Procurement Manager

The Procurement Manager is responsible for planning, developing, and executing procurement strategies to ensure the timely acquisition of goods and services at optimal cost, quality, and reliability. The role involves supplier management, contract negotiation, cost optimization, and ensuring compliance with company policies and regulatory standards.

Key Responsibilities:

• Develop and implement effective procurement strategies aligned with organizational goals
• Source, evaluate, and select suppliers and vendors
• Negotiate pricing, contracts, and terms to achieve cost savings
• Manage supplier relationships and monitor vendor performance
• Ensure timely procurement of materials and services
• Coordinate with finance, operations, and project teams
• Monitor market trends, pricing, and supply risks
• Ensure compliance with company policies, legal, and regulatory requirements
• Maintain accurate procurement records and documentation
• Lead and mentor procurement team members (if applicable)

Required Skills & Competencies:

• Strong negotiation and vendor management skills
• Excellent communication and interpersonal abilities
• Analytical and cost-management expertise
• Knowledge of procurement processes and supply chain management
• Experience with ERP or procurement systems (SAP, Oracle, etc.)
• Problem-solving and decision-making skills

Qualifications:

• Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or related field
• MBA or professional certifications (CIPS, CPSM) preferred
• Minimum 5–8 years of experience in procurement or supply chain roles

Key Performance Indicators (KPIs):

• Cost savings and budget adherence
• Supplier performance and delivery timelines
• Procurement cycle efficiency
• Contract compliance and risk management

Preferred Industry Experience:

• FMCG / Retail

Job Types: Full-time, Permanent

Pay: ₹24,081.18 - ₹28,000.00 per month

Benefits:

• Cell phone reimbursement

Work Location: In person