11 Nov
|
Indfrag Biosciences
|
India
11 Nov
Indfrag Biosciences
India
We are urgently looking for a dynamic, commercially driven and strategically oriented Procurement Manager to lead the complete procurement and sourcing function at Indfrag Biosciences. The candidate will be responsible for strategic sourcing, domestic and international procurement, supplier development, cost optimisation, inventory management and ensuring uninterrupted availability of all materials required for manufacturing operations.
Key Responsibilities – 15 Core Deliverables
1. End-to-End Procurement Leadership: Lead procurement of botanical raw materials, herbs, chemicals, solvents, packaging materials, engineering spares, equipment and all other organisational requirements.
2. Strategic Cost Optimisation: Identify, develop and execute innovative cost-saving initiatives across procurement categories, delivering measurable savings without compromising quality.
3. Global Sourcing & International Procurement: Develop international sourcing channels, identify global suppliers and independently manage overseas supplier communication, negotiations and procurement.
4. Seasonal & Commodity Sourcing: Strategically procure botanical raw materials and chemicals during favourable seasons and market conditions to maximise cost advantages.
5. Industrial Fuel Management: Ensure uninterrupted and cost-effective procurement of firewood, briquettes and other approved biomass fuels for boiler operations.
6. Supplier Development & Strategic Partnerships: Identify, evaluate, qualify and develop reliable suppliers, building long-term strategic partnerships with domestic and international vendors.
7. Commercial Negotiations & Contract Management: Negotiate the best prices, quality specifications, credit periods, payment terms and delivery schedules. Finalise annual rate contracts and long-term supply agreements.
8. Purchase-to-Pay Excellence: Own and streamline the complete P2P cycle, including purchase requisitions, RFQs/RFPs, purchase orders, goods receipt, invoice verification and payment coordination.
9.
Inventory & Working Capital Optimisation: Establish optimum inventory levels, improve inventory turnover, minimise excess and obsolete stock, and reduce working capital blockage.
10. Zero Stock-Out Strategy: Ensure uninterrupted availability of all critical materials through effective forecasting, procurement planning, safety stock management and alternate supplier development.
11. Supplier Quality & Compliance: Coordinate supplier audits, quality assessments and material inspections with the Quality Department. Ensure all procured materials meet company specifications.
12. Cross-Functional Business Collaboration: Work closely with Production, R&D;, Quality, Engineering, Maintenance, Stores and Finance teams to consolidate requirements and improve procurement efficiency.
13. Procurement of Capital Equipment: Plan and execute procurement of machinery, equipment and engineering materials, ensuring technical suitability, competitive pricing and on-time delivery.
14. MIS, Analytics & Management Dashboard: Develop comprehensive procurement dashboards covering expenditure, cost savings, inventory, supplier performance, pending orders, material availability and budget versus actuals. Present regular reports directly to the Managing Director.
15. Sustainable Procurement & Process Excellence: Implement responsible sourcing practices, optimise logistics and procurement processes, and continuously identify opportunities to improve productivity, profitability and supply-chain resilience.
Candidate Profile
- 7+ years of experience in procurement and strategic sourcing, preferably in botanical extracts, pharmaceuticals,
nutraceuticals, food ingredients or chemical manufacturing.
- Strong exposure to international procurement and global supplier management.
- Excellent English communication skills, both written and verbal.
- Proven negotiation skills and a demonstrated track record of achieving procurement cost savings.
- Practical experience in sourcing agricultural raw materials, chemicals, firewood and briquettes.
- Robust knowledge of inventory management, supplier contracts, RFx and P2P processes.
- Proficiency in MS Excel, ERP systems and procurement analytics.
- High ownership, integrity, commercial awareness and decision-making ability.
What Success Looks Like in This Role
- Measurable reduction in overall procurement costs.
- Zero avoidable production interruptions due to material shortages.
- Strong domestic and international supplier network.
- Improved inventory turnover and working capital utilisation.
- Consistent quality and timely delivery of procured materials.
- Transparent procurement processes and effective management reporting.
The ideal candidate will be a strategic procurement leader, not merely a purchase-order administrator, with the ability to directly contribute to the company's profitability, operational efficiency and long-term growth.
Pay: ₹600,000.00 - ₹1,000,000.00 per year
Benefits:
- Health insurance
- Leave encashment
- Provident Fund
Application Question(s):
- What is your current salary?(must be answered for further consideration)
- What is your minimum expected salary?(must be answered for further consideration)
- Can you join us immediate? if not what would be your minimum notice period?(must be answered for further consideration)
- Do you know the language of Karnataka and Tamil Nādu?
- Do you have strong background of procurement / supply chain / purchase from the manufacturing entity? (must be answered for further consideration)
Work Location: In person
📌 Procurement Manager (India)
🏢 Indfrag Biosciences
📍 India