Manager (Procurement)

Job Responsibilities

• Lead analysis of the procurement portfolio to identify cost, supply, and continuity risks and develop robust mitigation strategies.
• Drive supplier diversification and alternative material development to minimize business continuity risks.
• Monitor commodity market trends and price movements, translating insights into timely and value-focused procurement actions for management decision-making.’
• Consolidate demand forecasts and align procurement plans with production requirements.
• Lead budget preparation, cost estimations, and price projections in collaboration with cross-functional teams.
• Review and track stock positioning, develop procurement plans, seek required approvals, and actively manage variances to ensure operational efficiency and alignment with business objectives.
• Provide strategic oversight of inventory levels by reviewing stock positioning and ensure supply continuity.
• Source, specify, monitor, develop & evaluate vendors; call for vendor quotations; negotiate deals with vendors; seek approvals for product specifications/quality from units & QA; place orders; ensure dispatch on time in order to ensure beneficial vendor relationships.
• Identify Strategic vendors and prepare plans for minimizing risk and build long term relationships. Annual Vendor Performance to carried on.
• Jointly inspect supplies & seek explanations on rejections; analyze quality reports; provide feedback; address queries proactively to comply with all the standards and maintain quality parameters.
• Manage supplier audits and ensure compliance with company ethical sourcing and sustainability guidelines.
• Approved requisition/purchase order raised & inform A/C dept about pending issues; track payments; monitor variances & provide feedback; address internal & external queries in order to ensure healthy accounting practice.

Person Specifications

• Degree in Procurement Management/ Supply Chain / Contract Management with minimum 5-6 years’ experience in a large-scale manufacturing environment with sound knowledge of Direct Material Handling with the exposure to Commodity market.
• Broad understanding of purchasing related functional planning, Strategic Procurement /compliance & quality of large scale FMCG industry.
• Broad knowledge of Finance & Logistics, Compliance & quality management, Knowledge of Legal Procedures & Global Commodity Trading Practices.
• Decision making & problem-solving skills, communication skills, negotiating skills, interpersonal skills, Planning and control skills, organizing skills.