The Role:

This is not just a sourcing role.

This is a commercial control role.

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 & KRAs-

1. Forecast Planning & Demand Alignment:

- 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

- KRA: Forecast accuracy, material availability, inventory health

2. Budgeting & Cost Governance:

- Build and own annual procurement budgets across ingredients, packaging, and indirects

- Track budget vs actuals and drive cost discipline throughout the year

- Support Finance in margin planning, COGS visibility, and cost forecasting

- KRA: Budget adherence, cost savings, margin protection

3. CAPEX Planning & Specialisation:

- Lead procurement for CAPEX investments-machinery, tooling, moulds, automation, and infra

- Evaluate ROI, vendor capability, lifecycle cost, and scalability

- Negotiate commercial terms, warranties, and service agreements

- KRA: CAPEX ROI, on-time installation, cost efficiency

4. Strategic Negotiation & Commercial Excellence:

- Lead high-stakes negotiations with key suppliers and partners

- Drive long-term contracts, price locks, and risk-sharing mechanisms

- Ensure negotiations reflect volume leverage, future scale, and market intelligence

- KRA: Negotiated savings, contract quality, risk mitigation

5. Raw Material Intelligence & Dynamic Pricing

- Develop deep insider understanding of crop cycles, seasonality, yield trends, and commodity markets

- Track price movements and implement dynamic pricing and forward-buying strategies

- Advise leadership on when to buy, hedge, or hold

- KRA: Cost volatility management, timing advantage, input price optimisation

6. New Vendor Development & Ecosystem Building:

- Identify, evaluate, and onboard new suppliers and alternates

- Build a multi-vendor, de-risked sourcing ecosystem

- Work closely with QA and Regulatory on audits, approvals, and certifications

- KRA: Vendor depth, supply continuity, compliance scores

7. Quality, Compliance & Risk Management

- Ensure procurement decisions meet quality, food safety, and regulatory standards

- Anticipate risks related to supply disruption, geopolitical shifts, or climate impact

- Build contingency plans and sourcing backups

- KRA: Zero critical disruptions, audit readiness, compliance adherence

8. Systems, Processes & Governance:

- Strengthen procurement systems, ERP integration, and approval workflows

- Build dashboards for cost trends, forecasts, savings, and vendor performance

- Institutionalise SOPs that scale with growth

- KRA: Process maturity, data visibility, audit robustness

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