Assistant Manager - Procurement | Gurgaon

Lenskart; New Delhi; On-site; INR 1,500,000 - 2,200,000; Full time

Job summary

Lenskart is seeking a skilled Procurement professional to shape sourcing strategy, manage supplier relationships, negotiate terms, and control costs from Delhi. You will ensure quality, oversee inventory, document contracts, and report KPIs to leadership.

Strong data analysis, Excel, Power BI, and ERP familiarity are essential for optimizing procurement across stores and operations. Ideal candidates have 5–7 years in procurement, store fitout/decor procurement experience, and excellent

Qualifications

• Bachelor's degree in Procurement, Supply Chain Management, Business, or a related field.
• 5-7 years of experience in procurement or related roles with increasing responsibility.
• Experience of store fitout procurement, Interior/Decor procurement.
• Analytical skills with data analysis and market research.
• Excellent written and verbal communication for collaboration with internal teams and suppliers.
• Proficiency in MS Excel & Power BI; familiarity with Procure-to-Pay processes.

Responsibilities

• Procurement Strategy: Develop and execute procurement strategies aligned with company objectives.
• Supplier Management: Identify, evaluate, and manage suppliers for timely, cost-effective procurement.
• Contract Negotiation: Negotiate pricing, delivery, and quality standards with suppliers.
• Cost Control: Monitor and analyze procurement costs for reductions and improvements.
• Quality Assurance: Ensure procured goods/services meet quality and compliance standards.
• Inventory Management: Maintain optimal inventory, forecast demand, avoid stockouts/overstocks.
• Documentation: Maintain contracts, purchase orders, and supplier communications.
• Reporting: Prepare reports on procurement activities, supplier performance, and cost savings.
• Compliance: Ensure compliance with regulations and company policies.

Skills

Procurement Strategy

Supplier Management

Contract Negotiation

Cost Control

Quality Assurance

Inventory Management

Documentation

Reporting

Compliance

Education

Bachelor's degree in Procurement / Supply Chain / Business

Tools

MS Excel

Power BI

ERP/Procurement Software

Job description

Role & responsibilities

• Procurement Strategy: Collaborate with the Procurement Manager to develop and execute procurement strategies aligned with company objectives.
• Supplier Management: Identify, evaluate, and manage suppliers to ensure timely and cost-effective procurement of goods and services.
• Contract Negotiation: Negotiate favorable terms and conditions with suppliers, including pricing, delivery schedules, and quality standards.
• Cost Control: Monitor and analyze procurement costs, identifying opportunities for cost reduction and process improvement.
• Quality Assurance: Ensure that all procured products and services meet quality and compliance standards, collaborating with quality control teams as necessary.
• Inventory Management: Maintain optimal inventory levels, coordinating with various departments to forecast demand and avoid overstock or shortages.
• Documentation: Maintain accurate procurement records, including contracts, purchase orders, and supplier communications.
• Reporting: Prepare and present regular reports on procurement activities, supplier performance, and cost savings to management & Key KPI for tracking & improvement.
• Compliance: Ensure compliance with relevant regulations and company policies in all procurement activities.

Preferred candidate profile

1. Education: Bachelor's degree in Procurement, Supply Chain Management, Business, or a related field.
2. Experience: 5-7 years of experience in procurement or a related role, demonstrating increasing responsibility and leadership.
3. Experience of store fitout procurement, Internior, Decor procurement / Purchase.
4. Analytical Skills: Proficiency in data analysis and market research to support informed procurement decisions.
5. Communication: Excellent communication skills, both written and verbal, for effective collaboration with internal teams and external suppliers.
6. Computer Skills: Proficiency in MS Excel & Power BI and familiarity with procurement software or ERP systems, familiarity with Procure to Pay process.