Acquisitions Specialist
1 day ago
We are seeking a highly structured and data-driven Purchase Manager who can lead the planning and execution of purchases, as well as oversee ongoing vendor coordination and drive efficiency in procurement operations.
Key Responsibilities- Forecasting & Planning:
- Collaborate with key stakeholders to develop 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 that final approvals from management are obtained on forecast assumptions and purchase timelines.
- Share projections timely with vendors – 3 months for non-perishable, 6 months for perishables.
- Purchase 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 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 and control cost deviations.
- Drive improvement in inventory turnover and overall purchase efficiency.
- Reporting & Cross-functional Collaboration:
- 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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