Sourcing Manager

Banyan Nation; Hyderabad; Remote; INR 1,200,000 - 1,800,000; Full time

Job summary

Banyan Nation, headquartered in Hyderabad, is a leading plastic recycler driving a circular economy. The Sourcing Manager will lead end-to-end material sourcing across Pharma, FMCG, Retail, Beverage, Automotive, and more, driving tenders and market intelligence to secure high-quality materials on favorable terms.

Collaborate with operations, quality, legal, logistics, and finance to ensure compliance and optimize landed costs.

Qualifications

• Bachelor's degree in business administration, supply chain, engineering or related field.
• 3–6 years in commercial sourcing, procurement, or supply chain—preferably PCR/PIR plastic materials.
• Experience across multiple sectors with tender management is a plus.

Responsibilities

• Develop and execute sourcing roadmaps for PCR/PIR materials across industries.
• Prepare and manage RFIs, RFQs, RFPs and end-to-end bidding processes.
• Negotiate PCR/PIR material prices, terms, and contract conditions with suppliers.
• Monitor supplier performance, quality, and delivery timelines; manage risk.
• Coordinate with QC and Production to ensure material meets Banyan Nation standards.
• Conduct market intelligence and price benchmarking to optimize costs.

Skills

Negotiation

Analytical skills

Stakeholder mgmt

Tender management

EPR knowledge

Quality standards

Communication

Problem solving

Organizational skills

Education

Bachelor's degree in Business Administration / Supply Chain / Engineering

Job description

No. of. Openings: East - 1, West - 1, North - 1, South - 1, Central - 1

Employment Type: Full-time

Banyan Nation is India's most trusted plastic recycler, recognized for pioneering a circular economy for plastics. Headquartered in Hyderabad, we are a leading player in the FMCG bottle-to-bottle recycling industry. In the last three years alone, we have enabled the manufacturing of over 2 billion sustainable bottles.

We believe in ethical sourcing and ensuring that every bottle we recycle is traceable for years. Additionally, our integration of 10000+ informal PCR/PIR material collectors into formal value chains reflects our commitment to social responsibility.

Position Overview:

The Sourcing Manager will lead end-to-end material sourcing activities across multiple industries (Pharma, FMCG, Retail, Beverage, Automotive, Paper & Stationery). Will close deals, drive tenders, and develop market intelligence to optimize procurement strategies, ensuring BanyanNation secures high-quality materials under favorable commercial terms and industry compliance.

Key Responsibilities:

• Strategic PCR/PIR plastic material Sourcing & Category Management - Develop and execute sourcing roadmaps for industrial PCR/PIR plastic material across multiple sectors. Segment supplier categories, forecast requirements and diversify supply base for resilience.
• Tender Management & RFx Execution - Prepare and manage RFIs, RFQs, RFPs. Coordinate end-to-end bidding: document preparation, market release, evaluation, negotiation and contract-award processes. Ensure transparency, compliance and competitive margin realization.
• Commercial Negotiation & Deal Closure - Engage with suppliers - industrials, recyclers and sourcing partners to negotiate PCR/PIR plastic material price, terms, ratings, logistics, and payment clauses. Ensure approval of commercial contracts that align with our organization. Category-level P&L accountability - driving sourcing strategies that deliver commercial performance in line with Banyan Nation's financial and sustainability goals.
• Market Intelligence & Price Benchmarking - Continuously gather data on PCR/PIR plastic material price movements, sector-specific benchmarks, global supply-demand trends. Share intelligence to guide sourcing strategy and risk mitigation.
• Supplier & Stakeholder Management - Build strong relationships with Recyclable resource networks, Sourcing Partners, and institutional buyers. Liaise internally with operations, quality, legal, logistics, and finance teams to drive alignment and execution.
• Contract Performance & Risk Management - Monitor supplier performance (quality, delivery timelines, Exception Management & Dispute Resolution). Implement corrective actions. Manage tender compliance, supplier audits, and mitigation of supply chain disruptions.
• Bid Evaluation & Cost Analysis - Support bid committees with comprehensive evaluation: technical comparisons, price scoring, total cost-of-ownership assessments.
• Conduct supplier due diligence to ensure ethical sourcing practices, compliance with environmental norms, and adherence to anti-bribery standards.
• Be eager to use BN digital tools to drive transparency, track procurement KPIs, and enable data-driven decisions.
• Continuously optimize landed cost of RM by balancing price, logistics, payment terms & working capital projections.
• Work closely with QC and Production teams to ensure sourced material meets Banyan Nation's stringent quality, impurity, and processing standards.

Qualifications & Experience:

• Any bachelor's degree (preferred business administration, Supply Chain, Engineering, or related field).
• 3-6 years in commercial sourcing, procurement, or supply chain -preferably in PCR/PIR plastic materials or industrial recycling.

Preferred Skills & Knowledge:

• Industry Knowledge: Exposure to pharma, FMCG, retail, beverages, automotive, paper & stationery recyclable material streams.
• Tender Expertise: Proven ability to manage full tender cycles. Should have strong knowledge and hands-on experience in tender management, including preparation, submission, and execution of tenders across sectors like pharma, FMCG, retail, beverage, automobile, and public sector enterprises. Must be capable of independently managing end-to-end tendering processes, ensuring compliance and competitiveness.
• EPR: Must have sound understanding of Extended Producer Responsibility (EPR) frameworks and compliance requirements related to PCR/PIR plastic management. Should be capable of supporting sourcing strategies aligned with sustainability goals and regulatory mandates, and effectively engaging on brands and stakeholders for EPR-related material procurement and documentation.
• Technical knowledge: Understanding of PCR/PIR plastic material grades, quality parameters, impurity standards.

Required Skill Set:

• Negotiation: Strong commercial acumen with demonstrated success in high-volume/materials-based deal closure.
• Analytical Skills: Data-driven sourcing and market intelligence capabilities.
• Stakeholder Management: Ability to collaborate across multiple internal and external stakeholders.
• Negotiation & Influencing: Resolute, results-driven, capable of closing large-volume deals.
• Analytical Thinking: Comfortable with complex data, cost breakdowns, and market trends.
• Communication: Clear, confident, and persuasive, both verbally and in writing.
• Problem Solving: Agile mindset to resolve supplier issues, logistics bottlenecks, and contract disputes.
• Organization: Managing multiple tenders, deadlines, and documentation simultaneously.