Fractional Purchase / Procurement Manager

Spend Analysis & Cost Optimization

• Review historical spend data across categories and vendors
• Identify cost-saving opportunities through volume leverage, renegotiation, or alternate sourcing
• Implement spend dashboards and KPIs for ongoing visibility

 

Supplier Evaluation & Relationship Management

• Develop supplier scorecards and risk mitigation strategies
• Facilitate strategic sourcing and long-term partnerships

 

Procurement Process Design & SOP Development

• Define and document end-to-end procurement workflows
• Establish SOPs for requisition, approval, PO creation, GRN, and invoice matching
• Align processes with ISO, GMP, or industry-specific standards

 

Contract Management & Negotiation

• Draft, review, and negotiate supplier contracts and SLAs
• Ensure legal compliance, risk coverage, and performance clauses
• Maintain contract repository and renewal alerts

 

ERP & System Integration

• Configure procurement modules in ERP platforms (e.g., Zoho, SAP )
• Enable automated PO generation, approval routing, and vendor onboarding
• Integrate procurement with inventory, finance, and quality systems

 

Compliance & Audit Readiness

• Ensure adherence to procurement policies, tax regulations, and audit trails
• Implement controls for vendor selection, documentation, and payment cycles
• Prepare procurement documentation for internal or external audits

 

Team Training & Capability Building

• Train internal teams on procurement best practices, tools, and compliance
• Develop role-based responsibilities and escalation paths
• Foster a culture of cost-conscious, compliant purchasing
• Work as Purchasing Watchdog.

 

Ideal Engagement Scenarios

• SMEs and mid-sized firms without a full-time procurement head
• Organizations undergoing ERP implementation or supply chain restructuring
• Businesses seeking cost control, vendor consolidation, or audit readiness