Procurement Manager

Posted 2 Days Ago
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Bengaluru North, Yelahanka, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
eCommerce • Fashion • Retail
The Role
Leads strategic procurement for non-inventory purchases and CAPEX, including sourcing, vendor selection, negotiations, contracts, purchase orders, delivery coordination, budget control, compliance, and supplier performance. Partners with cross-functional teams to support store development and expansion, optimize costs, maintain procurement records, support audits, and improve processes through reporting and dashboards.
Summary Generated by Built In
The Procurement Manager will be responsible for leading and managing all procurement activities related to non-inventory purchases, including packaging, marketing materials, store fixtures, consumables, services, and capital expenditure (CAPEX) across the organisation. This role will ensure that procurement operations are efficient, cost-effective, and in compliance with the brand’s quality and ethical standards. The Procurement Manager will work closely with cross-functional teams to align procurement plans with business needs and expansion goals.

Responsibilities:
Strategic Procurement & Vendor Management 
● Design and execute procurement strategies that deliver cost efficiency, supplierreliability, and operational excellence.
● Collaborate with cross-functional teams, including Projects, Marketing, Visual Merchandising, IT, Admin, Warehouse, and Retail Operations to forecast and consolidate procurement requirements.
● Source, assess, and onboard trusted vendors and service partners for CAPEX-related purchases, store fit-outs, equipment, and other indirect procurement categories.
● Conduct end-to-end sourcing processes including RFI/RFQ/RFP, commercial evaluations, price benchmarking, and vendor due diligence.
● Establish and manage long-term partnerships with strategic suppliers to ensureconsistent quality, timely delivery, and innovation.
● Oversee the full procurement lifecycle, from requirement gathering and tendering tocontract finalization and performance monitoring.
CAPEX Procurement
● Handle end-to-end CAPEX procurement including fixtures, equipment, IT infrastructure, furniture, and store development material required for store development and expansion.
● Coordinate with internal stakeholders to define specifications, timelines, and deployment plans.
● Ensure CAPEX procurement aligns with approved budgets and project schedules.
Cost Optimization & Budget Control
● Monitor procurement spend, perform cost analysis, and identify saving opportunities through strategic sourcing and alternate vendor development.
● Ensure that all procurement is within approved budgets and financial limits.
● Provide periodic reporting on cost savings, budget utilization, and procurementperformance.
Operational Coordination
● Oversee the purchase order (PO) process including requisition review, PO creation, order tracking, and delivery follow-up.
● Coordinate with accounts payable team for invoice processing, vendor payments, and GRN issues.
● Ensure timely and complete delivery of procured goods and services.
Process & Compliance
● Ensure compliance with procurement SOPs, audit guidelines, and ethical sourcingpractices.
● Maintain accurate procurement records, contract documentation, and supplier performance reviews.
● Support internal and external audits with documentation and clarification.
● Generate procurement dashboards and management reports for periodic reviews.
● Continuously evaluate procurement processes and implement process improvements.

Candidate Profile:
● Bachelor’s degree in Supply Chain, Business Administration, Engineering, or relatedfield (MBA preferred)
● Minimum of 6–8 years in procurement, with experience in CAPEX
● Strong knowledge of procurement practices, supplier markets, and negotiationtechniques
● Deep understanding of contract management, vendor selection, and market dynamics.
● Proficiency in ERP systems and procurement software.
● Strong analytical and financial acumen
● Excellent communication, leadership, and stakeholder management abilities.
● High attention to detail, planning, and organizational skills
● High level of integrity and compliance awareness

Skills Required

  • Bachelor's degree in Supply Chain, Business Administration, Engineering, or a related field
  • MBA
  • 6–8 years of procurement experience
  • CAPEX procurement experience
  • Knowledge of procurement practices, supplier markets, and negotiation techniques
  • Understanding of contract management, vendor selection, and market dynamics
  • Proficiency in ERP systems and procurement software
  • Strong analytical and financial acumen
  • Excellent communication, leadership, and stakeholder management abilities
  • Attention to detail, planning, and organizational skills
  • High integrity and compliance awareness
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The Company
1,002 Employees
Year Founded: 2019

What We Do

Kushals Fashion Jewellery is an India-based fashion and silver jewellery brand founded in 2006. It offers jewellery collections for workwear, partywear, bridal occasions and everyday wear, with designs focused on style and craftsmanship. The company operates nearly 100 stores across more than 38 Indian cities and uses an omnichannel model through its retail network, e-commerce platform and mobile application.

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