Procurement Manager

Job description

**Title:** Raw materials Procurement **Location** : Bangalore, Work from Office **Kapiva** Kapiva is a modern ayurvedic nutrition brand bringing India's ancient food wisdom to today's consumers — through functional foods and digital wellness experiences designed for real health outcomes. We grew revenue 50% YoY to **₹342 Cr** in **FY25** and are now running at a **₹550 Cr** annual run-rate as we scale toward profitability and an eventual IPO. Our products lead on Amazon, Flipkart, Big Basket & Nykaa, and we're expanding fast offline via Reliance, Nature's Basket, and Noble Plus. Backed by **$75M+** in funding from OrbiMed, Fireside Ventures, Vertex Ventures, 3one4 Capital, Jetty Ventures & Sharp Ventures — and growing our team 43% YoY. **Overview** The scope of this role is to ensure sourcing of Agri-based, Cosmetics, staples and herbal raw materials to ensure competitive cost to company and mitigate risk of supply through proper contracting. **Roles and Responsibilities** **Supplier and Vendor Management:** - Develop and execute strategic sourcing for raw materials( Agri and Non Agri based) - Conduct market research and analysis to identify potential suppliers and negotiate contracts - Build and maintain strong relationships with suppliers to ensure reliable supply, quality and cost leadership - Identify and mitigate risks associated with supply chain disruptions, price volatility, and quality issues. - Resolve supplier issues and manage relationships to ensure compliance with agreements. - To lead contracting with inputs from legal & user departments. **Cost Negotiations:** - Identify cost reduction opportunities and implement savings initiatives. - Manage market cost fluctuations and negotiate for minimization of impact - Send RFQs, take quotations, negotiate, and finalize new product costing - Negotiate and execute short-term supply and price agreements. **Supply Management:** - Initiate material planning against rolling demand plan - Ensure materials are available as per production schedule and business plan **Basic Qualifications** - Minimum 2-4 years of experience in the FMCG/Food industry raw materials sourcing role - Education: BE/B Tech/MBA-Supply Chain/Operations - Strong knowledge of the industry and market conditions - Exceptional interpersonal skills and rapport-building - Able to travel to meet vendors and suppliers as necessary