Assistant Vice President

Job Description : Assistant Vice President – Purchase (Corporate Office) Department: Procurement & Supply Chain Location: Delhi NCR Reporting to: Vice President – Procurement / COO Industry: Auto Component Manufacturing (Steel, Rubber, Plastic) Budget Handling: ?1,000+ Crores (CAPEX focus) Key Responsibilities: Strategic Planning & CAPEX Management Define and implement the strategic direction for CAPEX procurement in alignment with organizational objectives. Evaluate prioritize CAPEX proposals from business units based on ROI, feasibility, business needs. Ensure efficient procurement of plant machinery, equipment, infrastructure, and automation systems. Promote a culture of accountability, innovation, and operational excellence. Vendor & Supplier Management Build and maintain strategic relationships with key suppliers and OEMs. Lead complex negotiations for high-value contracts to ensure cost-effective purchasing. Evaluate supplier performance regularly and ensure SLA adherence. Budgeting & Cost Control Develop and manage the annual CAPEX procurement budget (~?1,000 Cr). Monitor expenditures and optimize costs while ensuring quality and timely delivery. Drive initiatives to improve capital productivity and sourcing efficiency. Cross-Departmental Collaboration Work closely with engineering, finance, operations, project management to assess CAPEX requirements. Translate technical requirements into procurement strategies that meet performance and timeline expectations. All CAPEX procurement activities comply with company policies and legal/regulatory standards. Drive transparency, traceability, and accountability in all procurement transactions. Implement robust governance frameworks and procurement policies. Risk Management & Process Improvement Identify and mitigate supply chain, financial, and project-related risks. Reporting & Analytics Present periodic reports on procurement KPIs, vendor performance, cost savings, and project milestones to senior leadership. Conduct spend analysis, market benchmarking, and procurement diagnostics to inform future decisions. Qualification Bachelor's in Engineering /Supply Chain / Finance / Business Administration. MBA or Professional Certifications (e.g., PMP, CIPS, CPIM, CSCP) preferred. Experience: 20+ years exp in procurement with 8–10 years in CAPEX sourcing. Proven expertise in managing a procurement budget of ?1,000+ Cr. Knowledge in Steel, Rubber, Plastic component industries. Exp in multi-location or corporate-level procurement roles. Strong negotiation and contract management skills. Strategic thinking with an ability to align sourcing with long-term business goals. Financial acumen in budgeting, cost analysis, ROI evaluation. Excellent leadership, communication, stakeholder management capabilities. Proficiency in procurement systems (SAP, Oracle, or similar ERP platforms). Risk management change leadership in a dynamic manufacturing environment.

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