Procurement LeadConfidential • Bengaluru / Bangalore
Procurement Lead
Confidential • Bengaluru / Bangalore
9 days ago
Job descriptionLead and monitor procurement programs ensuring timely delivery, quality, and budget alignment. Track and report on program KPIs and take corrective actions when needed. Identify, evaluate, and onboard suppliers based on cost, quality, and reliability. Maintain and strengthen key supplier relationships to ensure service continuity and value creation. Ensure performance reviews and supplier compliance with contracts and SLAs. Lead negotiations to secure optimal pricing, terms, and value-added services. Ensure all contracts meet internal compliance standards and regulatory requirements. Proactively identify risks across supply chain operations and develop mitigation strategies. Ensure adherence to policies, legal standards, and ethical practices. Continuously evaluate procurement processes for efficiency and scalability. Introduce best practices, automation and AI based tools where applicable. Collaborate closely with Finance, Legal, Operations, and other departments to align procurement with organizational needs. Translate stakeholder requirements into effective sourcing and inventory strategies. Monitor inventory levels using the Warehouse Management System (WMS). Drive stock replenishment decisions and avoid stockouts or overstock situations. Provide monthly reports on stock levels, procurement KPIs, and cost trends. Manage and mentor a team of executives, analysts and managers. Set and evaluate individual and team KPIs, providing regular coaching and performance feedback. Develop and manage budgets and forecasts for the business unit Track actuals vs. planned spend and provide PL impact reporting. Bachelors degree in Business, Supply Chain, Procurement, or related field; Masters degree is a plus. 4-8 years of experience in procurement, supply chain, or program management roles. Proven experience in leading procurement teams and cross-functional projects. Strong knowledge of procurement processes, contract law, and vendor negotiations. Excellent analytical, negotiation, and communication skills. Proficient in Excel, Google Sheets, and familiarity with WMS / ERP systems. Procurement or project management certification (e.g., PMP, CPSM) is a plus. Prior experience in e-commerce, hospitality, or multi-location operations is preferred.
As a Program Manager in the Procurement department, you will play a critical role in overseeing and optimizing the procurement processes within the organization. You will be responsible for managing a portfolio of procurement projects, ensuring efficient sourcing, negotiation, and contract management practices. The Program Manager will lead a team of Procurement professionals and collaborate with cross-functional teams, vendors, and stakeholders to drive cost savings, enhance supplier relationships, and contribute to the overall success of the procurement function.
Key Responsibilities :
Strategic Planning Execution
- Develop and implement procurement strategies aligned with business goals.
- Partner with senior leadership to identify cost-saving opportunities and supplier development initiatives.
Program Oversight :
Supplier Vendor Management :
Contract Management Negotiation
Risk Compliance Management
Process Improvement Automation
Cross-Functional Collaboration
Inventory Supply Chain Oversight
Team Leadership
Budgeting Financial Reporting
What are we looking for :
Skills Required
Vendor Management, Contract Management, Risk Compliance, Inventory Management, Budgeting
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Procurement Lead • Bengaluru / Bangalore
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