
Lead Procurement Specialist
1 day ago
Procurement Leadership Position
The procurement leadership position is responsible for overseeing purchase planning, coordinating vendor relationships, and driving efficiency in procurement operations. This role focuses on execution, planning, and cross-functional collaboration.
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.
- 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, fulfilment 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 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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