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Director of Regional Procurement
Director of Regional ProcurementESAB • Chennai, Tamil Nadu, India
Director of Regional Procurement

Director of Regional Procurement

ESAB • Chennai, Tamil Nadu, India
5 hours ago
Job description

Position Overview The Regional Sourcing Director is a senior leadership role responsible for developing and executing sourcing strategies across a specific region or multiple regions. This position involves managing supplier relationships, negotiating contracts, and driving cost savings initiatives while ensuring the quality and reliability of the sourced products and services. The Regional Sourcing Director collaborates with cross-functional teams and stakeholders to align sourcing activities with business objectives, optimize supply chain efficiency, and mitigate risks.

Primary Duties & Responsibilities

Leads a team of Commodity Managers

  • Sourcing Strategy : Develop and execute regional sourcing strategies aligned with business objectives. Identify opportunities to improve sourcing processes, drive cost savings, and enhance supplier performance.
  • Supplier Management : Manage relationships with suppliers, including conducting supplier assessments, evaluating performance, and negotiating contracts and agreements. Foster collaboration and communication with suppliers to ensure continuous improvement and mutual success.
  • Cost Optimization : Analyze spend data, market trends, and supply chain dynamics to identify cost-saving opportunities. Negotiate favorable pricing, terms, and conditions with suppliers to optimize costs while maintaining quality standards.
  • Supply Chain Collaboration : Collaborate with cross-functional teams, such as procurement, logistics, and operations, to align sourcing activities with supply chain objectives. Provide insights and recommendations to enhance supply chain efficiency, reduce lead times, and improve inventory management.
  • Risk Mitigation : Identify and mitigate sourcing risks, including supply disruptions, quality issues, and compliance requirements. Develop contingency plans and alternative sourcing strategies to ensure business continuity.
  • Supplier Performance Evaluation : Establish key performance indicators (KPIs) and metrics to evaluate supplier performance. Conduct regular supplier performance reviews and drive improvement initiatives to enhance supplier capabilities and meet business requirements.
  • Contract Management : Oversee contract negotiations, renewals, and amendments with suppliers. Ensure contracts are aligned with business needs, comply with legal and regulatory requirements, and protect the organization's interests.
  • Market Intelligence : Stay updated with market trends, industry developments, and emerging technologies related to sourcing. Conduct market research and benchmarking to identify new suppliers, evaluate their capabilities, and leverage market opportunities.
  • Team Leadership : Lead and develop a regional sourcing team, providing guidance, mentorship, and support. Foster a culture of collaboration, continuous improvement, and high performance. Qualifications Education :

Essential : Bachelor's degree in Business, Supply Chain Management, or a related field.

  • Desirable : Master's degree in Business, Supply Chain Management, or a related field.
  • Experience

    Essential : - Extensive experience in strategic sourcing, procurement, or supply chain management, with a focus on regional or global operations.

  • Proven leadership experience in managing and leading a sourcing team.
  • Desirable :

  • Having Managed a Team with Direct Reports
  • 12+ years of experience
  • Technical / Functional

  • Excellent analytical and negotiation skills, with the ability to analyze complex data, develop sourcing strategies, and negotiate favorable agreements.
  • Strong project management skills, with the ability to manage multiple projects simultaneously and meet deadlines.
  • Excellent communication and interpersonal skills, with the ability to effectively collaborate with cross-functional teams and build relationships with suppliers.
  • Familiarity with supply chain management systems, sourcing tools, and technology platforms.
  • Strong business acumen and strategic thinking, with the ability to align sourcing activities with business objectives.
  • Results-oriented mindset with a focus on driving continuous improvement and achieving cost savings targets.
  • Strong knowledge of sourcing principles, supplier management, contract negotiations, and cost optimization strategies.
  • Knowledge of legal and regulatory requirements related to sourcing, contracts, and supplier compliance.
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    Director Procurement • Chennai, Tamil Nadu, India

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