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Deputy General Manager

API Holdings

8 - 16 years

Mumbai

Posted: 11/08/2025

Job Description

Location: Mumbai

Department: Procurement

Job Type: Permanent

Reporting to: Senior General Manager

About the team and role:

As a Senior In-stock Manager in the Procurement department, you will lead strategic initiatives to

ensure optimal inventory availability, accurate demand forecasting, and efficient procurement

operations. The role requires a deep understanding of supply chain dynamics, cross-functional

collaboration, and data-driven decision-making to meet business goals related to sales, inventory

health, and service levels.

Key responsibilities:

 Demand Planning & Forecasting:

Develop and refine demand forecasting models using historical data, market trends, and

seasonal factors.

Integrate predictive analytics and new algorithms to improve forecast accuracy and reduce

order deletions.

Collaborate with category and sales teams to align on demand signals and new product

introductions.

 Inventory Management:

Own the inventory strategy for 50K+ SKUs across B2B and B2C channels, ensuring optimal

stock levels and minimizing DOH.

Drive initiatives to improve key availability metrics like Order Fill Rate and SKU Buyability.

Manage excess inventory by analyzing aging stock and implementing lifecycle strategies.

 Procurement Operations:

Lead procurement planning for high-value and high-volume SKUs, including inter-warehouse

SKU transfers.

Collaborate with suppliers and internal stakeholders to enhance vendor fill rates and Just-in-

Time (JIT) inventory practices.

Support new warehouse launches with tailored assortments based on regional and cohort-level

demand.


 Team Leadership & Collaboration:

Lead and mentor a cross-functional team to deliver against procurement KPIs and operational

targets.

Coordinate with category managers, warehouse operations, logistics, and finance to ensure

seamless procurement operations.

 Process Innovation & Strategy:

Spearhead automation and digital initiatives to streamline procurement workflows.

Continuously monitor and optimize the SKU fulfillment score, Buyability metrics, and

repurchase models.

Implement catalog improvements and integrate demand sensitivity models to support business

expansion and profitability


Must haves:

 Strong expertise in demand planning, forecasting models, and inventory optimization

 Deep understanding of procurement operations, supplier management, and replenishment

strategy

 Proficient in working with large datasets and tools such as Excel, SQL, or BI tools

 Strategic mindset with hands-on experience in leading cross-functional teams

 Experience with warehouse assortment planning and inter-DC transfers

 Strong analytical and decision-making skills

 Excellent stakeholder management and communication abilities


Good to have:

 Prior experience in eCommerce, FMCG, or Retail environments

 Hands-on experience managing procurement or inventory planning for multi-SKU portfolios

 Proven track record in driving fill rate improvements, DOH reduction, and forecast accuracy

About Company

API Holdings is the parent company of PharmEasy, a leading healthcare technology platform in India that provides affordable access to medicines, diagnostic tests, and telemedicine services. API Holdings aims to simplify healthcare services and make them accessible to a wider population.

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