Procurement Manager

Job Title: Procurement Executive – Vendor Management & NegotiationLocation: Bangalore (Kirloskar Business Park, Hebbal) Company: Protyze – A Product-Based Nutrition & Wellness Company Department: Procurement / Supply Chain About Protyze:At Protyze, we create science-backed nutritional products designed for health-conscious consumers. As a product-based company, effective procurement and cost management play a critical role in our operations. We are looking for a Procurement Executive who excels in vendor negotiation, cost control, and maintaining strong supplier relationships. Role Overview:You will be responsible for sourcing materials and services, managing vendor relationships, and negotiating the best possible terms. The ideal candidate will combine market knowledge, negotiation skills, and operational discipline to ensure cost-effective and quality-driven procurement. Key Responsibilities:🔹 Vendor Management:Identify, evaluate, and onboard vendors for raw materials, packaging, and operational supplies. Build long-term relationships with suppliers to ensure consistent quality and timely delivery. Maintain an up-to-date vendor database with performance tracking and rating systems. Resolve vendor issues including delays, non-compliance, and disputes efficiently. 🔹 Vendor Negotiation:Negotiate pricing, payment terms, delivery timelines, and bulk discounts with new and existing vendors. Benchmark market rates regularly to ensure competitive pricing. Strategically negotiate long-term contracts to reduce procurement costs and lock in rates. Collaborate with legal/finance teams on contract terms and risk mitigation. 🔹 Procurement Operations:Raise purchase orders based on inventory and production planning. Track order status, coordinate deliveries, and ensure documentation is complete. Maintain procurement logs, cost analysis reports, and savings dashboards. Ensure compliance with internal policies and quality standards. Requirements:Bachelor’s degree in Supply Chain Management, Business Administration, or related field. 3–6 years of procurement experience, preferably in FMCG, health, or product-based industries. Proven experience in vendor negotiations and cost-saving strategies. Proficient in Excel, Google Sheets, and procurement tools or ERP systems. Excellent communication, interpersonal, and conflict resolution skills. Preferred Skills:Familiarity with sourcing food-grade packaging and raw materials. Experience with FSSAI/labeling compliance and vendor audits. Exposure to sustainable sourcing or eco-friendly vendor practices. Why Join Protyze?Be part of a growing, health-focused consumer brand. Lead strategic procurement projects and vendor development. Dynamic team, modern workspace, and a collaborative work culture Having experience is Zoho Mail is mandatory