Procurement Team Lead

Role Summary / Job PurposeThe Team Leader – Procurement leads end-to-end sourcing, vendor management, and procurement operations. The role ensures policy compliance, drives cost optimization, improves procurement cycle efficiency, and supports business continuity through strong supplier governance.Key ResponsibilitiesLead daily procurement operations ensuring SLA adherence.Manage RFQ/RFP processes ensuring competitive sourcing and cost optimization.Review and approve purchase requisitions and POs within authority limits.Negotiate pricing, payment terms, and delivery schedules.Ensure compliance with procurement policies and audit standards.Drive annual cost savings initiatives.Monitor supplier performance and resolve escalations.Coordinate with Finance, Projects, Sales, and Operations.Prepare MIS reports and procurement dashboards.Mentor and develop procurement team members.Required SkillsTechnical Skills:Strategic sourcing and vendor negotiation expertise.Cost analysis and commercial evaluation. Functional Knowledge:Procurement lifecycle management.Contract management and compliance governance.Global sourcing practices.Tools / Systems / Technical KnowledgeSAP (MM Module preferred)OdooMS Excel (Advanced),ERP-based procurement systemsDecision-Making AuthorityApprove purchase orders within defined limits.Finalize vendor selection based on evaluation.Recommend sourcing strategies to leadership.Problem-Solving ComplexityModerate to complex: managing supplier escalations, urgent project demands, pricing disputes, and time-sensitive procurement cycles.Stakeholder Management / InfluenceInternal: Finance, Sales, Projects, Operations, Leadership.External: OEMs, Distributors, Service Providers.Cross-functional coordination with moderate influence.Non-client facing role with indirect business impact.Education & Certification RequirementsMinimum:Bachelor’s degree in Business / Supply Chain / Finance. Preferred:MBA (Supply Chain / Operations).CIPS / CSCP certification (preferred).Experience Requirements6–10 years in procurement or supply chain.Experience leading procurement teams.IT hardware/software sourcing exposure preferred.ERP-driven procurement environment experience.