Procurement Manager

Role Procurement Manager
Department Material Management
Qualification Should be from BCom(Hons)/Finance background
(Bachelor’s degree in supply chain management, logistics OR
MBA/ PGDM with specialization in Finance/Material
Management/International Business) will be preferable
Experience 10-15 years of Relevant Experience with minimum 5 years’ experience
in Managerial level.
Preferred Industries Stationery, FMCG, Writing Instrument Industry
Location Kolkata
Skills/Experience
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.
Key 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.

Work arrangement
No