Procurement Manager

Role & responsibilities

Procurement & Vendor Management

• Develop and execute procurement strategies for toys, stationery, and related product categories.
• Identify, evaluate, and onboard reliable suppliers/vendors while maintaining quality, price competitiveness, and timely delivery.
• Lead price negotiations and contract finalization to achieve cost savings without compromising quality.
• Maintain healthy vendor relationships and resolve supply-related issues promptly.

Inventory & Dispatch Management

• Oversee inventory planning, stock levels, and replenishment cycles across locations.
• Ensure monthly stock dispatches are executed accurately and on time.
• Implement inventory control measures to reduce wastage, stockouts, and overstock situations.
• Track and analyze inventory turnover and recommend process improvements.
• Cross-functional Collaboration & Store Support
• Work closely with store teams, visual merchandising, and marketing teams to ensure product availability and display alignment with sales plans.
• Coordinate with finance to monitor COGS and align purchasing with budgetary targets.
• Collaborate with operations for smooth inbound and outbound logistics.

Data & Reporting

• Prepare detailed procurement, inventory, and vendor performance reports.
• Utilize Excel and Power BI to track KPIs, analyze trends, and support data-driven decision-making.
• Provide actionable insights for improving supply chain efficiency and profitability.

Preferred candidate profile

• Bachelors degree in Supply Chain, Business Administration, or related field (Master’s preferred).
• Minimum 10 years of experience in procurement and inventory management, preferably in toys, stationery, or retail categories.
• Strong negotiation and vendor management skills.
• Excellent knowledge of Excel (advanced formulas, pivot tables, macros preferred) and Power BI.
• Proven experience in COGS analysis and cost optimization.
• Strong understanding of visual merchandising principles.
• Excellent communication, leadership, and stakeholder management skills.

Competencies

• Strategic thinking with hands-on problem-solving ability.
• Data-driven approach with high attention to detail.
• Ability to work under pressure and meet deadlines.
• Collaborative mindset with adaptability to a fast-paced retail environment.

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