Job description
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 Stove.
Kraft’s cookware and appliance businesses.
Key Responsibilities
- 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.
- 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.
- 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.
- 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.
- 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).
- 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.
- 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 Stove. Kraft 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