Procurement Manager

8 hours ago

Mumbai, Maharashtra, India Sisco Research Laboratories Pvt. Ltd. (SRL) Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Key Responsibilities:

  • Develop, implement & execute procurement strategies aligned with company goals.
  • Source, evaluate, and negotiate with suppliers

for high-quality chemicals, solvents, lab equipment, and packaging materials.
- Manage procurement processes including
RFQs, purchase orders, and contract management.
- Ensure all purchases comply with
industry regulations

and maintain documentation for audits.
- Establish and maintain vendor relationships, perform
supplier audits

, and assess performance on quality, price, lead time, and service.
- Analyze market trends and implement cost-saving initiatives without compromising on
purity standards or compliance

.
- Coordinate with
production,

QA/QC, R&D, and warehouse teams

for real-time demand planning and inventory control.
- Track market trends, price fluctuations, and lead-time changes for key raw materials.
- Ensure procurement compliance with company policies and legal requirements.
- Collaborate with internal stakeholders to forecast demand and plan purchases.
- Maintain accurate records of purchases, pricing, and supplier information.
- Use ERP systems to streamline procurement processes and maintain full traceability.
- Implement and maintain procurement KPIs to evaluate operational efficiency and its performance. viz:-  [On-time Delivery from Suppliers,  Procurement Cost Savings (YoY),  Vendor Lead Time Compliance,  Purchase Order Accuracy, Supplier Defect Rate / Quality Rejections, Number of Approved Strategic Vendors,  Stockout Incidents due to Procurement Delays, Contract Compliance Rate,  Cycle Time for Procurement Process].

Qualifications:

  • Bachelor's degree in
    Chemistry, Chemical Engineering, Supply Chain, or Business Administration

; Postgraduate or certifications (CIPS, CPM) preferred.
- 10+ years of experience in procurement or purchasing, ideally in
chemical, pharmaceutical, or scientific product industries

.
- Strong knowledge of
chemical and lab-grade material sourcing

, vendor evaluation, and global compliance requirements.
- Excellent negotiation skills, attention to detail, and the ability to manage multiple suppliers and timelines.
- Proficiency with procurement software and ERP systems.
- Knowledge of sourcing and procurement techniques and a dexterity in "reading" the market

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