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Procurement Specialist
2 weeks ago
Nurturing Green is a fast-growing home gardening brand committed to innovation, speed, and scale.
Key Responsibilities:- Demand Planning & Projections
- Collaborate with key stakeholders to build and validate monthly/quarterly demand projections using historical data and sales trends.
- Translate demand forecasts into actionable purchase plans for both perishable and non-perishable SKUs.
- Get final approvals from management on forecast assumptions and purchase timelines.
- Ensure projections are shared timely with vendors—three months for non-perishable, six months for perishables.
- Purchase & Vendor Management
- Coordinate with ongoing vendors to ensure timely PO issuance & delivery as per agreed timelines.
- Monitor basic SLA adherence like lead time, fulfillment rate, and product quality; flag deviations and coordinate resolution.
- Maintain clean documentation for POs, pricing, and approvals.
- Coordinate with Finance for timely invoice processing and payment closure.
- Inventory & Cost Management
- Maintain optimal inventory levels Pan-India and prevent both stockouts and overstocking.
- Track stock cover by SKU and manage liquidation of slow-moving or ageing inventory.
- Monitor purchase budgets, control cost deviations, and support wastage reduction.
- Drive improvement in inventory turnover and overall purchase efficiency.
- Reporting, Documentation & Cross-functional Sync
- Build and maintain Excel-based dashboards and trackers for POs, stock cover, vendor performance, and budget utilization.
- Work with the Online team to manage RIS for platform-exclusive SKUs.
- Ensure clean, audit-ready documentation of all purchase operations.
- Collaborate closely with NPD, Warehouse, Sales, and Finance for seamless execution.
- Strategic & Cross-Functional Projects
- Logistics optimization – Route planning, long-haul load optimization, freight benchmarking.
- Cost optimization – Identifying opportunities to save via process tweaks or vendor rationalization.
- QC process design & rollout – Defining and implementing quality checks across regions
- Warehouse or production process improvement – SOP standardization for procurement and warehouse functions