Procurement Manager

1 month ago

Mumbai, 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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