Job Description
The Director of global procurement plays a crucial role in overseeing and optimizing the procurement process within i2c.This is a high-impact, high-visibility role with a substantial ability to move the needle on the growth trajectory of the company.
Key Responsibilities :
- Develop and implement procurement strategies aligned with the company's overall objectives and growth plans. This includes assessing current procurement processes, identifying areas for improvement, and implementing best practices to streamline operations and reduce costs.
- Build and maintain strong relationships with vendors, subcontractors, and suppliers. Negotiate contracts, terms, and pricing to ensure favorable agreements that meet quality standards, cost objectives, and project timelines. Evaluate vendors according to standards and maintain a reliable portfolio of categories of vendors.
- Evaluate and optimize the supply chain to minimize risks and maximize efficiency. Identify potential bottlenecks, disruptions, or opportunities for improvement in the procurement process and take proactive measures to address them. Always maintain the minimum inventories levels in collaboration with departments.
- Work closely with finance and project management teams to develop procurement budgets, forecasts, and cost-saving initiatives. Monitor expenses, track procurement metrics, and implement cost-control measures to ensure projects remain within budgetary constraints.
- Ensure that all procured materials, equipment, and services meet quality standards, regulatory requirements, and industry certifications. Establish quality assurance protocols, inspection procedures, and compliance checks to uphold the company's reputation for excellence.
- Provide strong leadership and mentorship to the procurement team, fostering a culture of accountability, collaboration, and continuous improvement. Set clear goals, provide regular feedback, and invest in professional development initiatives to empower team members and enhance their skills.
- Identify and mitigate potential risks associated with procurement activities, such as supply chain disruptions, vendor risk assessments, supply chain security, market fluctuations, or geopolitical issues. Develop contingency plans, alternative sourcing strategies, and risk mitigation strategies to safeguard against unforeseen challenges.
- Stay at the forefront of industry developments and emerging market trends, incorporating relevant innovations and technologies into company practices. Utilize market data to negotiate contracts and terms with vendors, optimizing pricing, terms, and conditions. Develop and implement procurement strategies informed by comprehensive market analysis, including tracking market indices, economic indicators, and supply chain trends.
- Ensure teams compliance of AMH processes, SOX and record keeping requirement.
We are looking for
- Education: Bachelors
- Experience: 5 - 10 years
Skills
- Bachelor’s degree in business and MBA, Finance, Supply Chain Management, Engineering, or a related field preferred.
- Proven track record of leadership in supply chain management roles, with a minimum of 10 years of experience in progressively responsible positions and 5 years in the same position atleast.
- Strong strategic thinking and analytical skills, with the ability to translate business goals into actionable.
- Excellent communication and interpersonal skills, fostering collaboration across teams.
- Sound business acumen with a deep understanding of market dynamics and industry trends.
- Proficiency in pricing software, analytics tools, and advanced Excel functions.
- Excellent ability in negotiating and executing agreements.
- Experience working with cross-functional teams.
- Solid operational management and savvy financial and business skills.
- Familiarity with relevant legal, compliance, and regulatory requirements, as well as understanding of standard contractual terms and conditions to mitigate legal risk and maintain compliance.
Perks & benefits
At i2c, we want you to be well and thrive. Our global benefits package includes:
Vehicle Lease Facility
Child Education Assistance
Concierge Services
On-site Day Care Facility
Eid Bonus
Gym and Play Area (Table tennis)
Leaves Encashment
Life Insurance
Meals on House
Provident Fund
Value Creation Incentive Plan
Recreational Trips
Technical Certification Sponsorship
Long Service Cash Rewards
Performance Cash Rewards
Cash Allowances
Health Insurance
Outpatient (Self, Spouse & Parents)
Maternity Benefit
Annual, Sick and Casual Leaves
ATM, Vending Machine and Coffee Machines