Assistant Procurement Manager

Lenskart; Bhiwadi; On-site; INR 800,000 - 1,200,000; Full time

Job summary

Lenskart is seeking an Assistant Manager - Procurement in India to collaborate with the Procurement Manager on strategy and supplier management. You will negotiate terms, control costs, ensure quality, and maintain procurement records while coordinating inventory with multiple departments.

The role requires 3–5 years in procurement, strong negotiation, analytical and communication skills, and proficiency in MS Office and ERP systems.

Qualifications

• Bachelor's degree in procurement, supply chain, business, or related field.
• 3–5 years' procurement or related experience.
• Experience in supplier evaluation, selection, and relationship management.
• Strong negotiation to secure advantageous terms.
• Analytical skills and market research to support decisions.
• Excellent written and verbal communication.
• MS Office proficiency and familiarity with procurement software or ERP.
• Strong organizational and time-management abilities.
• Problem-solving and quick decision-making.
• Adaptability to changing business needs.

Responsibilities

• Develop and execute procurement strategies with the Procurement Manager.
• Identify, evaluate, and manage suppliers for timely, cost-effective procurement.
• Negotiate favorable terms with suppliers, including pricing and delivery.
• Monitor and analyze procurement costs for savings opportunities.
• Ensure quality and compliance of procured goods/services.
• Maintain optimal inventory levels in coordination with departments.
• Maintain contracts, purchase orders, and supplier communications.
• Prepare reports on procurement activities, supplier performance, and savings.
• Ensure compliance with regulations and company policies.

Skills

Supplier management

Negotiation

Analytical skills

Communication

Computer skills

Organizational skills

Problem solving

Adaptability

Education

Bachelor's degree in Procurement, Supply Chain Management, Business, or related field

Tools

ERP systems

Procurement software

Job description

Assistant Manager - Procurement

Roles & Responsibilities:

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

Qualification

1. Education: Bachelor's degree in Procurement, Supply Chain Management, Business, or a related field.
2. Experience: 3-5 years of experience in procurement or a related role, demonstrating increasing responsibility and leadership.
3. Supplier Management: Proven experience in supplier evaluation, selection, and relationship management.
4. Negotiation Skills: Strong negotiation skills with the ability to secure advantageous terms and agreements.
5. Analytical Skills: Proficiency in data analysis and market research to support informed procurement decisions.
6. Communication: Excellent communication skills, both written and verbal, for effective collaboration with internal teams and external suppliers.
7. Computer Skills: Proficiency in MS Office Suite and familiarity with procurement software or ERP systems.
8. Organizational Skills: Strong organizational and time-management abilities to handle multiple tasks and deadlines.
9. Problem Solving: Strong problem-solving capabilities and the ability to make quick decisions when necessary.
10. Adaptability: Flexibility to adapt to changing business needs and market conditions.