Procurement Manager

1. Demand & Supply Planning

• Prepare demand projections and procurement forecasts based on sales plans.
• Develop demand and supply plans to ensure uninterrupted material availability.
• Coordinate with Sales and Supply Chain teams for accurate planning.

2. Procurement & Commercial

• Manage end-to-end procurement of raw materials, packaging materials.
• Develop sourcing strategies to achieve cost optimization and uninterrupted supply.
• Handle commercial procurement activities including RFQs, comparative analysis and supplier selection.
• Draft, review and manage procurement contracts and commercial agreements.
• Ensure procurement activities comply with company policies and procurement procedures.
• Drive continuous cost reduction and value engineering initiatives.

3. Strategic Sourcing & Vendor Relationship Management

• Identify, evaluate and develop new suppliers.
• Maintain strong relationships with existing vendors to ensure long-term business partnerships.
• Evaluate supplier performance based on Quality, Cost, Delivery and Service (QCDS).
• Conduct vendor audits, supplier evaluations and periodic performance reviews.
• Maintain vendor master database and procurement documentation.

4. Negotiation & Cost Management

• Negotiate pricing, payment terms, delivery schedules and commercial agreements.
• Control procurement costs in line with approved budgets.
• Monitor market trends, commodity prices and inflation to recommend sourcing strategies.
• Implement quarterly and annual cost-saving initiatives.

5. Logistics Management

• Coordinate domestic and overseas logistics operations.
• Ensure smooth interstate movement of materials and finished goods.
• Apply Incoterms knowledge for import and export procurement activities.
• Coordinate with transporters, freight forwarders, CHA and logistics partners.
• Track shipments and ensure timely deliveries.

6. Warehouse & Inventory Management

• Monitor daily and weekly inventory levels.
• Conduct inventory analysis and inventory ageing reviews.
• Maintain optimum inventory levels while minimizing carrying costs.
• Monitor reorder levels and stock replenishment.
• Coordinate with Warehouse, Stores, QA/QC and Supply Chain teams.
• Ensure inventory is maintained as per SOPs and company guidelines.

7. New Product Development (NPD)

• Support New Product Development (NPD) initiatives by sourcing new materials and suppliers.
• Coordinate procurement activities for new product addition and commercialization.
• Ensure timely availability of materials for product launches.

8. Reporting & MIS

• Prepare procurement dashboards and MIS reports.
• Generate inventory status, reorder level and ageing reports.
• Prepare vendor performance reports.
• Submit monthly procurement, inventory and budget review reports.
• Track procurement KPIs and recommend process improvements.

9. Team Management

• Lead, coach and develop the procurement team.
• Support recruitment, onboarding and training of new team members.
• Foster collaboration across Procurement, Supply Chain, Production, QA, Finance and Sales.