Assistant Procurement Manager

Job description

**Role Title- A**sst. Manager - Procurement **Role Summary-** Own end-to-end sourcing and procurement of non-medical goods and services from supplier identification through contracting, PO execution, and vendor performance management while driving cost savings, compliance, and process discipline across assigned categories. **Working with-** Lead Sourcing **What the role entails Key accountabilities/ responsibilities** Indirect Sourcing - Saving - Spent management - Controls & Audits - Supplier & Stakeholder management **Key Responsibilities** - **Supplier Sourcing & Selection:** Identify, evaluate and onboard suppliers for non-technical goods and services; assess proposals on cost, quality, delivery and reliability; negotiate contracts, pricing and terms. - **Purchase Requisition to Purchase Order:** Review purchase requisitions, validate specifications, decide sourcing strategy, generate and track purchase orders, and ensure timely delivery own the PR-to-PO cycle and its turnaround time (TAT). - **Sourcing Events:** Float RFQs/RFPs and run reverse auctions (RA) for eligible spend categories. - **Rate Benchmarking & Contracts:** Benchmark prevailing market rates against finalized pricing; maintain rate cards/agreements for repeat purchases; review, negotiate and renew contracts in line with legal and regulatory requirements. - **Cost Optimization:** Identify and execute cost-saving initiatives; target minimum 10% savings on overall managed spend annually. - **Vendor Management & Performance:** Manage vendor relationships, conduct quarterly performance reviews and assessments, resolve escalations, and ensure contractual compliance. - **Category Spend Management:** Own budget tracking and spend visibility across assigned procurement categories. - **Stakeholder Engagement:** Hold regular reviews with internal users/business partners and vendors; represent procurement in cross-functional discussions. - **Compliance & Audit:** Support internal and external audits; ensure vendor statutory compliance (PF/ESI, labour law, etc. where applicable) for services such as manpower, housekeeping and security; drive closure of audit findings. - **Process Improvement:** Drive adoption of procurement best practices and continuous process improvements across the category. **What We Are Looking For** - **Systems & Tools:** Working knowledge of an ERP/procurement platform (SAP/Oracle/Ariba or similar) and advanced MS Excel. - **Skills:** Strong negotiation, vendor management, analytical and stakeholder management skills; comfortable owning multiple categories and deadlines independently. **Key Performance Indicators** - Savings achieved against target (10% of managed spend). - PR-to-PO turnaround time against agreed SLA. - Vendor SLA / performance compliance rate. - Audit findings closed on time; zero critical non-compliance. - On-time contract renewals and rate card refreshes. **Role Demands (travel)-**10% **Location-**Worli - Mumbai