Senior Manager - Planning & Procurement

Department Icon Operations Maintenance & Support
Posted: 5 months ago
9-12 years
Gurgaon/Gurugram
Operations Maintenance & Support
work from office
Full Time

Posted: 5 months ago
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Job Description

We are seeking a dynamic and detail-driven Senior Manager - Planning & Procurement to lead the integrated business planning and sourcing function. This role will be responsible for driving demand-supply alignment, cost optimization, vendor performance, and inventory efficiency across raw materials, packaging materials, and finished goods. The position plays a critical role in ensuring high customer service levels (COF > 95%), optimal inventory (DOH targets), and consistent material availability to support production and growth plans.

Key Responsibilities:

1. Demand & Supply Planning:

  • Lead the monthly S&OP cycle with Sales, Operations, and Finance to deliver accurate forecasts and executable supply plans.
  • Review forecast accuracy and bias at channel, SKU, and category levels, driving continuous improvement.
  • Translate demand into production and material replenishment requirements to prevent stockouts and maintain healthy inventory levels.
  • Develop and monitor KPIs such as Forecast Accuracy, DOH, COF, and aging (>70% shelf life).

2. Procurement & Cost Optimization:

  • Oversee procurement of raw materials and packaging materials across all categories and co-manufacturers.
  • Develop category-wise sourcing strategies ensuring cost competitiveness, quality standards, and reliable supply.
  • Drive annual cost-saving initiatives through negotiations, vendor development, and long-term contracts.
  • Evaluate vendor performance on OTIF, quality rejections, and payment/credit adherence.
  • Collaborate with Finance for timely GRNs, reconciliations, and working capital optimization.

3. Cross-Functional Collaboration:

  • Work with NPD and Quality teams for timely BOM finalization, SKU onboarding, and specification alignment.
  • Coordinate with Operations and Warehousing on inbound logistics, safety stock norms, and supplier service levels.
  • Liaise with co-manufacturers, 3PLs, and external partners to ensure timely dispatches and supply continuity.

4. Process Excellence & Governance:

  • Build and institutionalize Planning & Procurement SOPs, governance structures, and review mechanisms.
  • Implement tools for demand sensing, purchase automation, supplier dashboards, and system-driven planning.
  • Lead RCA and CAPA for deviations such as OOS, MOQ challenges, or cost overruns.
  • Ensure alignment with organizational cost governance and margin improvement objectives.

5. People Leadership:

  • Manage and mentor the Demand Planner and Procurement Manager, fostering a culture of ownership, discipline, and collaboration.
  • Build capability in planning, negotiation, and analytics through structured training and development.
  • Lead cross-functional reviews with transparency and data-driven decision-making.

What You'll Bring:

  • 09-12 years of experience in planning, procurement, or supply chain leadership roles (preferably FMCG, food manufacturing, or D2C).
  • Strong understanding of S&OP, demand forecasting, and material planning across multi-category portfolios.
  • Demonstrated success in strategic sourcing, vendor development, and procurement cost optimization.
  • Advanced proficiency in Excel/Google Sheets and ERP systems (SAP/Zoho/Tally or equivalent).
  • Strong stakeholder management and collaboration skills across Sales, Finance, NPD, Operations, and Manufacturing.
  • High ownership mindset, ability to handle ambiguity, and strong execution capability in fast-paced environments.
  • Excellent analytical, negotiation, and problem-solving skills with a long-term value creation outlook.

Nice to Have:

  • Experience implementing or optimizing ERP or planning systems (SAP, NetSuite, Dynamics).
  • Exposure to co-manufacturing setups and multi-plant supply networks.
  • Knowledge of CM1 drivers, BOM cost structures, and cost governance frameworks.
  • Experience working closely with senior leadership (CXOs/founders).
  • Understanding of export supply chains and packaging procurement.
  • Certifications such as Lean Six Sigma, APICS, or Supply Chain Analytics.

Skills

OperationsProcurementCustomer ServiceLogisticsSupply PlanningVendor DevelopmentSupply ChainProductionInventory

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