
Procurement Specialist
4 days ago
Job Title: Purchase Lead
This role focuses on execution, planning, and cross-functional collaboration. The goal is to lead purchase planning, oversee vendor coordination, and drive efficiency in procurement operations.
We're seeking a structured, data-strong professional who can translate demand forecasts into actionable purchase plans for both perishable and non-perishable SKUs.
The ideal candidate will have strong analytical skills with comfort in handling large datasets and Excel-based planning models.
- Demand Planning & Projections
- Collaborate with stakeholders to build and validate monthly/quarterly demand projections using historical data and sales trends.
- Translate demand forecasts into purchase plans.
- Get final approvals from management on forecast assumptions and purchase timelines.
- Share projections timely with vendors.
- Purchase & Vendor Management
- Coordinate with ongoing vendors to ensure timely PO issuance & delivery as per agreed timelines.
- Monitor vendor performance; 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 and prevent stockouts and overstocking.
- Track stock cover by SKU and manage inventory liquidation.
- Monitor purchase budgets and control cost deviations.
- Drive improvement in inventory turnover and overall purchase efficiency.
- Reporting, Documentation & Cross-functional Sync
- Build dashboards and trackers for POs, stock cover, vendor performance, and budget utilization.
- Collaborate closely with other teams for seamless execution.
B. Strategic Projects:
In addition to core work, the candidate will be expected to take ownership of some strategic projects that drive efficiency & improvement across the supply chain, like:
- Logistics optimization – Route planning, long-haul load optimization, freight benchmarking.
- Cost optimization – Identifying opportunities to save via process tweaks or vendor rationalization.
- Quality control process design & rollout – Defining and implementing quality checks.
- Warehouse or production process improvement – SOP standardization for procurement and warehouse functions.
Requirements
- 5–10 years of experience in purchase planning / inventory management / procurement in a consumer brand, retail, or FMCG company.
- Graduate/Postgraduate in Business, Supply Chain, Operations, Engineering, or related field.
- Strong proficiency in Microsoft Excel (Advanced level).
- Familiarity with ERP tools, inventory planning systems is a plus.
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