About the role
Role: AGM / Strategic Head
Location: Bengaluru / Manufacturing Location (as
applicable)
Reporting To: MD / COO
Role Objective
To lead strategic procurement and cost transformation
initiatives across raw materials, bought-out parts, and packaging, with the
objective of improving margins, strengthening supplier capability, and
ensuring supply continuity for StoveKraft’s cookware and appliance
businesses.
Key Responsibilities
1. Strategic Procurement Leadership
- Own
end-to-end procurement strategy for direct materials (metals,
plastics, components, bought-out parts).
- Manage
large spend categories with focus on cost competitiveness and supply
assurance.
- Drive
centralized sourcing governance across plants and categories.
2. Cost Transformation & Margin Improvement
- Lead should-costing, clean-sheet costing, and zero-based costing initiatives.
- Drive
structured cost reduction programs through:
- Value
engineering
- Specification
optimization
- Make
vs buy analysis
- Supplier
productivity improvement
- Deliver year-on-year cost reduction targets without compromising quality or
service.
3. Commodity Strategy & Risk Management
- Develop commodity sourcing strategies for Steel, Aluminium, CI, SS, and
other key inputs.
- Monitor
commodity price trends and implement index-linked pricing /
pass-through models.
- Reduce
exposure to volatility through supplier diversification and long-term
contracts.
4. Supplier Strategy & Development
- Lead supplier rationalization and tier-wise sourcing strategy.
- Develop
strategic suppliers for quality, capacity, and cost.
- Drive supplier scorecards, audits, and performance improvement plans.
- Ensure
supplier readiness for new product launches and scale-up.
5. Cross-Functional Collaboration
- Work
closely with:
- R&D
/ Product Design – for cost-effective product design
- Operations
/ Manufacturing – for supply continuity and productivity
- Quality – to ensure zero-defect sourcing
- Finance – for savings validation and margin impact
- Support export product cost competitiveness through optimized sourcing
(backend role).
6. Digitalization & Process Excellence
- Drive
procurement digitization through ERP, SAP S/4HANA, SAP Ariba, etc.
- Standardize
RFQ, negotiation, contracting, and supplier performance processes.
- Build
robust MIS and dashboards for spend, savings, and risk tracking.
7. Governance & Compliance
- Ensure
compliance with procurement policies, legal contracts, and ethical
sourcing standards.
- Establish
strong controls to avoid supply disruptions and commercial risks.
Key KPIs
- Cost
savings & cost avoidance
- Gross
margin improvement
- Supplier
performance (quality, delivery, cost)
- Commodity
risk exposure reduction
- New
supplier development success
- Procurement
process efficiency
Ideal Candidate Profile
Experience
- 10–15
years of experience in Strategic Sourcing / Procurement / Supply Chain
- Strong
background in consumer durables, appliances, cookware, or electricals
- Managed large procurement spends (₹500 Cr+)
Skills
- Strategic
sourcing & negotiation
- Should-cost
& value engineering
- Commodity
buying & risk management
- Supplier
development & governance
- Strong
commercial and analytical mindset
Education
- Engineering
(Mechanical preferred)
- Postgraduate
qualification in Supply Chain / Operations preferred
Why This Role Matters at StoveKraft
This role is critical for:
- Protecting
margins in a cost-sensitive, competitive market
- Enabling
scalable growth without supply risk
- Supporting
domestic and export business profitability
Top of Form
Bottom of Form