Website:
msicom.in
Job details:
Tips: Provide a summary of the role, what success in the position looks like, and how this role fits into the organization overall.
We are looking for a Senior Purchase Head to lead procurement strategy, supplier management, demand planning, and inventory optimization as MSI scales its business.
ROLE OBJECTIVE:
To ensure the right product, right quantity, right price, and right time, while optimizing inventory, working capital, supplier performance, and commercial returns.
KEY ROLES & RESPONSIBILITIES
Procurement & Planning
· Develop annual, quarterly, and monthly purchase plans aligned with sales targets and forecasts.
· Manage category and SKU-level procurement planning.
· Plan for seasonality, product launches, and promotional requirements.
· Ensure availability of critical and fast-moving products.
Supplier & Commercial Management
· Manage key suppliers, principals, brands, and distributors.
· Negotiate pricing, credit terms, schemes, rebates, FOC, and marketing support.
· Evaluate supplier performance on cost, quality, availability, and delivery.
· Develop strategic supplier relationships and identify new sourcing opportunities.
Demand & Inventory Management
· Establish demand forecasting and replenishment systems.
· Monitor SKU velocity, inventory coverage, and purchase commitments.
· Control excess, ageing, slow-moving, and non-moving inventory.
· Improve stock turns and working-capital efficiency.
Procurement Governance
· Establish purchase SOPs, approval systems, and supplier scorecards.
· Develop procurement MIS and management dashboards.
· Ensure purchase discipline and policy compliance.
· Drive cost optimization and continuous improvement.
Team Leadership
· Lead and develop the procurement team.
· Set KRAs/KPIs and conduct performance reviews.
· Build a data-driven and commercially disciplined procurement culture.
KEY PERFORMANCE INDICATORS (KPIs)
▪ Purchase plan achievement
▪ Product availability & Stock-out % reduction
▪ Inventory days / Stock turns
▪ Ageing inventory control
▪ Supplier on-time delivery (OTD)
▪ Purchase price variance (PPV)
▪ Cost savings / Margin improvement
▪ Working-capital efficiency
QUALIFICATIONS & EXPERIENCE
Educational Qualification
· Bachelor's degree in Business Administration, Commerce, Supply Chain Management, Logistics, Economics, Engineering, or a related field.
· MBA / PGDM in Supply Chain, Procurement, Operations, Finance, or Business Management is preferred.
Experience Requirements
· 15+ years of relevant experience in Purchase, Procurement, Sourcing, or Supply Chain.
· Strong experience in high-volume, multi-SKU businesses.
· Preference for candidates from Consumer Electronics, Mobile Accessories, Electronics Distribution, FMCG, Consumer Durables, or large Distribution organizations.
Demonstrated experience managing procurement teams and handling significant purchase volumes Certifications (Advantage)
· CIPS (Chartered Institute of Procurement & Supply)
· CPSM (Certified Professional in Supply Management)
· CSCP (Certified Supply Chain Professional)
· Procurement / Supply Chain Analytics Certifications
CORE SKILLS & COMPETENCIES
Strategic Procurement
Commercial Negotiation
Supplier Management
Demand Forecasting
Inventory Planning
Working-Capital Management
Cost Analysis & PPV
ERP / Procurement Systems
Advanced Excel & MIS
Team Leadership
IDEAL CANDIDATE PROFILE
A senior procurement professional who can build systems, lead teams, negotiate strategically, and deliver measurable improvements in availability, inventory, cost, and working capital.
Note: This is a leadership role for a system builder, not merely a purchase-order executor.
Click on Apply to know more.