Procurement Manager

Role & responsibilities

• Developing procurement strategies that are inventive and cost-effective.
• Sourcing and engaging reliable suppliers and vendors.
• Negotiating with suppliers and vendors to secure advantageous terms.
• Maintain compliance with corporate policies, legal standards, and ethical sourcing.
• Reviewing existing contracts with suppliers and vendors to ensure on-going feasibility.
• Building and maintaining long-term relationships with vendors and suppliers.
• Approving purchase orders and organizing and confirming delivery of goods and services.
• Performing risk assessments on potential contracts and agreements.
• Controlling the procurement budget and promoting a culture of long-term saving on procurement costs.
• Overseeing and managing the IT systems that track shipments, inventory, and the supply of goods.
• Preparing procurement reports.
• Partner with internal teams (plant/production, engineering, quality, finance, supply chain) to align sourcing plans with production schedules and capital projects.
• Forecast costs (inflation/deflation), contribute to annual budgets, and support engineering for packaging/equipment needs.
• Support inventory management, expedite critical deliveries, and ensure continuity.
• Provide input for MOQ, lead times, and supplier logistics planning.
• Record and analyze procurement data (spend, savings, supplier KPIs).
• Present insights and reports to senior management.

Preferred candidate profile

• Bachelors degree in supply chain management, logistics, or business administration Preferably MBA/ PGDM with specialization in Material Management/International Business
• Must have experience from Stationery, FMCG, Writing Instrument Industry
• 10-15 years of overall experience in procurement Domestic and Imports, Inventory Management, Product Development and Vendor development & Management
• Strong leadership and team management abilities of minimum 5 years in Writing Instruments/Stationery/FMCG.
• Proven Experience with sourcing the materials like Plastic Resins (PP, PE, ABS, SAN, TPE) / Inks, Dyes, Pigments / Tips / Packaging materials (BOPP pouches, Blisters, Cartons, PDQs, Dispensers) / Sales Promotional and POSM materials / Moulds & Machines.
• Deep understanding of Vendor Development (Domestic & Imports)
• Knowledge of import procedures including LC handling, customs documentation, Product development and overseas supplier coordination.
• Proficiency in ERP systems (HANA SAP, Oracle, etc.), MS Office (Excel modeling), and data analysis. In-depth knowledge of preparing and reviewing contracts, invoicing, and negotiation terms.
• Multi-tasking and time-management skills, with the ability to prioritize tasks.
• Highly organized and detail-oriented.
• Excellent analytical and problem-solving skills