Senior Procurement Manager (Mumbai)

Senior Procurement Manager (Mumbai)

23 Oct
|
ManipalCigna Health Insurance Company
|
Mumbai

23 Oct

ManipalCigna Health Insurance Company

Mumbai

Role Purpose The Senior Manager – Non-IT Procurement will be responsible for managing end-to-end sourcing and procurement across key business functions. The role requires strong commercial acumen, strategic sourcing capability, stakeholder management, vendor governance, negotiation expertise, and proven experience in leading a procurement team.

Key Responsibilities

- Lead end-to-end Non-IT procurement, from requirement assessment and sourcing strategy through RFP/RFQ, commercial negotiation, vendor finalization, contracting, PO issuance, and performance management.
- Should have expertise knowledge in implementing & handling Oracle Fusion P2P (ERP)
- Manage NON-IT procurement requirements extendively
- Develop category-wise sourcing strategies focusing on cost optimization, service quality, supplier consolidation, and risk mitigation.
- Drive competitive sourcing through RFP/RFQ processes, bid evaluation, commercial benchmarking, negotiation, and total-cost analysis.
- Partner closely with senior business stakeholders and functional heads to understand requirements, challenge specifications where appropriate, and develop effective sourcing solutions.
- Lead high-value commercial negotiations and deliver measurable cost savings, cost avoidance, and commercial value.
- Manage supplier selection, onboarding, contracts, renewals, performance reviews, and supplier relationship management.
- Establish solid procurement governance covering competitive bidding, approval matrices, procurement deviations, audit documentation, and policy compliance.
- Manage and mentor the Non-IT procurement team, including work allocation, capability development, performance monitoring, and stakeholder alignment.
- Develop and present procurement MIS covering spend, savings, sourcing pipeline, contract renewals, supplier performance, and procurement SLA/KPIs to senior management.
- Outsourcing / Managed Services:



Should have strong experience in sourcing and managing outsourced services, including manpower outsourcing, facility/admin services, call centre operations, HR services, marketing agencies, and other third-party service providers.
- Procurement SteerCo: Should have experience managing the Procurement Steering Committee (SteerCo) process, including preparation and presentation of commercial proposals, negotiation outcomes, vendor comparisons, savings/business cases, deviations, and recommendations for management approval.

Candidate Profile

- 12–15 years of relevant procurement experience, with significant exposure to Non-IT categories.
- Minimum 4–6 years of team-management experience preferred.
- Demonstrated experience managing multiple categories such as Admin, HR, Operations, Call Centre, MICE, Marketing, and Sales-related procurement.
- Strong experience in strategic sourcing, category management, contract negotiation, vendor management, and procurement governance.
- Excellent stakeholder management skills, with the ability to engage senior leadership and business/function heads.
- Strong commercial and analytical capabilities, including cost benchmarking, spend analysis, TCO evaluation, and negotiation strategy.
- Ability to manage large and complex RFPs and simultaneous sourcing projects within defined timelines.
- Strong understanding of procurement controls, compliance requirements, delegation/approval matrices, and audit processes.

Education & Preferred Qualifications

- Graduate degree from a recognized institution.
- MBA/PGDM in Supply Chain, Operations, Finance, or related discipline preferred.
- Professional certifications such as CIPS, ISM CPSM, or equivalent procurement/supply-chain certification would be an advantage.

Key Competencies

Strategic Sourcing | Category Management | Commercial Negotiation | Stakeholder Management | Team Leadership | Vendor Management | Contract Management | Cost Optimization | Procurement Governance | RFP/RFQ Management | Spend Analysis | Supplier Performance Management

📌 Senior Procurement Manager (Mumbai)
🏢 ManipalCigna Health Insurance Company
📍 Mumbai

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