SENIOR MANAGER / AGM – PROCUREMENT & STRATEGIC SOURCING

V2 Retail Ltd; Gurugram District; On-site; INR 600,000 - 1,200,000; Full time

Job summary

V2 Retail Ltd. is expanding its procurement leadership team and seeks a Senior Manager / AGM – Procurement & Strategic Sourcing to lead procurement across Merchandise and Non-Merchandise categories.

The role emphasizes building a scalable procurement function, delivering measurable savings, and strengthening vendor partnerships. The candidate should have 10–15 years in procurement/strategic sourcing, strong negotiation skills, and a track record of cost reduction.

Qualifications

• 10–15 years of experience in procurement/strategic sourcing
• 3+ years of team leadership across multi-category portfolios
• Strong experience in direct and/or indirect procurement
• Track record of negotiated savings and lead-time reduction
• Strong vendor network across Indian manufacturing clusters
• Experience in costing, negotiations and vendor development
• Advanced Excel; Power BI exposure is advantageous
• Working knowledge of ERP/P2P systems (SAP MM/Oracle/Ariba/Coupa)

Responsibilities

• Develop and execute procurement strategy across merchandise and non-merchandise categories
• Drive strategic sourcing, category planning, rate contracts and cost optimisation
• Lead high-value commercial negotiations, should-costing, benchmarking and value engineering
• Build, diversify and strengthen vendor network across Indian manufacturing clusters
• Develop alternate/backup vendors for critical categories
• Reduce PO-to-warehouse lead time and improve vendor OTIF performance
• Partner with Buying, Design, Finance and Operations on target costing and margin improvement
• Establish procurement governance including RFQ, e-auction, contracts, DOA and spend analytics
• Drive ERP/P2P discipline and monthly procurement MIS
• Build and lead a strong procurement team aligned with growth and store-opening pipeline

Skills

Procurement leadership

Vendor management

Negotiation skills

Strategic sourcing

Contract management

Education

MBA or Engineering background

CPSM/CIPS

Tools

Power BI

Advanced Excel

SAP MM

Oracle

Ariba

Coupa

Job description

SENIOR MANAGER / AGM – PROCUREMENT & STRATEGIC SOURCING

Experience: 10–15 Years

Function: Procurement & Strategic Sourcing

Employment: Full-time

Reports To: COO / CEO

V2 Retail Ltd. is expanding its procurement leadership team and looking for a strong Senior Manager / AGM – Procurement & Strategic Sourcing to build and drive procurement across Merchandise & Non-Merchandise categories.

This is a high-impact, build-and-grow leadership opportunity for a procurement professional who can deliver measurable savings, strengthen vendor partnerships and build a scalable procurement function.

KEY RESPONSIBILITIES

• Develop and execute procurement strategy across merchandise and non-merchandise categories
• Drive strategic sourcing, category planning, annual rate contracts and cost optimisation
• Lead high-value commercial negotiations, should-costing, benchmarking and value engineering
• Build, develop and diversify the vendor network across key Indian manufacturing clusters
• Develop alternate/backup vendors for critical categories
• Reduce PO-to-warehouse lead time and improve vendor OTIF performance
• Partner with Buying, Design, Finance and Operations on target costing and margin improvement
• Establish procurement governance including RFQ, e-auction, contracts, DOA and spend analytics
• Drive ERP/P2P discipline and monthly procurement MIS
• Build and lead a strong procurement team aligned with V2 Retail’s growth and store-opening pipeline

WHAT WE’RE LOOKING FOR

10–15 years of experience in Procurement / Strategic Sourcing

3+ years of team management or ownership of a multi-category portfolio

Strong experience in direct and/or indirect procurement

Proven track record of negotiated savings and lead-time reduction

Strong vendor network across Indian manufacturing clusters

Expertise in commercial negotiations, costing and vendor development

Advanced Excel; Power BI exposure is an advantage

Working knowledge of SAP MM / Oracle / Ariba / Coupa / equivalent ERP/P2P systems

Strong contract management and vendor governance skills

MBA / Engineering background preferred; CPSM/CIPS is an advantage

Willingness to travel approximately 25% to vendor/manufacturing clusters

PREFERRED INDUSTRIES

Value/Fashion Retail | Hypermarket | Grocery | QSR | E-commerce Private Label | FMCG | Consumer Durables

Experience in apparel, lifestyle or general-merchandise sourcing will be an added advantage.

WHY JOIN V2 RETAIL?

Opportunity to build and lead the procurement function

Clear career path to Head – Procurement within 18–24 months, linked to performance

Direct exposure to the COO/CEO and leadership team

Large-scale procurement environment with ₹2,000+ Cr annual material spend

High-growth retail business with an expanding store network

Performance-linked compensation and bonus