Head - Rate Contracts
Larsentoubro · larsentoubro.com
ChennaiOn-siteLead / Manager15–20 yrsContract
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The job in short
Head of rate contracts (procurement).
AuditSupply chainProcurementNetworkingLegal
Details
- Found
- 11 d ago · posted 2026-10-15
- Location as listed
- Chennai Head Qrs.
- Source
- The company’s own careers site
Full description
1
Sensitivity: LNT Construction Internal Use
SECTION I: BASIC INFORMATION
Job Function Supply Chain Management (SCM) Role Head - Rate Contracts
Reporting to: Group Head - SCM Workplace
Classification Office
SECTION II: ROLE SUMMARY (Purpose of the Role)
The role involves leading a team of supply chain professionals in the Central Supply Chain Department, overseeing Rate Contracts /
Frame Agreements. The incumbent is responsible for defining sourcing strategies, ensuring compliance with procurement policies, and
aligning team goals with organizational objectives. The role also emphasizes stakeholder engagement, digital process improvements,
and delivering value across project sites through optimized procurement operations.
SECTION III: KEY RESPONSIBILITIES/ ACCOUNTABILITIES
Strategic
Procurement
? Lead procurement for Rate Contracts or Frame Agreements
? Manage a spend of ?3500 Cr across segments.
? Support team performance through reviews and problem-solving.
Strategic
Initiatives
? Drive consolidation, standardization, and optimization of categories.
? Implement digital tools like price benchmarking and material catalogues.
? Collaborate across BUs and ICs to expand the Rate Contract portfolio.
Stakeholder
Management
? Engage with senior external stakeholders for better leverage.
? Build strong internal relationships to align decisions.
? Set up redressal mechanisms for supplier and service provider issues.
Process
Compliance &
Governance
? Ensure adherence to procurement policies and processes.
? Manage approvals for deviations and implement audit recommendations.
? Continuously improve process efficiency and turnaround time.
SECTION IV: KEY INTERACTIONS
Internal
Stakeholder Purpose of Interaction
? Finance Department
? IT Department
? Corporate Supply Chain Leadership
? Legal Department
? Individual ICs (Independent Companies)
? Regional Procurement Teams
External
Stakeholder Purpose of Interaction
• Key Vendors & Suppliers
• Supplier CXOs (CEOs, CMOs)
SECTION V: KNOWLEDGE & EXPERIENCE
KNOWLEDGE
Minimum
Qualifications ? B.Tech along with Post Gratuate diploma in Materials Management
Language Skills ? English
EXPERIENCE
Years of
Experience
? 15- 20 years of Experience
2
Sensitivity: LNT Construction Internal Use
Nature of
Experience
• Extensive experience in Supply Chain Management (SCM) roles within Project and
Manufacturing organizations.
• Proven leadership of large teams of SCM professionals.
• Strong proficiency in commercial terms and conditions, with exposure to a wide range of
categories including Supply and Service Contracts.
• Demonstrated capability in negotiating large-value contracts, with end-to-end
experience in the tendering process.
SECTION VI: TECHNICAL & LEADERSHIP / BEHAVIORAL SKILLS REQUIRED TO EXECUTE THE ROLE
SKILLS
Technical Skills
(if available)
? Planning
? Good Knowledge of Commercial and Legal Terms
? Negotiation Skills
Leadership /
Behavioral Skills
(if available)
? Strategic Orientation and Effective Delegation
? Communication Skill
? Decision Making
? Team and People Management
? Good Networking
? Stakeholder Management
ROLE PROFILE DOCUMENTATION
Document Owner Sandeep Goyal
Date October 2025