Assistant Procurement Manager

Role Title- Asst. 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