Senior Procurement Manager

Confidential; New Delhi; On-site; INR 2,500,000 - 4,500,000; Full time

Job summary

Confidential is seeking a senior procurement leader to architect and drive strategy across procurement, sourcing, and supplier governance. You will build a scalable, centralized function spanning direct and indirect materials, ensuring value, risk management, and process excellence across multi-location operations.

You will negotiate with strategic vendors, lead a data-driven procurement program, and partner with COO, Finance, and Operations to balance cost, quality, and availability while

Qualifications

• 12–18 years of relevant experience in procurement/sourcing.
• Experience leading procurement function across multiple locations.
• Proven track record of delivering measurable cost savings and commercial improvements.
• Strong analytical, negotiation, and stakeholder management skills.

Responsibilities

• Develop and execute the overall procurement strategy aligned with business objectives.
• Build a scalable procurement organisation, processes and governance framework.
• Lead procurement planning across business functions and locations.
• Establish procurement policies, SOPs, approval matrices and compliance mechanisms.
• Drive centralisation and standardisation of procurement where viable.
• Lead strategic sourcing initiatives across key categories and spend areas.
• Negotiate terms, pricing, rebates, and contracts with suppliers.
• Develop spend visibility and benchmarking mechanisms.
• Establish supplier scorecards and performance management.
• Ensure uninterrupted availability of materials and services through proactive planning.
• Lead commercial negotiations and ensure contractual compliance.
• Develop dashboards and analytics to track spend, savings, and supplier performance.
• Collaborate with COO, Finance, Operations, and Technology to align procurement with business needs.

Skills

Strategic sourcing

Vendor management

Negotiation

Data-driven decisions

Stakeholder management

Team leadership

Procurement analytics

Education

MBA/PGDM in Supply Chain

Tools

ERP systems

Spend analytics

Job description

• Develop and execute the overall procurement strategy aligned with business and growth objectives.
• Build a robust and scalable procurement organisation, processes and governance framework.
• Lead procurement planning across business functions and locations.
• Establish procurement policies, SOPs, approval matrices and compliance mechanisms.
• Drive centralisation and standardisation of procurement wherever commercially viable.

2. Strategic Sourcing & Cost Optimisation

• Lead strategic sourcing initiatives across key categories and spend areas.
• Identify opportunities for cost savings, value engineering, alternate sourcing and supplier consolidation.
• Negotiate commercial terms, pricing, payment terms, rebates, contracts and SLAs with suppliers.
• Develop should-cost/benchmarking mechanisms and ensure competitive sourcing.
• Drive annualised savings and procurement-led productivity improvements.
• Develop and maintain a strong and competitive supplier ecosystem.
• Lead vendor identification, evaluation, onboarding, negotiation and performance management.
• Establish supplier scorecards covering cost, quality, service levels, delivery and compliance.
• Develop alternate suppliers and contingency plans for critical categories.
• Manage strategic supplier relationships and resolve major commercial or service escalations.
• Oversee procurement of raw materials, packaging, consumables, merchandise, food ingredients and other business-critical materials, wherever applicable.
• Manage indirect procurement across categories such as services, logistics-related requirements, office/admin requirements, technology-related procurement and other operating expenses.
• Partner with business teams to understand demand and ensure timely availability.

5. Procurement Planning & Supply Continuity

• Work closely with Operations, Supply Chain, Category and Business teams to ensure uninterrupted availability of materials and services.
• Develop procurement plans based on business forecasts, seasonality and demand trends.
• Identify supply risks and proactively develop mitigation plans.
• Improve procurement lead times and supplier fulfilment performance.

6. Contracts & Commercial Governance

• Lead commercial negotiations and ensure appropriate contractual arrangements with strategic vendors.
• Ensure adherence to agreed pricing, payment terms, SLAs and contractual obligations.
• Work closely with Finance and Legal on vendor contracts, commercial terms and risk management.
• Strengthen controls around purchase orders, vendor onboarding and procurement approvals.

7. Data, Analytics & Technology

• Establish procurement dashboards and MIS covering spend, savings, vendor performance, purchase cycle time and compliance.
• Develop spend visibility and category-wise procurement analytics.
• Leverage technology, automation and procurement platforms to improve efficiency and transparency.
• Identify opportunities for process digitisation and AI-led procurement analytics/automation.

8. Cross-Functional Collaboration

• Partner closely with COO, Finance, Operations, Supply Chain, Category, Technology, Marketing and other business teams.
• Act as a strategic business partner rather than a transactional procurement function.
• Ensure procurement decisions balance cost, quality, availability, customer experience and business requirements.

Key Performance Indicators

• Procurement savings and cost optimisation
• Spend under procurement control
• Supplier availability and fulfilment
• Vendor performance and SLA adherence
• Procurement cycle time
• Supplier consolidation and alternate sourcing
• Contract and process compliance
• Procurement process automation and digitisation
• Reduction in supply disruptions and procurement-related escalations

Candidate Profile

• 12–18 years of relevant experience in procurement/sourcing, with significant experience leading a procurement function.
• Strong experience in strategic sourcing, category management, negotiations and vendor management.
• Experience managing both direct and indirect procurement.
• Proven track record of delivering measurable cost savings and commercial improvements.
• Strong understanding of procurement processes, contracts, supplier governance and compliance.
• Experience working in a fast-paced, multi-location and high-volume business environment.
• Strong analytical, negotiation, stakeholder management and leadership skills.
• Ability to build and manage a high-performing procurement team.
• Strong commercial orientation with a data-driven approach to decision-making.

Preferred Experience

Candidates from FMCG, Retail, E-commerce, Food & Beverage, QSR, Hospitality or other consumer-facing, high-volume businesses will be preferred.