Senior Procurement Manager

Job Title: Senior Manager – Procurement

Location - Yeshwanthpura

Job Summary

We are seeking an experienced and strategic Senior Manager – Procurement to lead sourcingand procurement activities for Paper, Printing, Plastic, Bags, and Packaging categories. Theincumbent will be responsible for developing sourcing strategies, supplier management, contract negotiations, cost optimization, quality assurance, risk mitigation, and ensuringuninterrupted supply of materials to support business operations. The role requires deepmarket knowledge, strong negotiation capabilities, and expertise in packaging materials

procurement.

Key Responsibilities

Strategic Sourcing & Procurement

Develop and implement category sourcing strategies for paper, printing materials, plastics, bags, flexible packaging, rigid packaging, labels, cartons, corrugated boxes, andallied materials.

Identify and evaluate new suppliers to ensure competitive pricing, quality, innovation, and supply continuity.

Lead RFQs, RFPs, tenders, commercial negotiations, and contract finalization.

Establish long-term procurement plans aligned with business objectives and growthrequirements.

Supplier Management

Build and maintain strategic relationships with domestic and international suppliers.

Conduct supplier performance reviews based on quality, delivery, cost, service, andsustainability parameters.

Develop alternate supplier networks to minimize supply risks and dependency.

Drive supplier development and continuous improvement initiatives.

Cost Optimization & Value Engineering

Achieve annual cost-saving targets through strategic negotiations, vendor consolidation, and sourcing optimization.

Monitor commodity trends and raw material indices impacting paper, polymer, resin, packaging, and printing costs.

Collaborate with internal stakeholders on value engineering and packaging

optimization projects.

Identify opportunities for process improvements and procurement efficiencies.

Commercial & Contract Management

Negotiate pricing, payment terms, contracts, rebates, and service agreements.

Ensure compliance with procurement policies, legal requirements, and companystandards.

Manage contract lifecycle and ensure adherence to negotiated terms.

Cross-Functional Collaboration

Work closely with Manufacturing, Supply Chain, Quality, R&D, Marketing, PackagingDevelopment, and Finance teams.

Support new product development initiatives by sourcing innovative packagingsolutions. Ensure timely availability of materials to meet production and business requirements.

Quality & Compliance

Ensure procured materials meet quality specifications and regulatory requirements.

Collaborate with Quality teams to address supplier quality issues and implement

corrective actions.

Promote sustainable procurement practices and environmentally responsible sourcing.

Market Intelligence & Risk Management

Track industry trends, commodity pricing, technological developments, and supplier

market dynamics.

Develop risk mitigation strategies for supply disruptions, price volatility, andgeopolitical impacts. Maintain business continuity plans for critical material categories.

Team Leadership

Lead, mentor, and develop procurement professionals.

Establish performance metrics and drive a high-performance procurement culture.

Foster collaboration, accountability, and continuous learning within the team.

Key Performance Indicators (KPIs)

Annual procurement savings and cost reduction achievements.

Supplier performance and service levels.

On-time material availability and inventory optimization.

Contract compliance and procurement cycle efficiency.

Supplier diversification and risk mitigation effectiveness.

Quality and sustainability targets.

Qualifications

Bachelor's Degree in Engineering, Packaging Technology, Supply Chain Management, Business Administration, or related field.

MBA / PGDM in Supply Chain, Operations, or Procurement preferred.

Professional certifications such as CPSM, CIPS, CPM, or equivalent are advantageous.

Experience

10-15+ years of procurement experience, with significant expertise in Paper, Printing, Plastic, Bags, Flexible Packaging, Rigid Packaging, Corrugated Packaging, andPackaging Materials.

Proven experience in strategic sourcing, contract negotiation, supplier development, andcost management.

Experience working with FMCG, Retail, Packaging, Manufacturing, Consumer Products, E-commerce, or related industries preferred.

Required Competencies

Category Management

Strategic Sourcing

Supplier Relationship Management

Contract Negotiation

Cost Analysis & Cost Reduction

Procurement Analytics

Supply Risk Management Packaging Material Expertise

Leadership & Team Management Stakeholder Management

ERP/SAP Procurement Systems

Advanced Excel and Data Analysis

Personal Attributes

Strong commercial acumen and negotiation skills.

Analytical and data-driven decision-maker.

Excellent communication and stakeholder management capabilities.

High integrity and accountability.

Results-oriented with a continuous improvement mindset.