Vice President

Job Description : VP Corporate Purchase -Gurgaon Auto component manufacturing Responsibilities: Strategic Planning & hashtag#CAPEX hashtag#Management: Develop & execute strategic direction for CAPEX procurement in alignment with corporate objectives, financial targets. Lead the process for evaluating & prioritizing capital expenditure requests across business units. Team Leadership & Development: Lead a team of CAPEX procurement specialists, fostering a culture of high performance & continuous improvement. Vendor & Supplier Management: Oversee the identification, negotiation, management of strategic vendor relationships for high-value capital purchases. Budgeting & Cost Control: Develop & oversee the annual CAPEX procurement budget, ensuring alignment with overall corporate financial strategies. Monitor CAPEX spending & identify opportunities for cost optimization without compromising on quality or operational needs. Cross-Departmental Collaboration: Partner with various business units, including finance, operations, engineering, project management, to understand CAPEX needs & align procurement strategies with operational goals. Compliance & Governance: Ensure compliance with internal policies, procedures, and regulatory requirements for CAPEX purchases. Oversee development & implementation of policies that govern CAPEX procurement, ensuring transparency & accountability. Risk Management & Process Improvement: Identify & mitigate risks related to CAPEX procurement, including supply chain disruptions, budget overruns, and project delays. Drive innovation in procurement practices, including sustainability and strategic sourcing. Reporting & Analysis: Provide regular updates to senior leadership on CAPEX procurement performance, including spending trends, cost savings, and process improvements. Analyze market trends, industry benchmarks, and internal performance to inform future CAPEX procurement strategies. hashtag#Qualification hashtag#Experience Education: Bachelor's degree in Business Administration, Finance, Supply Chain Management, Engineering. MBA or relevant certifications (e.g., CIPS, PMP, CPIM, CSCP) . 20 years of experience with significant expertise in CAPEX purchases & financial management. Must have experience in handling hashtag#1000Cr. Experience in hashtag#Steel, hashtag#Rubber and hashtag#Plastic Industry. Proven experience in a leadership role, managing large, complex procurement projects. Understanding of financial modeling, CAPEX budgeting, and strategic sourcing. Working with senior leadership &influencing strategic decision-making. hashtag#Skills: Excellent negotiation, contract management, vendor relationship management skills. Strong leadership abilities with a focus on team development, mentorship, & cross-functional collaboration. Proficient in financial analysis, reporting, procurement systems (e.g., SAP, Oracle). Strategic mindset with a focus on long-term business goals, risk management, & cost control.

---