GM Procurement OCP

Job Purpose
GM - Direct Procurement- Electrical:

is responsible for developing and executing sourcing and procurement strategies for direct materials required for manufacturing and business operations.

The role focuses on cost optimization, supplier relationship management, risk mitigation, quality assurance, and ensuring uninterrupted supply while supporting business growth objectives.
Key ResponsibilitiesStrategic Procurement


* Develop and implement procurement strategies for direct materials aligned with organizational goals.


* Lead annual sourcing plans, category management, and supplier consolidation initiatives.


* Drive long-term cost reduction and value engineering programs.


* Support new product development through supplier involvement and sourcing expertise.

Supplier Management


* Identify, evaluate, and onboard strategic suppliers.


* Build and maintain strong supplier relationships to ensure performance excellence.


* Conduct supplier audits, assessments, and business reviews.


* Negotiate contracts, pricing agreements, payment terms, and service-level agreements.

Cost & Value Optimization


* Drive procurement savings through strategic sourcing, negotiations, and process improvements.


* Monitor commodity price trends and market intelligence.


* Implement should-cost analysis and total cost of ownership (TCO) methodologies.


* Lead productivity and cost optimization initiatives across procurement categories.

Supply Continuity & Risk Management


* Ensure uninterrupted availability of direct materials.


* Develop supplier risk mitigation and business continuity plans.


* Monitor supplier financial health, capacity, and compliance risks.


* Manage supply disruptions and escalation processes.

Stakeholder Collaboration


* Partner with Manufacturing, Engineering, Quality, Planning, Finance, and R&D teams.


* Align procurement strategies with production and business requirements.


* Support business expansion, localization, and sustainability initiatives.

Team Leadership


* Lead, mentor, and develop procurement managers and buyers.


* Establish procurement KPIs and performance management systems.


* Foster a culture of accountability, innovation, and continuous improvement.

Governance & Compliance


* Ensure compliance with procurement policies, ethical sourcing standards, and regulatory requirements.


* Maintain contract governance and procurement documentation.


* Drive ESG and sustainability initiatives within the supply base.

Key Performance Indicators (KPIs)


* Cost savings and cost avoidance


* Supplier on-time delivery performance


* Material availability/service levels


* Supplier quality performance (PPM, defects)


* Contract compliance


* Procurement cycle time


* Supplier risk and sustainability metrics


* Working capital and inventory optimization

Qualifications


* Bachelor's degree...