Indirect Procurement - ( Merchandising Expenses) - Deputy Manager

4 Months ago • 7 Years + • Logistics

Job Summary

Job Description

As Deputy Manager of Indirect Procurement (Merchandising Expenses), you'll manage the sourcing, purchasing, and inventory of materials for merchandise production. This includes coordinating with suppliers, negotiating contracts, ensuring quality and cost standards, and collaborating with internal teams. Responsibilities encompass procurement strategy, inventory management, quality assurance, budget control, and vendor relationship management. You'll identify cost-saving opportunities and ensure compliance with company policies and regulations. The role requires strong negotiation, communication, and leadership skills, along with experience in merchandising purchases and team management.
Must have:
  • 7+ years procurement experience (Merchandising)
  • 5+ years team management experience
  • Strong negotiation & vendor management skills
  • Proficiency in procurement software & inventory systems
  • Budget management and cost-saving strategies
Good to have:
  • MBA degree
  • ERP system familiarity

Job Details

About Us: Paytm is India's leading financial services company that offers full-stack payments & financial solutions to consumers, offline merchants and online platforms. The company is on amission to bring half a billion Indians into the mainstream economy through payments,commerce, banking, investments, and financial services. One97 Communications Limited that owns the brand Paytm is founded by Vijay Shekhar Sharma.

About the team: Procurement Team manages the complete sourcing and contracting life cycle for Non Tech Procurement space for Marketing category by engaging with Internal Marketingoperations, Vendors and responsible for vendor selection and negotiations, Contract Compliance, Vendor performance assessment and reporting.

About the role: Responsible for managing the sourcing, purchasing, and inventory of materials required for merchandise production. This role involves coordinating with suppliers, evaluating vendor options, and ensuring that materials meet quality, cost, and delivery standards. The specialist will collaborate with internal teams, including product development, design, and logistics, to ensure timely and cost- effective procurement that aligns with company objectives.

Expectations/ Requirements

Sourcing & Vendor Management
o Identify, assess, and select suppliers to provide high-quality materials that meet
merchandise requirements.
o Negotiate contracts, terms, and pricing with vendors, maintaining cost efficiency and
budget adherence.
o Establish and maintain strong relationships with vendors, ensuring reliable supply
chains and efficient problem resolution.
o Track supplier performance, ensuring adherence to lead times, quality standards,
and compliance with company policies.
Procurement & Inventory Management
o Plan and execute procurement strategies that are aligned with production schedules
and inventory requirements.
o Monitor stock levels to ensure adequate supply without overstocking, adjusting
orders as needed based on forecast and demand.
o Manage material specifications, placing orders to fulfill merchandising demands
promptly and within budget.
o Develop contingency plans for critical materials to mitigate risks of supply
disruptions.
Quality Assurance & Compliance
o Coordinate with the quality assurance team to ensure materials meet internal
quality and compliance standards.
o Work with vendors to resolve any quality issues or material defects swiftly.
o Ensure compliance with company, industry, and regulatory standards for materials
procurement.
 Budget Management
o Monitor and manage budgets for merchandise material procurement.
o Identify cost-saving opportunities through effective negotiation, vendor
consolidation, or alternative sourcing strategies.
● Interface with the client on Requirement Analysis, establish category specific
● objectives and formulate sourcing strategies - specific to Marketing
● Quick Turn around time for finalization of Procurement activities
● Provide pro-active support in new source identification, assessment and
● evaluation as per strategic sourcing process (RFP/RFQ) followed by PO
● documentation and compliance.


Superpowers/ Skills that will help you succeed in this role
● Minimum of 7 years of experience in procurement and preferably doing merchandising purchases for good numbers of years.
● including a minimum of five years in team management.
● Proven leadership and management skills with the ability to optimize team
● Familiarity with ERP systems, Proficiency in procurement software and inventory management systems.
● Excellent relationship management skills with the ability to engage, negotiate and manage key stakeholders and suppliers.
● Strong and confident negotiator with the ability to negotiate at all levels.
● Excellent communication, interpersonal, and influencing skills.
● Strong leadership skills and the ability to direct team according to company standards.
● Excellent analytical and problem-solving abilities.
● Results-orientated with the ability to plan and deliver against project deadlines.
 

Education - Education: Bachelor’s degree, MBA is preferred.

Why join us
Merit based culture that thrives on self-motivated & driven individuals who are set out to make a
successful career in India’s fastest growing Fintech Organization. Agile & democratic setup that
gives space to your creativity, offers opportunity to work at scale coupled with an environment
that encourages diverse perspective at all times.

Compensation:
If you are the right fit, we believe in creating wealth for you
With enviable 500 mn+ registered users, 21 mn+ merchants and depth of data in our
ecosystem, we are in a unique position to democratize credit for deserving consumers & merchants – and we are committed to it.India’s largest digital lending story is brewing here. It’s your opportunity to be a part of the
story!

 
undefinedundefinedundefined

Similar Jobs

Tesla - Service Technician Apprenticeship

Tesla

Purmerend, North Holland, Netherlands (On-Site)
1 Month ago
Scopely - Senior Motion Graphics Designer

Scopely

Barcelona, Catalonia, Spain (Hybrid)
3 Months ago
GoMotive - Senior Commodity Manager (Mechanical)

GoMotive

Taipei City, Taiwan (Remote)
1 Month ago
Netflix - Senior Manager, Product Design - Platform Engineering

Netflix

United States (Remote)
3 Months ago
Fugo Games - Growth Specialist

Fugo Games

İstanbul, Türkiye (On-Site)
1 Month ago
ByteDance - Large Language Model Research Scientist Graduate (Doubao-Seed) - 2024 Start (PhD)

ByteDance

San Jose, California, United States (On-Site)
5 Months ago
Next Level Business Services - SAP SM and MM (Full Time)

Next Level Business Services

Malvern, Pennsylvania, United States (On-Site)
5 Months ago
Nintendo - Brand Ambassador

Nintendo

Dallas, Texas, United States (On-Site)
7 Months ago
Fluence - Director of Planning, Americas

Fluence

Arlington, Virginia, United States (Hybrid)
5 Months ago
PwC - Senior Associate - SAP APO/SNP - RDC

PwC

Kolkata, West Bengal, India (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Techland - Risk Officer

Techland

Poland (On-Site)
9 Months ago
HP - Configuration Services Project Manager

HP

Auvergne-Rhône-Alpes, France (On-Site)
1 Month ago
Glean - SLED Account Executive

Glean

(Remote)
1 Month ago
Virtuos - Executive Producer

Virtuos

Malaysia (On-Site)
4 Months ago
Playtech - Global IT Support Specialist (Intern)

Playtech

Tartu, Tartu County, Estonia (On-Site)
1 Month ago
NVIDIA - Senior System Level Testability Lead

NVIDIA

Santa Clara, California, United States (Hybrid)
2 Months ago
Stake Logic - Technical Account Manager

Stake Logic

Birkirkara, Malta (On-Site)
1 Month ago
Samsung Semiconductor - Intern, Optical Engineer

Samsung Semiconductor

San Jose, California, United States (On-Site)
2 Months ago
Nagarro - SAP Cloud Projectmanager (m/f/d)

Nagarro

Germany (Remote)
3 Months ago
Tesla - Sales Advisor

Tesla

Długołęka, Lower Silesian Voivodeship, Poland (On-Site)
1 Month ago

Get notifed when new similar jobs are uploaded

Jobs in Noida, Uttar Pradesh, India

Omnissa - Staff Engineer (C++ Linux)

Omnissa

Bengaluru, Karnataka, India (Hybrid)
5 Months ago
PwC - Manager | SAP ABAP

PwC

Bengaluru, Karnataka, India (On-Site)
6 Months ago
CloudHire - Senior Java Developer

CloudHire

Pune, Maharashtra, India (Remote)
4 Months ago
Upstox - Software Development Engineer - III (Backend-AJ)

Upstox

Bengaluru, Karnataka, India (On-Site)
5 Months ago
GoMotive - Product Operations Manager - Hardware

GoMotive

India (Remote)
1 Month ago
Zazz - Data Engineer (6–8 Years) Adhoc

Zazz

India (On-Site)
3 Months ago
Blissclub - Creative Director

Blissclub

Bengaluru, Karnataka, India (On-Site)
6 Months ago
Paytm - Banking Operations Offline

Paytm

Jabalpur, Madhya Pradesh, India (On-Site)
4 Months ago
Zypp Electric - Social Media Manager

Zypp Electric

Gurugram, Haryana, India (On-Site)
9 Months ago
Sportskeeda - Anchor - Pop Culture

Sportskeeda

India (Remote)
1 Month ago

Get notifed when new similar jobs are uploaded

Logistics Jobs

Nagarro - Senior EWM TM Consultant (m/f/d) - Process Industry

Nagarro

Germany (On-Site)
5 Months ago
PwC - Junior Oracle ERP Functional Consultant

PwC

Qormi, Malta (On-Site)
6 Months ago
PwC - IN-Senior Associate_PMO_Enterprise Apps SAP_Advisory_Pune

PwC

Pune, Maharashtra, India (On-Site)
5 Months ago
PwC - IN_Senior associate_Oracle fusion Technical_Oracle_Advisory_Bangalore

PwC

Bengaluru, Karnataka, India (On-Site)
4 Months ago
Maersk Careers - Customer Solution Manager

Maersk Careers

Shanghai, Shanghai, China (On-Site)
6 Months ago
ByteDance - Shipping Insurance Business Solution and Operations - Global Payment

ByteDance

San Jose, California, United States (On-Site)
4 Months ago
Tesla - Indirect Procurement Internship

Tesla

Brandenburg, Germany (On-Site)
1 Month ago
PwC - IN_Senior Associate_EC Time off_Enterprise Apps  SAP_Advisory_Mumbai

PwC

Mumbai, Maharashtra, India (On-Site)
5 Months ago
NinjaVan - Regional Field Sales - Makati

NinjaVan

Cabatuan, Cagayan Valley, Philippines (On-Site)
5 Months ago

Get notifed when new similar jobs are uploaded

About The Company

Noida, Uttar Pradesh, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Kerala, India (On-Site)

Noida, Uttar Pradesh, India (On-Site)

Hyderabad, Telangana, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Visakhapatnam, Andhra Pradesh, India (On-Site)

View All Jobs

Get notified when new jobs are added by Paytm

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug