Sr. Procurement Manager (FMCG Trading Background)

About This Role

Company Profile

Sentinel Ventures is a dynamic holding company that manages a diverse portfolio of nine operating companies across multiple industries and geographies. With a commitment to excellence, innovation, and sustainable growth, Sentinel Ventures plays a pivotal role in overseeing and guiding its subsidiaries toward achieving their business objectives while fostering synergies across the group.

Job Profile

Lead procurement across group companies with full ownership of sourcing, supplier management, and cost performance. The role focuses on improving margins, ensuring reliable supply, and building a scalable procurement function.

Reporting to: Group Managing Director

Key Responsibilities

1. Strategic Procurement Management

• Develop and implement group wide procurement strategies aligned with business growth plans and market expansion.
• Drive centralized procurement governance across all operating companies to ensure consistency and efficiency.
• Identify cost saving opportunities and optimize procurement spend across regions.
• Standardize procurement policies, processes, and internal controls across all entities.

2. Vendor Management & Sourcing

• Identify, evaluate, and onboard global suppliers for Food, Non - food and FMCG product categories.
• Build and maintain long-term strategic partnerships with key vendors and manufacturers.
• Develop vendor segmentation and manage accordingly.
• Continuously evaluate supplier performance with reference to pricing, quality, service levels and compliance.
• Ensure supplier compliance with contractual obligations, certifications, and ethical standards.

3. Global Supplier Negotiation & Commercial Excellence

· Lead commercial negotiations with suppliers to secure optimal pricing, margins, payment terms, and supply conditions.

• Negotiate contracts, MOUs, rebates, volume discounts, and credit terms.
• Drive margin improvement through strategic sourcing and consolidation.
• Monitor global commodity trends, freight costs, and currency fluctuations to support negotiation strategies.

4. Category Expansion & New Product Development (NPD)

• Identify and introduce new products aligned with market trends and customer demand.
• Coordinate with suppliers for product development, customization, and private labeling where required.
• Conduct feasibility analysis including cost, margins, shelf life, and regulatory requirements.
• Support product launches in coordination with Sales, Marketing, and Operations teams.

5. Demand Planning

• Align procurement planning with sales forecasts, demand planning, and inventory requirements.
• Ensure optimal stock availability while minimizing excess inventory and working capital impact.
• Monitor lead times, order cycles, and replenishment strategies.

6. Cost Control

· Monitor procurement budgets and ensure adherence

· Analyze market trends, commodity pricing, and currency fluctuations

· Drive cost optimization without compromising quality

7. Compliance & Quality Assurance

· Ensure procurement practices comply with local and international regulations

· Maintain food safety and quality standards. Work closely with QA/QC teams to ensure product compliance.

8. Cross Functional Coordination

· Collaborate with Sales, Logistics, Finance, and Operations teams

· Align procurement planning with demand forecasting and inventory management

9. Risk Management & Business Continuity

Identify supply chain risks and develop mitigation strategies.

• Diversify supplier base to reduce dependency and ensure continuity.
• Monitor global supply chain trends and proactively manage risks.

10. Team Leadership & Capability Building

• Lead and mentor procurement teams across multiple geographies.
• Set KPIs, monitor team performance, and drive accountability.
• Build procurement capabilities through training and process improvements.
• Foster a culture of efficiency, collaboration, and continuous improvement.

Required Qualifications:

Bachelor’s/Master’s degree in relevant field

8–12+ years in global procurement of FMCG/food

Knowledge of global sourcing and regulations

Job Type: Permanent

Work Location: In person