Procurement Manager

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Procurement Manager

Beco – Mumbai, India

To apply for this job, please find the formal link here.

ROLE
– Source, evaluate, and onboard domestic vendors across procurement categories.
– Lead sourcing for new product launches, including supplier identification, sampling, trials, and technical approvals.
– Negotiate pricing, MOQs, lead times, payment terms, and contracts to optimize costs and working capital.
– Manage day-to-day procurement operations including PO creation, order tracking, delivery follow-ups, and issue resolution.
– Partner with Product, Quality, Operations, Finance, and Demand Planning teams to align specifications, forecasts, and timelines.
– Ensure suppliers and materials meet quality, regulatory, and sustainability standards.
– Drive cost reduction and margin improvement initiatives through value engineering, alternate sourcing, and process optimization.
– Monitor inventory levels and support demand planning to prevent stock-outs, excess inventory, and obsolescence.
– Track supplier performance using KPIs related to cost, quality, delivery, and service levels.
– Identify and mitigate supply chain risks, including dependency on single suppliers and geopolitical/logistics disruptions.
– Support budgeting, forecasting, and spend analysis for procurement categories.
– Build and maintain strong long-term supplier relationships and conduct periodic supplier reviews.
– Implement procurement best practices, documentation, and SOPs to improve efficiency and governance.

REQUIREMENTS
– 4+ years of experience in procurement or sourcing, preferably in FMCG, D2C, or consumer brands.
– Strong understanding of procurement processes, vendor management, and supply chain fundamentals.
– Experience supporting sourcing for new product launches and scale-up environments.
– Proven negotiation, contracting, and commercial acumen.
– Ability to manage multiple SKUs, vendors, and tight timelines.
– Strong stakeholder management, coordination, and follow-up skills.
– Analytical mindset with experience in cost breakdowns, should-cost models, and spend analysis.
– Comfortable working in a high-growth, fast-paced startup environment.
– Exposure to sustainable or responsible sourcing practices.
– Experience working with manufacturers, co-packers, and contract manufacturers.
– Understanding of regulatory, compliance, and audit requirements for consumer products.

BENEFITS
– High ownership and visibility in a rapidly growing brand.
– Opportunity to work in a purpose-driven, sustainability-focused organization.
– Fast-paced environment with strong learning and career growth opportunities.