Manager - Procurement

5 - 10 years

8 - 12 Lacs

mumbai mumbai suburban mumbai (all areas)

Posted:19 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Role Overview

Manager - Procurement

  • Identify, evaluate, and onboard third-party manufacturers based on quality, capacity, cost, and compliance criteria.
  • Develop and implement sourcing strategies to meet business objectives and ensure continuity of supply.
  • Lead RFP/RFQ processes for new or existing product categories.
  • Negotiate long-term agreements, pricing structures, and performance metrics with suppliers.

2. Vendor & Contract Management

  • Establish clear contracts and service level agreements (SLAs) with suppliers and manufacturing partners.
  • Manage ongoing supplier relationships to ensure adherence to company standards, cost targets, and delivery timelines.
  • Conduct supplier audits and performance reviews to maintain quality and compliance.
  • Drive supplier development programs to enhance efficiency, cost competitiveness, and innovation.

3. Cost Management & Optimization

  • Analyze cost structures and identify opportunities for cost reduction and value creation.
  • Collaborate with finance and production teams to manage budgets and forecast procurement spend.
  • Track market trends, raw material prices, and logistics costs impacting procurement decisions.

4. Quality, Compliance & Risk Management

  • Work with Quality Assurance and Regulatory teams to ensure supplier compliance with GMP, ISO, FDA, and other standards.
  • Develop risk mitigation strategies, including alternative sourcing and contingency plans.
  • Ensure procurement practices follow ethical sourcing and sustainability policies.

5. Cross-Functional Collaboration

  • Partner with R&D, production, logistics, and marketing teams to align supply chain capabilities with business needs.
  • Support new product launches and process improvements through effective supplier coordination.

Qualifications

  • Bachelors degree in Supply Chain, Business Management, or related field (MBA preferred).
  • 5 to 8 years of experience in procurement, supply chain, or contract manufacturing (preferably in pharmaceuticals).
  • Strong negotiation, analytical, and vendor management skills.
  • Proficiency in ERP systems and procurement tools.
  • Knowledge of regulatory and quality standards (GMP, ISO, HACCP, etc.).

Key Competencies

  • Strategic sourcing & category management
  • Vendor relationship management
  • Contract negotiation and compliance
  • Cost analysis and financial acumen
  • Project management and cross-functional collaboration
  • Strong interpersonal and communication skills

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