Join our team as Chief Purchase Officer / Chief Procurement Officer (CPO) (2-3 Yrs)

Cholamandalam Investment and Finance Company Limited
Applicants0
Posted9 days ago

Job Highlights

Experience2 - 3 Yrs
Salary8-11 LPA
LocationChennai
Work ModelHybrid
RoleChief Purchase Officer / Chief Procurement Officer (CPO)
Openings1
EmploymentInternship
EducationMBA/PGDM

Required Skills

Procurement StrategyVendor ManagementContract NegotiationSupply Chain ManagementCost AnalysisFinancial AcumenRisk ManagementData AnalysisCommunication SkillsProblem-SolvingMBA/PGDMMicrosoft Office SuiteERP Systems Knowledge

Job Description

Role Summary:
We are seeking a dynamic and detail-oriented Chief Purchase Officer / Chief Procurement Officer (CPO) with 2-3 years of experience to join our Chennai team. The ideal candidate will be responsible for overseeing and managing the company's procurement activities, ensuring cost-effectiveness, quality, and timely delivery of goods and services. This role requires a strategic thinker with a strong understanding of financial services industry procurement needs and a Master's degree in Business Administration (MBA) or Post Graduate Diploma in Management (PGDM).

Key Responsibilities:
- Develop and implement effective procurement strategies and policies.
- Manage the end-to-end procurement process, including sourcing, negotiation, and vendor management.
- Identify and evaluate potential suppliers, ensuring compliance with company standards and regulatory requirements.
- Negotiate favorable terms, pricing, and contracts with vendors.
- Monitor market trends and identify cost-saving opportunities.
- Maintain strong relationships with internal stakeholders to understand their procurement needs.
- Ensure timely delivery of goods and services while maintaining quality standards.
- Manage inventory and optimize stock levels.
- Prepare procurement reports and analyze spending patterns.
- Ensure compliance with all relevant laws and regulations in the procurement process.

About Cholamandalam Investment and Finance Company Limited

Cholamandalam Investment and Finance Company Limited (Chola) is a Murugappa Group company. Chola is a leading Non-Banking Financial Company (NBFC) in India. Established in 1978, the company provides a wide range of financial services, including vehicle finance, home loans, home equity loans, loans against property, gold loans, corporate finance, and SME finance. With a strong presence across India and a commitment to customer satisfaction, Chola has established itself as a trusted name in the financial services sector.

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