Procurement Manager

We are a reputed headhunting company based in Colombo looking for a Procurement Manager for a leading FMCG company based in Horana.

Key Responsibilities

Strategic Sourcing & Procurement:

Develop and implement procurement strategies aligned with business objectives.

Identify, evaluate, and select suppliers based on quality, cost, reliability, and sustainability.

Negotiate contracts, pricing, and terms to ensure optimal value for the company.

Vendor Management:

Build and maintain strong relationships with key suppliers and service providers.

Conduct supplier performance evaluations and audits to ensure compliance with quality standards.

Manage supplier development programs to improve efficiency and reduce costs.

Cost Management & Budgeting:

Monitor and control procurement budgets to achieve cost-saving targets.

Analyze market trends and pricing to make informed procurement decisions.

Identify opportunities for cost reduction without compromising quality.

Inventory & Supply Chain Coordination:

Collaborate with production, logistics, and warehouse teams to ensure uninterrupted supply of materials.

Forecast material requirements based on production plans and sales projections.

Monitor inventory levels and implement effective stock management strategies.

Compliance & Risk Management:

Ensure all procurement activities comply with company policies, legal requirements, and ethical standards.

Identify and mitigate risks associated with supply chain disruptions, supplier reliability, and price fluctuations.

Team Leadership & Development:

Lead, mentor, and develop the procurement team to achieve performance targets.

Drive process improvements and promote best practices within the team.

Qualifications & Skills

Bachelor’s degree in Supply Chain Management, Business Administration, or related field (Master’s preferred).

5–8 years of experience in procurement, preferably in FMCG or fast-paced manufacturing.

Strong negotiation, analytical, and decision-making skills.

Proficiency in procurement software (ERP systems like SAP/Oracle preferred).

Excellent communication, leadership, and stakeholder management abilities.

Knowledge of sourcing strategies, supplier markets, and cost management in FMCG.