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  • Vice President Procurement - New Delhi, India - Dhampur Bio Organics Ltd.

    Dhampur Bio Organics Ltd.
    Dhampur Bio Organics Ltd. New Delhi, India

    1 month ago

    Default job background
    Description

    Job Summary: -

    As the Procurement Head, your role is crucial for strategically managing the acquisition of CAPEX, OPEX, and R&M materials across all units in preparation for the upcoming sugar season. Working closely with different departments, you'll ensure awareness of purchase policies, sensitize suppliers to terms and conditions, and guide user departments in contract finalization. Your responsibilities include overseeing specifications, mitigating supply-related risks, and managing procurement within optimal costs. Key aspects involve playing a central role in budgeting, advocating for data-driven decision-making, and conducting periodic vendor assessments on parameters like timeliness, pricing, and material quality. As a leader, your focus will be on people development, including performance assessments, optimizing manpower utilization, and fostering a dynamic procurement team with an emphasis on cross-functional learning and succession planning.

    Roles & Responsibilities: -

    Procurement Planning & Management:

    • Collaborate with functional Heads, Unit Heads, and COO to plan and manage the procurement of CAPEX, OPEX, and R&M materials across all units for the upcoming sugar season.
    • Create awareness about purchase policies, sensitize terms and conditions with suppliers, and provide guidelines to user departments at both Unit and Head Office during contract finalization.
    • Ensure availability of specifications, performance parameters, and prepare a calendar with clear timelines for Despatch & Commissioning Schedule.
    • Identify and analyse risks that may impact supplies, developing mitigation plans based on risk and vulnerability analysis.
    • Manage procurement and inventory schedules within optimal costs, ensuring optimum inventory for critical items.

    Budgeting & Prioritization:

    • Estimate procurement budgets for each Unit, providing necessary inputs for discussions.
    • Communicate budget schedules and timelines to all stakeholders on a financial year basis.
    • Ensure adherence to approved budgets during negotiations with suppliers.
    • Establish timelines for capex, major repairs, long delivery items, and general repairs activities.
    • Advocate for a data-driven approach and ROI consideration for all capex-related investment decisions.
    • Lead the scrap sales process with fixed yearly timelines.

    Vendor Identification, Assessment:

    • Conduct periodic identification and assessment audits for the selection of new vendors.
    • Develop an industry-ready vendor pipeline for critical inventory items.
    • Undertake vendor development activities to optimize costs and leverage long-term relationships.
    • Assess vendors regularly on parameters such as timeliness, pricing, and quality of materials received.

    Final Negotiations & Award of Contracts:

    • Lead the finalization and negotiation process for rates, awarding contracts at the most favourable terms and conditions.
    • Pay special attention to item specifications, performance parameters, dispatch schedules, and milestone-based payments in contracts.

    Quality Check:

    • Ensure adherence to quality standards upon receipt of materials.
    • Initiate the return of procured items in case of any quality deviations.

    Steering Control & Analysis:

    • Conduct budget vs spend analysis, inter-unit comparisons, and analyze unit consumption patterns on purchased items.
    • Publish monthly/quarterly/annual dashboards for management.

    People Development:

    • Perform performance assessments for self and subordinates, providing constructive feedback.
    • Optimize manpower utilization and raise demands to the COO in case of shortfalls.
    • Lead by example in time-bound job completion and effective delegation.
    • Nurturing and developing resources to create a vibrant procurement team, promoting cross-functional learning and succession planning.

    Required Skills: -

    • Bachelor's in engineering with 20 to 25 years of relevant experience in chemical, manufacturing or sugar sector, with over 8-9 years of experience in leadership roles in overseeing purchase & procurement function.
    • Functional expertise in Procurement Planning, Material Sourcing & Negotiations Skills, Proven capabilities in Vendor Identification, Assessment & Development. Working knowledge of SAP MM module, Industry practices, etc.
    • Strong on techno-commercial aspects.
    • Deep exposure to the Supply Chain & Procurement function including Logistics / vendor management / warehousing.
    • Fair understanding of the business and expected deliveries.
    • Strong analytical and proven negotiation skills.