Job Requirements
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Job Summary
We are seeking an experienced and strategic Lead Buyer with 16+ years of procurement and sourcing experience to lead purchasing activities, supplier management, and strategic sourcing initiatives. The incumbent will be responsible for driving cost optimization, ensuring timely procurement of materials and services, developing supplier relationships, and supporting business growth through efficient procurement practices.
Key Responsibilities
Strategic Procurement & Sourcing
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Develop and execute sourcing strategies aligned with organizational objectives.
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Lead procurement activities for direct and indirect materials, equipment, and services.
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Identify cost-saving opportunities and implement value engineering initiatives.
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Conduct market analysis to monitor pricing trends, supply risks, and industry developments.
Supplier Management
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Identify, evaluate, negotiate, and onboard suppliers/vendors.
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Build and maintain strong relationships with key suppliers.
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Conduct regular supplier performance reviews and implement improvement plans.
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Ensure supplier compliance with quality, delivery, sustainability, and contractual requirements.
Contract & Commercial Management
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Lead commercial negotiations to achieve the best value for the organization.
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Draft, review, and manage procurement contracts and service agreements.
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Mitigate procurement risks through effective contract management practices.
Stakeholder Collaboration
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Partner with Engineering, Manufacturing, Operations, Finance, and Project teams to understand procurement requirements.
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Support new product development and project procurement activities.
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Ensure alignment between procurement strategies and business objectives.
Process Improvement & Compliance
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Drive procurement process improvements and digital transformation initiatives.
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Ensure compliance with company procurement policies and regulatory requirements.
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Develop procurement metrics, dashboards, and performance reports.
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Maintain accurate procurement records and documentation.
Team Leadership
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Mentor and guide procurement team members.
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Provide leadership in vendor negotiations and strategic sourcing projects.
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Foster a culture of continuous improvement and professional development.
Required Qualifications
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Bachelor's Degree in Engineering, Supply Chain Management, Business Administration, or related field.
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MBA or Master's degree preferred.
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16+ years of experience in Procurement, Strategic Sourcing, Purchasing, or Supply Chain Management.
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Experience managing high-value procurement categories and supplier networks.
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Strong exposure to contract management and vendor negotiations.
Required Skills & Competencies
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Strategic Sourcing & Category Management
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Supplier Relationship Management
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Commercial Negotiation
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Cost Reduction & Spend Analysis
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Contract Management
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Supply Chain Planning
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Risk Management
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ERP Systems (SAP, Oracle, Microsoft Dynamics, etc.)
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Advanced Excel and Procurement Analytics
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Leadership and Team Management
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Strong Communication and Stakeholder Management Skills
Key Performance Indicators (KPIs)
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Procurement cost savings achieved.
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Supplier delivery and quality performance.
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Contract compliance and risk mitigation.
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Procurement cycle time reduction.
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Vendor performance improvement.
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Working capital and inventory optimization.
Preferred Industry Experience
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Manufacturing
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Automotive
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Engineering & Industrial Products
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FMCG
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Electronics
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Infrastructure / EPC
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Renewable Energy
This role is ideal for a seasoned procurement professional with strong leadership, supplier negotiation, and strategic sourcing expertise, capable of driving procurement excellence and delivering significant business value.
Work Experience
We are currently seeking a highly skilled Lead Buyer to join our team on a Full Time basis. As the Lead Buyer, you will be responsible for managing the purchasing process, negotiating with suppliers, and ensuring timely delivery of goods. The ideal candidate will have strong analytical skills, excellent communication abilities, and a proven track record of successful procurement. If you are a strategic thinker with a passion for driving cost savings and optimizing supply chain operations, we would love to hear from you. Apply now to be considered for this exciting opportunity.