Procurement Manager (4-12 yrs)

Job Title: Procurement Manager - Ecommerce FMCG

Responsibilities:

- Develop and execute procurement strategies that support business goals, sales forecasts, and new product launches.

- Identify, evaluate, and onboard reliable suppliers across packaging, raw materials, and finished goods categories.

- Negotiate pricing, payment terms, lead times, and supply commitments to ensure cost-effectiveness and supply stability.

- Ensure timely issuance and tracking of POs; maintain accurate and updated procurement records and documentation.

- Monitor vendor performance using KPIs such as OTIF (On Time In Full), cost variance, quality rejections, and response time.

- Collaborate with supply chain, operations, and demand planning teams to ensure procurement aligns with inventory targets and service levels.

- Partner with the warehouse and inventory control teams to reduce stockouts, minimize overstocking, and resolve GRN discrepancies.

- Drive procurement cost savings initiatives and implement process improvements for speed, transparency, and control.

- Stay updated on market trends, pricing volatility, and alternative suppliers - especially relevant in high-frequency ecommerce environments.

- Ensure procurement complies with internal controls, audit guidelines, and relevant statutory requirements.

- Present regular reports on procurement performance, supplier issues, and key risk indicators to senior leadership.

Requirements:

- 4-7 years of experience in procurement, preferably in FMCG, ecommerce, or high-SKU businesses.

- Strong negotiation and vendor management skills, with deep understanding of cost levers.

- Experience in ERP systems and procurement tools; strong MS Excel skills a must.