Procurement Team Lead

Role Summary / Job Purpose

The Team Leader – Procurement leads end-to-end sourcing, vendor management, and procurement operations. The role ensures policy compliance, drives cost optimization, improves procurement cycle efficiency, and supports business continuity through strong supplier governance.

Key Responsibilities

• Lead daily procurement operations ensuring SLA adherence.
• Manage RFQ/RFP processes ensuring competitive sourcing and cost optimization.
• Review and approve purchase requisitions and POs within authority limits.
• Negotiate pricing, payment terms, and delivery schedules.
• Ensure compliance with procurement policies and audit standards.
• Drive annual cost savings initiatives.
• Monitor supplier performance and resolve escalations.
• Coordinate with Finance, Projects, Sales, and Operations.
• Prepare MIS reports and procurement dashboards.
• Mentor and develop procurement team members.

Required Skills

Technical Skills:

• Strategic sourcing and vendor negotiation expertise.
• Cost analysis and commercial evaluation.

Functional Knowledge:

• Procurement lifecycle management.
• Contract management and compliance governance.
• Global sourcing practices.

Tools / Systems / Technical Knowledge

• SAP (MM Module preferred)
• Odoo
• MS Excel (Advanced),
• ERP-based procurement systems

Decision-Making Authority

• Approve purchase orders within defined limits.
• Finalize vendor selection based on evaluation.
• Recommend sourcing strategies to leadership.

Problem-Solving Complexity

• Moderate to complex: managing supplier escalations, urgent project demands, pricing disputes, and time-sensitive procurement cycles.

Stakeholder Management / Influence

• Internal: Finance, Sales, Projects, Operations, Leadership.
• External: OEMs, Distributors, Service Providers.
• Cross-functional coordination with moderate influence.
• Non-client facing role with indirect business impact.

Education & Certification Requirements

Minimum:

• Bachelor's degree in Business / Supply Chain / Finance.

Preferred:

• MBA (Supply Chain / Operations).
• CIPS / CSCP certification (preferred).

Experience Requirements

• 6–10 years in procurement or supply chain.
• Experience leading procurement teams.
• IT hardware/software sourcing exposure preferred.
• ERP-driven procurement environment experience.