Lead - Procurement - FMCG

Department Icon Operations Maintenance & Support
Posted: 1 month ago
8-12 years
Mumbai
Operations Maintenance & Support
work from office
Full Time
Closes 10 Nov 2026

Posted: 1 month ago
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Job Description

Role Overview:

As Lead - Procurement, you will own the economic intelligence and cost structure of the business - from forecasting and budgeting to raw-material strategy, CAPEX decisions, and supplier ecosystems. Your mandate is to ensure every procurement decision strengthens margins, continuity, and scale-readiness.

You will operate at the intersection of data, market insight, and negotiation power - building procurement as a strategic weapon, not a support function.

Key Responsibilities:

  • Own procurement-led forecast planning in line with sales, launches, and seasonality.
  • Translate demand forecasts into raw material and packaging procurement plans.
  • Anticipate demand spikes and prevent stock-outs or over-buying.
  • Build and own annual procurement budgets across ingredients, packaging, and indirects.
  • Track budget vs actuals and drive cost discipline throughout the year.
  • Lead procurement for CAPEX investments - machinery, tooling, moulds, automation, and infra.
  • Evaluate ROI, vendor capability, lifecycle cost, and scalability.
  • Lead high-stakes negotiations with key suppliers and partners.
  • Develop deep insider understanding of crop cycles, seasonality, yield trends, and commodity markets.
  • Track price movements and implement dynamic pricing and forward-buying strategies.
  • Identify, evaluate, and onboard new suppliers and alternates.
  • Build a multi-vendor, de-risked sourcing ecosystem.
  • Ensure procurement decisions meet quality, food safety, and regulatory standards.
  • Strengthen procurement systems, ERP integration, and approval workflows.

What We're Looking For:

  • 8 - 12 years of experience in Procurement / Strategic Sourcing.
  • Strong FMCG / Food / Agri / Consumer Products background.
  • Proven exposure to crop-linked raw materials and commodity pricing.
  • Experience handling CAPEX procurement and vendor negotiations.
  • Strong commercial acumen with analytical depth.

Skills

ProcurementSourcingProcurement

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