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Head Purchases

Altraize · Delhi, India

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Strategic Sourcing & Procurement Identify, evaluate, and develop suppliers for BOP across Rubber and Plastic verticals. Ensure cost-effective and timely sourcing of all bought-out items. Benchmark pricing and negotiate contracts to ensure commercial advantage. Supplier Management: Define and implement category-wise sourcing strategies for rubber raw materials (e.g., NR, SBR, EPDM), polymers, and tooling assets. Create procurement policies and SOPs that align with ISO/TS and environmental standards (REACH, ROHS, etc.). Lead cost benchmarking, market trend analysis, and alternate source development to reduce dependency and cost fluctuations. Supplier Management & Strategic Negotiations: Build strong relationships with key vendors for both verticals. Conduct periodic audits and performance reviews (OTD, quality, cost competitiveness). Develop alternate sources to mitigate risks. Governance, Compliance & Audit: Implement procurement governance frameworks including vendor onboarding, conflict-of-interest declarations, and annual price revision audits. Ensure adherence to IATF 16949 audit requirements, PPAP documentation, and traceability of vendor records. Collaborate with cross-functional teams for internal and external audits (e.g., OEM or Tier 1 audits). Capex Planning & Cost Optimization: Manage entire Capex procurement lifecycle from technical RFQ to commissioning support and AMC contracts. Develop annual and project-based procurement budgets in collaboration with finance and production planning teams. Execute cost-saving initiatives such as should-cost modelling, supplier consolidation, and make-vs-buy analysis. Final Approvals & Decision-Making: Approve vendor selections, commercial evaluations, and release of high-value PO’s in line with delegation of authority. Ensure risk assessments and commercial viability checks are completed prior to awarding contracts. Support top management with procurement insights for business expansion and capex investment projects. Team Leadership & Development: Manage a team of category buyers, purchase executives, and technical sourcing specialists. Establish team KPIs such as procurement lead time, cost savings %, RFQ turnaround time, and vendor engagement score. Conduct capability assessments, talent reviews, and technical training focused on automotive industry sourcing norms. MIS, Reporting & Management Presentation: Maintain real-time dashboards on SAP/ERP covering spend visibility, contract lifecycle, price trends, and vendor performance. Prepare weekly/monthly procurement MIS for board-level review and strategy presentations for OEM customer visits. Present cost-benefit analyses, procurement pipelines, and investment justifications to the management and board. Educational Qualification: Bachelor’s in Engineering or Technology. MBA / PGDM in Supply Chain Management, Operations, or Materials Management. Additional Certifications (Preferred, Not Mandatory): Certified Professional in Supply Management (CPSM) Certified Supply Chain Professional (CSCP) Diploma in Materials Management (DMM) Six Sigma / Lean Manufacturing CertificationExperience: 15+ years in Strategic Procurement in Automotive Component Industry.Skills: capex,automotive,procurement