Sourcing Manager

Banyan Nation is India s most trusted plastic recycler, recognized for pioneering a circular economy for plastics. Headquartered in Hyderabad, we are a leading player in the FMCG bottle-to-bottle recycling industry. In the last three years alone, we have enabled the manufacturing of over 2 billion sustainable bottles.

We believe in ethical sourcing and ensuring that every bottle we recycle is traceable for years. Additionally, our integration of 10000+ informal PCR/PIR material collectors into formal value chains reflects our commitment to social responsibility.

The Sourcing Manager will lead end-to-end material sourcing activities across multiple industries (Pharma, FMCG, Retail, Beverage, Automotive, Paper & Stationery). Will close deals, drive tenders, and develop market intelligence to optimize procurement strategies, ensuring Banyan Nation secures high-quality materials under favorable commercial terms and industry compliance.

• Strategic PCR/PIR plastic material Sourcing & Category Management - Develop and execute sourcing roadmaps for industrial PCR/PIR plastic material across multiple sectors. Segment supplier categories, forecast requirements and diversify supply base for resilience.


• Tender Management & RFx Execution - Prepare and manage RFIs, RFQs, RFPs. Coordinate end-to-end bidding: document preparation, market release, evaluation, negotiation and contract-award processes. Ensure transparency, compliance and competitive margin realization.


• Commercial Negotiation & Deal Closure - Engage with suppliers industrials, recyclers and sourcing partners to negotiate PCR/PIR plastic material price, terms, ratings, logistics, and payment clauses. Ensure approval of commercial contracts that align with our organization. Category-level P&L accountability driving sourcing strategies that deliver commercial performance in line with Banyan Nation s financial and sustainability goals.


• Market Intelligence & Price Benchmarking - Continuously gather data on PCR/PIR plastic material price movements, sector-specific benchmarks, global supply-demand trends. Share intelligence to guide sourcing strategy and risk mitigation.


• Supplier & Stakeholder Management - Build strong relationships with Recyclable resource networks, Sourcing Partners, and institutional buyers. Liaise internally with operations, quality, legal, logistics, and finance teams to drive alignment and execution.


• Contract Performance & Risk Management - Monitor supplier performance (quality, delivery timelines, Exception Management & Dispute Resolution). Implement corrective actions. Manage tender compliance, supplier audits, and mitigation of supply chain disruptions.


• Bid Evaluation & Cost Analysis - Support bid committees with comprehensive evaluation: technical comparisons, price scoring, total cost-of-ownership assessments.


• Conduct supplier due diligence to ensure ethical sourcing practices, compliance with environmental norms, and adherence to anti-bribery standards.


• Be eager to use BN digital tools to drive transparency, track procurement KPIs, and enable data-driven decisions.


• Continuously optimize landed cost of RM by balancing price, logistics, payment terms & working capital projections.


• Work closely with QC and Production teams to ensure sourced material meets Banyan Nation s stringent quality, impurity, and processing standards.

• Any bachelor s degree (preferred business administration, Supply Chain, Engineering, or related field).


• 3-6 years in commercial sourcing, procurement, or supply chain preferably in PCR/PIR plastic materials or industrial recycling.

• Industry Knowledge: Exposure to pharma, FMCG, retail, beverages, automotive, paper & stationery recyclable material streams.


• Tender Expertise: Proven ability to manage full tender cycles. Should have strong knowledge and hands-on experience in tender management, including preparation, submission, and execution of tenders across sectors like pharma, FMCG, retail, beverage, automobile, and public sector enterprises. Must be capable of independently managing end-to-end tendering processes, ensuring compliance and competitiveness.


• EPR: Must have sound understanding of Extended Producer Responsibility (EPR) frameworks and compliance requirements related to PCR/PIR plastic management. Should be capable of supporting sourcing strategies aligned with sustainability goals and regulatory mandates, and effectively engaging with brands and stakeholders for EPR-related material procurement and documentation.


• Technical knowledge: Understanding of PCR/PIR plastic material grades, quality parameters, impurity standards.

• Negotiation: Strong commercial acumen with demonstrated success in high-volume/materials-based deal closure.


• Analytical Skills: Data-driven sourcing and market intelligence capabilities.


• Stakeholder Management: Ability to collaborate across multiple internal and external stakeholders.


• Competencies & Soft Skills


• Negotiation & Influencing: Resolute, results-driven, capable of closing large-volume deals.


• Analytical Thinking: Comfortable with complex data, cost breakdowns, and market trends.


• Communication: Clear, confident, and persuasive, both verbally and in writing.


• Problem Solving: Agile mindset to resolve supplier issues, logistics bottlenecks, and contract disputes.


• Organization: Managing multiple tenders, deadlines, and documentation simultaneously.