Procurement & Contracts Officer

• Develop and implement procurement strategies aligned with company goals.
• Identify, evaluate, and select suppliers based on quality, cost, reliability, and delivery.
• Managing inventories and maintaining accurate purchase and pricing records.
• Maintaining and updating supplier information such as qualifications, delivery times, product ranges, etc.
• Maintaining good supplier relations and negotiating contracts.
• New Vendor development for critical materials
• Monitor procurement budgets and spending.
• Identify cost-saving opportunities and improve purchasing.
• Conduct supplier audits and performance reviews.
• Ensure supplier compliance with company standards and contracts.
• Review and approve purchase orders and procurement documentation.
• Handling and managing all vendor payments in co-ordination with user department and accounts
• Reduce Cash purchases.
• Prepare procurement reports and spend analysis
• Manage and create material master data in SAP
• COUPA Implementation as per the organization procurement policy.

• The job holder is responsible for shaping the future direction of the procurement function.
• The job holder is expected to spend time beyond the normal working hours since the job deals with multiple internal and external stakeholders.

• The jobholder is expected to implement plans, contribute to the development of departmental level strategies, and lead their implementation.
• The jobholder is responsible for directing the procurement department and leading the development of performance indicators and standards for the division in line with company objectives.
• Key decisions having significant impact on the company are referred to the CEO – Ducast for approval before implementation.
• The jobholder exercises financial authority as per the level established in the financial authority matrix within Ducast.

Qualification Minimum:
Master’s degree or equivalent with specialization in procurement fields

Preferred: MBA in procurement Management
Experience
Minimum: 10 years’ procurement management experience in manufacturing organizations.

Preferred:
Experience in metal/alloy casting industry

• Team Handling
• Problem Solving