
Procurement Operations Specialist
1 day ago
We are seeking a skilled Procurement Manager to join our team.
About the RoleThis is a structured and data-driven role that involves leading purchase planning, overseeing vendor coordination, and driving efficiency in procurement operations.
- Responsibilities include:
- Demand Planning & Projections
- Collaborate with stakeholders to build and validate demand forecasts 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.
- 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.
- Demand Planning & Projections
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