Deputy Manager -Commercial

Luminedge Advisory; Mumbai; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Luminedge Advisory in Mumbai seeks a procurement professional to identify, onboard, and manage vendors, negotiate terms, and drive cost savings. You will prepare POs, evaluate vendor performance, and collaborate with internal stakeholders to ensure timely deliveries while maintaining compliance and accurate documentation.

The role requires strong commercial and financial understanding, proficiency with MS Excel and ERP/Procurement systems, and excellent communication and stakeholder management

Qualifications

• Knowledge of procurement processes, purchase orders, and contract management.
• Excellent commercial and financial understanding.
• Strong analytical and cost evaluation skills.

Responsibilities

• Identify, evaluate, onboard, and manage vendors.
• Negotiate prices, payment terms, contracts, and service agreements to achieve cost savings.
• Prepare and process Purchase Orders (POs) and ensure timely procurement.
• Conduct vendor performance evaluations and maintain long-term supplier relationships.
• Compare quotations, perform cost analysis, and recommend the best sourcing options.
• Coordinate with internal stakeholders to understand procurement requirements and ensure timely deliveries.
• Ensure compliance with procurement policies, contracts, and commercial documentation.
• Track procurement budgets and identify opportunities for cost optimization.
• Resolve vendor-related issues concerning quality, pricing, and delivery schedules.
• Maintain procurement records, vendor databases, and commercial documentation

Skills

Commercial understanding

Financial understanding

Procurement processes

Purchase orders

Contract management

Analytical skills

Cost evaluation

MS Excel

ERP/Procurement systems

Communication

Stakeholder management

Tally

Tools

MS Excel

ERP/Procurement systems

Tally

Job description

Roles & Resonsiblities

• Identify, evaluate, onboard, and manage vendors.
• Negotiate prices, payment terms, contracts, and service agreements to achieve cost savings.
• Prepare and process Purchase Orders (POs) and ensure timely procurement.
• Conduct vendor performance evaluations and maintain long-term supplier relationships.
• Compare quotations, perform cost analysis, and recommend the best sourcing options.
• Coordinate with internal stakeholders to understand procurement requirements and ensure timely deliveries.
• Ensure compliance with procurement policies, contracts, and commercial documentation.
• Track procurement budgets and identify opportunities for cost optimization.
• Resolve vendor-related issues concerning quality, pricing, and delivery schedules.
• Maintain procurement records, vendor databases, and commercial documentation

Preferred candidate profile

• Excellent commercial and financial understanding.
• Knowledge of procurement processes, purchase orders, and contract management.
• Strong analytical and cost evaluation skills.
• Proficiency in MS Excel and ERP/Procurement systems.
• Excellent communication and stakeholder management skills.
• Must be proficient in Tally