Procurement Strategist

5 days ago

Aurangabad, Maharashtra, India beBeePurchase Full time ₹ 15,00,000 - ₹ 20,00,000
Purchase Lead

This role is perfect for a data-driven professional who can lead purchase planning, manage vendor coordination, and drive efficiency in procurement operations.

Key Responsibilities:
  • Demand Planning & Projections
    • Collaborate with stakeholders to build and validate monthly/quarterly demand projections using historical data and sales trends.
    • Translate demand forecasts into actionable purchase plans for perishable and non-perishable SKUs.
    • Get final approvals from management on forecast assumptions and purchase timelines.
    • Ensure timely sharing of projections with vendors—three months for non-perishable, six months for perishables.
  • Purchase & Vendor Management
    • Coordinate with ongoing vendors to ensure timely PO issuance and delivery as per agreed timelines.
    • Monitor basic SLA adherence such as 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 stockouts and overstocking.
    • Track stock cover by SKU and manage the 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.
    • Closely collaborate 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.

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