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Job Description: Procurement Manager Job Title: Procurement Manager (On Randstad Payroll) Department: Procurement Profession (Marketing, Finance, etc.): Supply Chain Work Level: Permanent Job on Randstad role Location (City, Country): Mumbai HO, India / 5 Days WFO Main Job Purpose: ...
This initiative is aimed at unlocking cash potential and driving cost savings among A-category Contract Manufacturers (CMs) located throughout India. The primary objectives include the optimization of working capital, restructuring of conversion costs, and implementation of process improvements to achieve substantial benefits in both cash flow and operational costs. - Procurement Negotiations, - Stakeholder Management, - Supply Chain Understanding, - Category Management, - Non-operations & In-depth Finance Understanding, - Payment Terms and Working Capital Manufacturing Deliverables o Cash Potential Unlock~10 million o CM Savings (Restructuring & Benchmarking) ~2 million Key Accountabilities: o Facilitate cash release by conducting comprehensive Working Capital (WC) analysis for CMs, identifying opportunities, and aligning WC CM partners leading to PT extension. o Lead initiatives to achieve conversion cost savings by benchmarking line-level costs at each CM and overseeing CSC restructuring, ensuring that savings are realized in CPT. o Enhance processes at C-category CMs, with a particular focus on FG costing and material reconciliation processes o Support the advancement of 2 CMs from C-category to A-category status by implementing best practices in cost control, quality improvement, and process efficiency. o Assist in the restructuring of the HC network. o Framing compliance requirements and policies o Digitalization of cost sheets by standardization of cost sheets o Monitor and manage Sigma CM Program Modules (Control Tower for CM Operations)
Professional Skills:
o Good Data & Analytical skills o Expert business partnering & stakeholder management o Ability to work in a fast-paced, dynamic environment with owner’s mindset o Problem-solving skills to address and resolve operational issues while maintaining attention to details o Negotiation & communication skills o Basic financial acumen for understanding business cases & reporting
experience
20
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Job Description: Procurement Manager Job Title: Procurement Manager (On Randstad Payroll) Department: Procurement Profession (Marketing, Finance, etc.): Supply Chain Work Level: Permanent Job on Randstad role Location (City, Country): Mumbai HO, India / 5 Days WFO Main Job Purpose: This initiative is aimed at unlocking cash potential and driving cost savings among A-category Contract Manufacturers (CMs) located throughout India. The primary objectives include the optimization of working capital, restructuring of conversion costs, and implementation of process improvements to achieve substantial benefits in both cash flow and operational costs. - Procurement Negotiations, - Stakeholder Management, - Supply Chain Understanding, - Category Management, - Non-operations & In-depth Finance Understanding, - Payment Terms and Working Capital Manufacturing Deliverables o Cash Potential Unlock~10 million o CM Savings (Restructuring & Benchmarking) ~2 million Key Accountabilities: o Facilitate cash release by conducting comprehensive Working Capital (WC) analysis for CMs, ...
identifying opportunities, and aligning WC CM partners leading to PT extension. o Lead initiatives to achieve conversion cost savings by benchmarking line-level costs at each CM and overseeing CSC restructuring, ensuring that savings are realized in CPT. o Enhance processes at C-category CMs, with a particular focus on FG costing and material reconciliation processes o Support the advancement of 2 CMs from C-category to A-category status by implementing best practices in cost control, quality improvement, and process efficiency. o Assist in the restructuring of the HC network. o Framing compliance requirements and policies o Digitalization of cost sheets by standardization of cost sheets o Monitor and manage Sigma CM Program Modules (Control Tower for CM Operations)
Professional Skills:
o Good Data & Analytical skills o Expert business partnering & stakeholder management o Ability to work in a fast-paced, dynamic environment with owner’s mindset o Problem-solving skills to address and resolve operational issues while maintaining attention to details o Negotiation & communication skills o Basic financial acumen for understanding business cases & reporting
Key Result Areas:<br />• Develop and implement procurement strategies to meet the organizations objectives and targets.<br />• Manage and lead procurement portfolio of INR 100 to 150 Cr / annum.<br />• Responsible for key purchase decisions directly influencing the P&L of the Business.<br />• Identify, Evaluate, and select suitable vendors / suppliers for various Chemical Raw Material, Packing Material, General Items, CAPEX, and consumables.<br />• Negotiate terms & conditions, competitive pricing, delivery schedules, payment terms and long-term supply agreements wherever feasible.<br />• Maintain healthy relationships with key suppliers to ensure timely delivery of quality goods and services.<br />• Proactively address concerns that arise during the procurement process.<br />• Regularly monitor inventory levels and ensure optimal stock levels to meet demand while minimizing excess inventory.<br />• Coordinate with cross functional departments to forecast future demand and plan procurements.<br />• Constantly analyse pricing market trends, market conditions and supplier performance to identify cost optimization initiatives.<br />• Execute and sustain best in class industry practices.<br />• Implement cost optimization & saving strategies without compromising quality or service.<br />• Ensure procurement process is followed as per the contracts with suppliers.<br />• Adhere to legal and regulatory compliances.<br />• Spearhead revisions in contract (AMC).<br />• Collaborate with quality control and assurance teams to ensure that purchased goods and services meet the required quality standards and specifications.<br />• Continuously evaluate and improve procurement processes to enhance efficiency.• Implement best practices and innovative solutions to optimize the working of the procurement function.<br />• Analyse procurement budget, report and track expenditures to respective stakeholders.<br />• Develop contingency plans to sustain the operations continuity.<br />• Analytical skill in terms of price and market trending globally.<br />• MS word, excel and PPT skills<br />• SAP (MM) knowledge for view PR, PO release, stock check, material movement, BOM etc.<br />• Work closely with development teams for delivering goods on-time.<br />• Preparing reports weekly, monthly, Half Yearly and Yearly.<br />• Monitoring internal team and performance<br />• Prepare SOP and its adherence<br />• Develop and strengthen the team members in technical and behavioural competencies.<h3>experience</h3>15
ESSENTIAL DUTIES & ; RESPONSIBILITIES: Lead and oversee the full procurement lifecycle across the GCC and drive procurement analytics and reporting to executive leadership.<br /> Manage the end-to-end RFx process (RFI, RFP, RFQ), ensuring effective competition, compliance, and alignment with category and business requirements.<br /> Oversee creation, close/cancel or amendment of PO and collaborate with finance on PO/invoice management.<br /> Administer contract creation, review, renewal, and amendment processes in coordination with global legal and compliance teams.<br /> Own and govern the vendor onboarding process, ensuring due diligence, risk assessments, and adherence to compliance requirements.<br /> Maintain and ensure the integrity of vendor master data, implementing controls and serve as the escalation point for supplier queries, disputes, and performance issues, ensuring prompt resolution and relationship stability.<br /> Champion digital procurement tools (e.g., Workday, SAP Ariba, Coupa, Oracle or equivalent) to enable process automation and transparency.<br /> Identify and implement continuous improvement initiatives in sourcing processes, cycle times, and operational efficiency.<br /> Ensure adherence to corporate procurement policies, governance frameworks, and local regulatory requirements.<br /> Develop, mentor, retain a high performing team while supporting training and capability building to strengthen operational maturity and enhance performance effectiveness Deep understanding of end-to-end procurement and sourcing operations within a global or shared services setup.<br /> Strong expertise in RFx management, contract lifecycle administration, and supplier relationship management, vendor performance management using relevant frameworks.<br /> Strong analytical and problem-solving abilities with the capability to leverage data for decision-making and insights.<br /> High proficiency with ERP and procurement tools along with data analytics tools<br /> Strong interpersonal and stakeholder management skills to influence at multiple organizational levels.<br /> Effective negotiation, communication, and presentation capabilities.<br /> Demonstrated track record of process optimization, cost savings, and operational efficiency improvement.<br /> Deep understanding of procurement compliance, risk management, and audit controls.<br /> Adaptability to work in a dynamic, multi-geography, and cross-functional environment.<br /> Strong leadership, people development, and change management capabilities MINIMUM QUALIFICATIONS: Bachelor’s/Master’s degree in Commerce, Business Administration, Supply Chain Management<br /> minimum10 years of progressive experience in procurement, sourcing operations, or vendor management with 4-5 years in a leadership role managing shared services, or GCC setup<br /> Proven exposure to global procurement policies, sourcing frameworks, and compliance standards.<br /> Hands-on experience with digital procurement platforms and strong proficiency in MS Excel and analytics tools.<br /> Ability to lead teams with excellent interpersonal, communication, and stakeholder management skills. <h3>experience</h3>15