equipment leasing, renting, and financial analysis.
4. Proficiency in commercial instruments like bank guarantees and Letters of Credit at the transactional level.
5. Experience with imports, engaging freight forwarders, CHA agents, customs clearance, and logistics.
6. Proficiency in Total Cost of Ownership (TCO) assessments and data-driven decision-making.
7. In-depth understanding of safety and statutory compliance regulations.
8. Exceptional problem-solving, stakeholder management, and communication skills.
9. Proven ability to manage risks, define commercial terms, and drive business value.
10. Understanding of ERP systems and continuous improvement.
11. Advanced analytical mind, Excel and PowerPoint skills.

Key Responsibilities:

1. Category Procurement & Service Agreements:

• Lead the finalization of all category buying and service agreements, including equipment hiring.
• Conduct comprehensive evaluations of leasing and renting options for various equipment.

1. Economic Viability & Decision Support:

• Evaluate the life cycle cost of products.
• Assess economic feasibility and propose recommendations on hiring versus owning assets to business leadership.
• Develop cost-saving initiatives and optimize operational budgets in alignment with business goals.

1. Strategic Negotiation & Planning:

• Conduct robust negotiations to secure favorable terms for the organization.
• Use historical data analysis, forecasting, and Total Cost of Ownership (TCO) assessments to frame strategic procurement decisions.

1. Regulatory & Safety Compliance:

• Ensure all local statutory, regulatory, and safety compliances are adhered to in procurement processes and incorporated into agreements.

1. Contract Management & Risk Mitigation:

• Draft, review, and manage contracts with secure terms, including Liquidated Damages (LD), penalties, and bonuses that are crucial for business interests.
• Mitigate risks through clear definition of roles, responsibilities, and deliverables in contracts.

1. Stakeholder Collaboration:

• Build and maintain strong relationships with internal and external stakeholders to facilitate informed decision-making.
• Collaborate with cross-functional teams to align procurement strategies with organizational needs.

1. Issue Resolution & Post-Procurement Support:

• Resolve post-Purchase Order (PO) disputes, reconciliation, and ensure smooth issue resolution withsite operations and contractors.

1. Process Improvement & Innovation:

• Drive continuous improvement in procurement processes and implement innovative solutions for better efficiency and cost-effectiveness.
• Leverage digital tools and analytics to streamline procurement functions.

1. Vendor Management:

• Identify, evaluate, and maintain relationships with key suppliers and vendors.
• Ensure vendor compliance with organizational standards and expectations.

1. Team Collaboration:

• Collaborate with site buyers and strategy team members to build expertise and enhance overall performance.
• Foster a culture of collaboration, accountability, and innovation within the team.

1. Procurement MIS:

• Track cost savings and cost avoidance.
• Review and tracking of managed spend /BPA/CPAs
• Prepare and submit monthly MIS reports.
• Track delivery performance

Interested candidate please send your profile to

chidananda@manpower.co.in;

Contact: 8951710782

Best Regards,

Chida