Procurement Manager

2 weeks ago

Thoothukudi, Tamil Nadu, India beBeePurchase Full time ₹ 17,28,000 - ₹ 25,92,000
About The Role

As a seasoned Purchase Lead, you will be responsible for driving efficiency in procurement operations and ensuring seamless execution across the supply chain. This role is ideal for a structured and data-driven professional who can lead purchase planning, oversee ongoing vendor coordination, and drive improvement in inventory turnover.

This strategic role requires a strong command of Excel, data interpretation, and forecasting logic to convert demand projections into actionable purchase plans. You will work closely with various teams to ensure product availability across regions, manage procurement operations, and maintain existing vendor relationships.

The successful candidate will have 5-10 years of experience in purchase planning, inventory management, or procurement in a consumer brand, retail, or FMCG company. A graduate degree in Business, Supply Chain, Operations, Engineering, or related field is preferred, along with advanced proficiency in Microsoft Excel or Google Sheets.

Key Responsibilities:

  • Purchase 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—3 months for non-perishable, 6 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.

Preferred Qualifications:

  • Graduate degree in Business, Supply Chain, Operations, Engineering, or related field
  • Strong proficiency in Microsoft Excel / Google Sheets (Advanced level)
  • Familiarity with ERP tools, inventory planning systems is a plus

The ideal candidate will be flexible, detail-oriented, logical thinkers who can handle ambiguity and open to new projects.

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