Executive Procurement

Job Summary

As an Executive in Procurement, you will be responsible for managing procurement activities, optimizing supplier relationships, and ensuring cost-effective purchasing strategies to support business objectives. This role requires a deep understanding of sourcing, contract negotiation, procurement analytics, and supplier performance management. You will collaborate closely with internal teams such as supply chain, production, finance, and marketing to ensure a seamless procurement process aligned with company goals.

Responsibilities

• Digital Procurement & Data Analytics:

  • Utilize Material Requirements Planning (MRP) tools in ERP systems to ensure material availability.
  • Upgrade and roadmap to Integrated Business Planning (IBP) solutions for scenario planning.
  • Enhance Supplier Relationship Management (SRM) portals for seamless visibility of Raw Material Planning Management (RMPM) and Finished Goods (FG) status with automated reconciliation modules.
  • Leverage Power BI and other analytics tools to generate procurement reports, track supplier performance, and monitor cost trends.
  • Support digital transformation initiatives such as automation in procurement workflows and supplier portals.

• Procurement Strategy:

  • Plan raw materials, packaging materials, and indirect goods/services required for the business.
  • Manage supplier relationships, including negotiations, contract management, and performance evaluations.
  • Liaise with cross-functional teams for alternate vendor development, Minimum Order Quantity (MOQ) reduction, supplier proximity, and Customer Relationship Management (CRM) projects.

• Supplier Management & Negotiation:

  • Build and maintain strong relationships with key suppliers to ensure timely delivery and reliability for in-house, third-party (3P), and procure-to-pay (P2P) operations.
  • Conduct supplier audits and assessments to ensure compliance with company standards and regulatory requirements.
  • Develop supplier risk management strategies and contingency plans to mitigate supply chain disruptions.

• Procurement Operations & Compliance:

  • Ensure adherence to procurement policies, ethical sourcing standards, and regulatory compliance.
  • Work closely with internal departments to understand material and service requirements.
  • Monitor and analyze procurement spend to identify cost-saving opportunities.
  • Maintain accurate records of purchase orders, contracts, and supplier performance metrics.

• Stakeholder Collaboration & Cross-Functional Coordination:

  • Collaborate with supply chain, production, R&D, and finance teams to ensure procurement aligns with business needs.
  • Support new product development (NPD) by sourcing innovative materials and packaging solutions.
  • Coordinate with logistics and warehousing teams to ensure smooth inbound material flow.
  • Engage in sustainability initiatives and ensure responsible sourcing practices.

Qualifications

• Education:

  • Bachelor’s degree in Supply Chain Management, Logistics, Business Administration, or a related field.

• Experience:

  • Minimum of 5 years of experience in supply chain management, with a focus on process improvement and operational excellence.

• Technical Skills:

  • Proven track record of leading and implementing continuous improvement initiatives.
  • Strong analytical skills and proficiency in data analysis tools.
  • Knowledge of Lean, Six Sigma, or other process improvement methodologies.

• Soft Skills:

  • Excellent negotiation, communication, and stakeholder management skills.
  • Strong analytical and problem-solving abilities.
  • Ability to work in a fast-paced environment and handle multiple priorities.
  • Detail-oriented with strong organizational and time management skills.

Environment

• Location: Mumbai
• Work Type: Full-time
• Work Mode: In-office

Salary

Estimated salary range: Not provided.

Growth Opportunities

Potential career advancement opportunities within the company: Not provided.

Benefits

Offered benefits: Not provided.