Manager - Procurement

Travelex India Private Limited; Mumbai; On-site; INR 1,500,000 - 2,800,000; Full time

Job summary

Travelex India Private Limited in Mumbai is seeking a Procurement Manager to lead end-to-end sourcing across indirect categories, develop category plans, and manage supplier performance. The role requires strong negotiation skills and stakeholder engagement across time zones.

Candidates should have procurement experience, preferably in a global or multi-site setting, with a data-driven approach and a track record of delivering savings. Knowledge of Oracle P2P is a plus.

Qualifications

• Experience in procurement, ideally in a global or multi-site environment.
• Strong sourcing, vendor management and contract negotiation skills.
• Analytical mindset with data-driven decision making.
• Excellent communication and stakeholder engagement.
• Ability to work independently and across time zones.
• Track record of delivering savings and value.

Responsibilities

• Lead end-to-end strategic sourcing across key indirect categories.
• Develop category plans using market insights and spend analysis.
• Manage supplier performance and build value-based partnerships.
• Negotiate commercial terms with Legal and Risk teams.
• Serve as advisor to stakeholders with procurement expertise.
• Track procurement KPIs: cost savings, supplier performance, risk mitigation.
• Ensure governance and compliance with policies and standards.

Skills

Strategic sourcing

Category management

Supplier management

Contract negotiation

Stakeholder engagement

Performance monitoring

Governance & compliance

Education

Procurement-related qualification

Tools

Oracle P2P

Job description

Job Title: Procurement Manager Job Type: Full Time, Permanent Working location: Mumbai

Key Responsibilities

• Strategic Sourcing: Lead the end-to-end sourcing process across key indirect procurement categories, delivering best-value solutions and long-term supplier relationships.
• Category Management: Develop and implement robust category plans, informed by market insights, spend analysis, and internal business needs.
• Supplier Management: Manage supplier performance, resolve issues, and build strong, value-based partnerships that support business performance and innovation.
• Contract Negotiation: Own the negotiation of commercial terms, working closely with Legal and Risk teams to ensure compliance and protect Travelex’s interests.
• Stakeholder Engagement: Serve as the trusted advisor for stakeholders across the business, providing procurement expertise and strategic guidance.
• Performance Monitoring: Track and report on procurement KPIs, including cost savings, supplier performance, and risk mitigation efforts.
• Governance & Compliance: Ensure all procurement activities align with Travelex policies, regulatory standards, and industry best practices.

What You’ll Bring

• Ideally full or working toward a relevant Procurement related qualification.
• Proven experience in procurement, ideally within a global or multi-site environment.
• Strong background in sourcing, vendor management, and contract negotiation.
• Excellent analytical skills and a data-driven approach to decision-making.
• High-level communication and stakeholder engagement skills.
• The ability to work independently and collaboratively across time zones and cultures.
• Results-oriented with a focus on continuous improvement and value creation.
• Knowledge of Oracle P2P and sourcing solutions, with a track record of driving savings.

Founded in 1976, Travelex has grown to become one of the market leading specialist providers of foreign exchange products, solutions and services, operating across the entire value chain of the foreign exchange industry in more than 20 countries. We have developed a growing network of over 900 ATMs and more than 1,100 stores in the some of the world’s top international airports and in major transport hubs, premium shopping malls, high street locations, supermarkets and city centres. Travelex has built a growing online and mobile foreign exchange platform, and we also process and deliver foreign currency orders for major banks, travel agencies and hotels worldwide. In addition, we source and distribute large quantities of foreign currency banknotes for customers on a wholesale basis - including for central banks and international financial institutions. We also offer a range of remittance and international money transfer products around the world.