Job Title Procurement & Cost Reduction Manager Consumer Goods
Management Level: 07 Manager
Location: Mumbai / New Delhi / Bangalore
Must Have Skills: Strategic Sourcing & Category Management, Cost Reduction & Value Engineering, Supplier Development & Negotiation, Procurement Digitalization & Analytics, Contract & Risk Management
Good to Have Skills: Ariba, Coupa, Jaggaer, Cost Modeling Tools, Sustainability & ESG Procurement, ZBX
Job Summary:
As part of our Procurement and Cost Optimization function, you will play a pivotal role in driving enterprise-wide sourcing strategy, supplier collaboration, and cost transformation initiatives across direct, indirect, packaging, and services categories. You will help the organization achieve sustainable cost leadership by reimagining procurement as a strategic enabler of growth and innovation, while ensuring supply resilience, quality, and ESG compliance.
Roles & Responsibilities:
- Strategic Sourcing & Category Leadership
- Define and implement category strategies across raw materials, packaging, indirect spend, logistics, and services to deliver sustained cost advantage for our clients
- Conduct spend analysis, supplier market intelligence, and benchmarking to identify sourcing opportunities and supply base optimization.
- Drive supplier consolidation, localization, and alternate sourcing to enhance resilience and reduce total cost of ownership.
- Cost Reduction, Value Engineering & Innovation
- Lead structured cost reduction programs, leveraging tools such as value analysis/value engineering (VA/VE), should-cost modeling, design-to-value, and demand management.
- Partner with R&D, operations, and finance to implement design simplification, specification rationalization, and process optimization initiatives
- Develop and monitor annual cost savings pipeline with clear governance and realization tracking
- Supplier Development & Negotiation Excellence
- Identify, onboard, and develop strategic suppliers capable of supporting cost, quality, and innovation objectives.
- Lead high-impact commercial negotiations and contract structuring to deliver maximum value and mitigate risk.
- Establish supplier performance management frameworks including KPIs, scorecards, and continuous improvement programs.
- Digital Procurement & Analytics
- Drive adoption of digital procurement platforms and e-sourcing tools to improve transparency, speed, and compliance.
- Build data-driven insights into category strategies, supplier performance, and cost models through advanced analytics and dashboards.
- Use predictive and prescriptive analytics for demand forecasting, price trend monitoring, and risk sensing.
- Sustainability, Compliance & Risk Management
- Embed sustainability and ESG principles into sourcing decisions, including carbon footprint reduction, responsible sourcing, and circular economy practices.
- Conduct supply risk assessments and build mitigation strategies to ensure supply continuity and resilience.
- Ensure full compliance with legal, regulatory, ethical, and company standards across the supplier base.
- Stakeholder Engagement & Transformation Leadership
- Act as a strategic advisor to senior leadership on sourcing strategy, cost optimization roadmap, and supplier innovation.
- Collaborate cross-functionally with manufacturing, quality, R&D, finance, and marketing teams to align procurement priorities with business goals.
- Drive procurement transformation initiatives including process re-engineering, policy development, governance frameworks, and capability building.
- Business Development & Value Creation
- Support the origination and execution of procurement-led value creation initiatives beyond cost such as cash flow improvement, working capital optimization, and speed-to-market acceleration.
- Develop compelling business cases and investment justifications to secure leadership alignment and funding.
Professional & Technical Skills:
Must Have Skills:
- Proven expertise in strategic sourcing, category management, and procurement transformation in the consumer goods sector.
- Demonstrated track record of delivering cost savings through supplier negotiations, VA/VE, and sourcing strategies.
- Strong commercial acumen, analytical and problem-solving skills, and experience in should-cost and TCO modeling.
- Hands-on experience with supplier development, contracting, and risk management.
- Excellent communication, stakeholder management, and presentation skills.
Good to Have Skills:
- Familiarity with digital procurement platforms (e.g., Ariba, Coupa, Jaggaer etc) and advanced analytics tools.
- Exposure to ESG-focused procurement strategies and sustainability initiatives.
- Experience with procurement process re-engineering and automation.
Additional Information:
The ideal candidate will be a results-oriented procurement leader with the ability to balance cost competitiveness with innovation, resilience, and sustainability. They will combine deep category expertise with strategic thinking and hands-on execution to deliver measurable business value and transform procurement into a key driver of growth and competitive advantage.
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Experience: Minimum 10+ years of relevant experience
Educational Qualification: B.Tech /BE / MBA preferred
