
Strategic Procurement Leader
2 days ago
Job Title: Procurement Manager
Location: Hybrid
About the Role:
This is an exciting opportunity to join a fast-growing company as a Procurement Manager. In this role, you will be responsible for leading purchase planning, overseeing ongoing vendor coordination, and driving efficiency in procurement operations.
Key Responsibilities:
- Procurement Planning:
- 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.
- 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.
- 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.
- 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.
Additional Responsibilities:
In addition to core procurement work, the candidate will be expected to take ownership of some strategic projects that drive efficiency & improvement across the supply chain, such as logistics optimization, cost optimization, QC process design & rollout, and warehouse or production process improvement.
Requirements:
- 5–10 years of experience in purchase planning / inventory management / procurement in a consumer brand, retail, or FMCG company.
- Strong analytical skills with comfort in handling large datasets and Excel-based planning models.
- Ability to work with cross-functional teams and align multiple stakeholders.
- Detail-oriented, logical thinker with a knack for structuring chaos.
- Comfortable with ambiguity and open to picking up new projects.
Preferred Qualifications:
- Graduate/Postgraduate 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.
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