
Procurement Manager
1 week ago
Purchase Lead Role Overview:
This position is ideal for a results-driven individual with strong analytical skills and experience in procurement planning.
Responsibilities:
- Demand Planning & Projections:
- Collaborate with key stakeholders to develop and validate demand forecasts using historical data and sales trends.
- Translate demand projections into actionable purchase plans for both perishable and non-perishable items.
- Obtain final approval from management on forecast assumptions and purchase timelines.
- Ensure timely sharing of projections with vendors—3 months for non-perishable, 6 months for perishables.
- Purchase & Vendor Management:
- Coordinate with ongoing vendors to ensure timely PO issuance and 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.
Strategic Projects:
In addition to core planning work, the candidate will be expected to take ownership of some strategic projects that drive efficiency and improvement across the supply chain, such as:
- 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.
About This Opportunity:
This role requires a structured, data-strong individual who can execute, plan, and collaborate cross-functionally.
Key Qualifications:
- 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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