Job description

The Senior Executive – Procurement and Supply Chain Management is a mid-to-senior level professional accountable for end-to-end procurement processes and supply chain operations within the organization. This role ensures the acquisition of goods, materials, and services at optimal cost while maintaining strict quality standards, compliance, and alignment with corporate policies. The incumbent is responsible for strategic sourcing initiatives, conducting comprehensive market research, identifying and evaluating potential vendors, and developing innovative procurement strategies to achieve cost efficiency and operational excellence. The role includes negotiating supplier contracts and commercial terms, performing risk assessments, and drafting/reviewing agreements to minimize exposure. The professional manages the complete Procure-to-Pay (P2P) cycle, including purchase requisitions, purchase order issuance, invoice reconciliation, and payment processing, while monitoring inventory levels to avoid shortages or surplus stock. The incumbent also drives cost-saving programs, prepares and delivers MIS reports, budget forecasts, and analytical insights to senior management, and ensures adherence to all procurement policies, legal regulations, and corporate governance standards. Supplier relationship management, performance tracking against KPIs, and conducting regular supplier audits are critical aspects of the role. The position requires collaboration with internal stakeholders, including Finance, Operations, Legal, and other business units, to ensure alignment of procurement strategies with organizational objectives and operational efficiency.