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Procurement Lead

Procurement Lead

ConfidentialBengaluru / Bangalore
4 days ago
Job description

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 :

  • Lead and monitor procurement programs ensuring timely delivery, quality, and budget alignment.
  • Track and report on program KPIs and take corrective actions when needed.

    • Supplier Vendor Management :

  • 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.

    • Contract Management Negotiation

  • Lead negotiations to secure optimal pricing, terms, and value-added services.
  • Ensure all contracts meet internal compliance standards and regulatory requirements.

    • Risk Compliance Management

  • Proactively identify risks across supply chain operations and develop mitigation   strategies.
  • Ensure adherence to policies, legal standards, and ethical practices.

    • Process Improvement Automation

  • Continuously evaluate procurement processes for efficiency and scalability.
  • Introduce best practices, automation and AI based tools where applicable.

    • Cross-Functional Collaboration

  • Collaborate closely with Finance, Legal, Operations, and other departments to   align procurement with organizational needs.
  • Translate stakeholder requirements into effective sourcing and inventory strategies.

    • Inventory Supply Chain Oversight

  • 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.

    • Team Leadership

  • Manage and mentor a team of executives, analysts and managers.
  • Set and evaluate individual and team KPIs, providing regular coaching and performance feedback.

    • Budgeting Financial Reporting

  • Develop and manage budgets and forecasts for the business unit
  • Track actuals vs. planned spend and provide PL impact reporting.

    • What are we looking for :

  • 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.

    • Skills Required

    Vendor Management, Contract Management, Risk Compliance, Inventory Management, Budgeting

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    Procurement Lead • Bengaluru / Bangalore

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