Manager - Procurement & Purchase - FMCG/Pharma - IIM/ISB/MDI/FMS

Procurement and Purchase Manager

Job Overview:

- This role involves overseeing procurement for raw materials (RM), packaging materials (PM), and finished goods (FG) for the manufacturing of personal care products. The candidate must be flexible to handle diverse categories, aiming to develop a comprehensive understanding of procurement and supply chain operations over the long term.

Job Purpose:

- The primary objective is to manage the procurement of all RM, PM, and FG required for manufacturing personal care products. The role also aims to build cross-category expertise to drive efficiency and innovation within the larger supply chain framework.

Key Responsibilities:

Category Procurement Operations:

- Manage procurement activities for personal care categories such as skincare and perfumes.

- Ensure materials are procured in alignment with planned requirements and business goals.

Strategic Planning:

- Adapt procurement processes to meet the needs of a dynamic and evolving business environment.

- Conduct planning across various horizons-short, medium, and long-term-to address future requirements.

Vendor and Supply Chain Management:

- Act as the primary point of contact for domestic and global vendors, navigating complexities and disruptions in the supply chain.

- Develop and implement mitigation plans to address supply risks.

Inventory and Availability:

- Maintain a high level of material availability (OTIF/FR) to meet production needs.

- Manage inventories efficiently, including tracking non-moving or short-expiry materials, and liaise with planning and marketing teams for optimal utilization.

Responsiveness and Flexibility:

- Enhance the organization's ability to respond quickly to market fluctuations and business-driven changes.

New Product Development (NPD) Integration:

- Collaborate with the NPD team to transition new products into the core business seamlessly.

Stakeholder Collaboration:

- Work closely with planning teams to develop effective transition plans, ensuring minimal obsolescence and meeting business objectives.

Issue Resolution:

- Resolve quality, specification, revalidation, and damage-related issues by implementing corrective and preventive action plans.

Vendor Performance and Improvement:

- Monitor vendor performance and drive continuous improvement across quality, cost, and delivery (QCD) metrics.

Cost and Resource Optimization:

- Identify cost-effective and reliable sources of supply.

- Initiate and implement risk mitigation and cost-saving strategies to support business growth and profitability.

System and Process Compliance:

- Ensure adherence to procurement systems and processes.

- Set up new systems or refine existing ones to meet evolving business requirements.

Digital Transformation:

- Support and lead digital transformation initiatives across the supply chain. Collaborate with internal teams, vendors, and external agencies.

Team Management:

- Supervise, guide, and mentor team members, ensuring alignment with organizational goals.

Performance Reporting:

- Generate regular MIS reports and analytics to monitor procurement performance and inform decision-making.

Sustainability Initiatives:

- Support sustainability efforts by driving transitions, proposing solutions, and implementing eco-friendly practices.

Key Requirements:

Education:

- MBA from a premier B-school or B.Tech/BE from a reputed institute with 2-3 years of relevant experience.

Experience:

- 1-2 years' experience in procurement or sourcing within large/mid-sized FMCG, Pharma, or similar industries.

Technical Skills:

- Strong knowledge of materials used in the personal care industry and associated vendors.

- Familiarity with global supply chain processes is an advantage.

- Proficiency in SAP/ERP/BY systems.

- Expertise in vendor relationship management.

Behavioral Skills:

- Exceptional negotiation and communication abilities.

- Proven ability to handle complexity and uncertainty.

- Strong team collaboration and leadership skills.

- Strategic mindset with a focus on systems and process-driven approaches.

Other Skills:

- Analytical mindset with comfort in working with data and numbers.

- Capability to adapt to uncertainty and execute scenario planning.

- Operating Network

Internal Stakeholders:

- Demand planning, marketing, manufacturing, logistics teams.

External Stakeholders:

- Vendors, suppliers, and associated agencies.

Additional Responsibilities:

- Lead initiatives for cost savings and risk mitigation to scale the business and improve profitability.

- Ensure compliance with all procurement processes while driving innovation and efficiency.

-Contribute to organizational sustainability goals through effective planning and execution.