Procurement Manager

1 week ago


Mumbai, Maharashtra, India Marico Limited Full time

Purpose of the Role:
To drive excellence in procurement through various strategic initiatives.

Key Deliverables of the Role:

  • Strategic category Management.
  • Enabling Sales by ensuring Material availability to internal & external customers of planned & unplanned demand thru material planning as per desired inventory norms set by organization to achieve competitive edge.
  • Ensuring Business Continuity through Value chain dominance (upstream sourcing, disintermediation), Supply Risk mitigation (Alternate Vendor development, Strategic relationships, Exploring substitutes) and Sustainable sourcing.
  • Effective Supplier Relationship Management to deliver Marico desired performance from Vendors through Category Supplier Management deployment, Supplier Performance management, Negotiation tools deployment (RFQ, eauctions, offline negotiations, tendering), Contract Management & Supplier Lifecycle Management.
  • Ensuring GRC in Procurement through Transaction Governance for commodities spend of 150+ Cr in the Sourcing to Contracting & Purchase to Pay process, Risk Management through vulnerability assessment & action planning, Automation of Controls and Compliance to various statutory requirements (VAT, Excise, IT, Customs, FTA, Biodiversity & Commercial requirements (LC, Payment mechanisms, Incoterms, Insurance, Forex)
  • Improving Transaction Productivity through redesigning the Procurement related process to improve speed, accuracy, reduce resource usage by introducing algorithmic thinking & making them touch-free.
  • Talent Management through talent capability development, succession & career planning, inculcating Marico Values & Culture.

Knowledge, Skills & Competencies:

  • Business Acumen
  • Analytical Skills
  • Negotiation Skills
  • Opportunity seeking
  • Planning & Execution
  • Creative & exploratory Mindset
  • System & Process Orientation
  • Activity Based Costing/Cost Cascades
  • Mental dexterity (Resilience, managing cognitive dissonance, avoid fear & greed)
  • Managing scale & complexity
  • Statuary requirement of compliances (FSSAI, FTP, VAT, Excise, IT, Customs, FTA, Works Contract, Service Tax, APMC, Contract Farming Act)

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