Senior Procurement Specialist

Job Title: Procurement Sr. Executive / Asst. Manager FMCG

Department: Supply Chain / Procurement

Location: [Bangalore, Jigani]

Job Purpose

To manage sourcing, purchasing, and vendor relationships for raw materials, packaging, and indirect materials to ensure uninterrupted supply, cost efficiency, quality compliance, and alignment with FMCG business requirements.

Key Responsibilities

Procurement & Sourcing

Source and procure raw materials, packaging materials, and consumables as per production and business requirements.

Identify, evaluate, and onboard reliable suppliers in line with company standards.

Negotiate prices, contracts, payment terms, and delivery schedules to achieve cost optimization.

Ensure timely placement of Purchase Orders (POs) and follow-up for deliveries.

Vendor Management

Develop and maintain strong relationships with existing and new suppliers.

Conduct regular supplier performance evaluations (quality, cost, delivery, service).

Resolve supply-related issues including shortages, quality concerns, and delays.

Cost & Inventory Management

Monitor market trends, commodity prices, and availability to minimize procurement risks.

Support cost-reduction initiatives without compromising quality.

Coordinate with planning and warehouse teams to maintain optimal inventory levels.

Quality & Compliance

Ensure materials meet required quality standards and regulatory compliance (FSSAI / GMP / ISO, as applicable).

Work closely with QA/QC teams for vendor audits and material approvals.

Ensure adherence to company procurement policies and SOPs.

Coordination & Reporting

Collaborate with Production, Planning, Finance, and Logistics teams.

Prepare procurement MIS reports, vendor comparisons, and cost analysis.

Support audits and documentation requirements.

Key Skills & Competencies

Strong negotiation and vendor management skills

Knowledge of FMCG raw materials & packaging sourcing

Understanding of supply chain and inventory management

Analytical and cost optimization skills

Good communication and stakeholder management skills

Ability to perform cost analysis of products

Experience with importing items

should have knowledge of engineering spares

Qualification & Experience

Bachelors degree

Experience: 4-6 Years Sr. Executive or Asst. Manager