Sourcing Manager

Location: India

No. of. Openings: East – 1, West – 1, North – 1, South – 1, Central – 1

Employment Type: Full-time

About Banyan Nation:

Banyan Nation is India’s most trusted plastic recycler, recognized for pioneering a circular economy for plastics. Headquartered in Hyderabad, we are a leading player in the FMCG bottle-to-bottle recycling industry. In the last three years alone, we have enabled the manufacturing of over 2 billion sustainable bottles.

We believe in ethical sourcing and ensuring that every bottle we recycle is traceable for years. Additionally, our integration of 10000+ informal PCR/PIR material collectors into formal value chains reflects our commitment to social responsibility.

Position Overview:

The Sourcing Manager will lead end-to-end material sourcing activities across multiple industries (Pharma, FMCG, Retail, Beverage, Automotive, Paper & Stationery). Will close deals, drive tenders, and develop market intelligence to optimize procurement strategies, ensuring Banyan Nation secures high-quality materials under favorable commercial terms and industry compliance.

Key Responsibilities:

• Strategic PCR/PIR plastic material Sourcing & Category Management – Develop and execute sourcing roadmaps for industrial PCR/PIR plastic material across multiple sectors. Segment supplier categories, forecast requirements and diversify supply base for resilience.
• Tender Management & RFx Execution – Prepare and manage RFIs, RFQs, RFPs. Coordinate end-to-end bidding: document preparation, market release, evaluation, negotiation and contract-award processes. Ensure transparency, compliance and competitive margin realization.
• Commercial Negotiation & Deal Closure – Engage with suppliers—industrials, recyclers and sourcing partners—to negotiate PCR/PIR plastic material price, terms, ratings, logistics, and payment clauses. Ensure approval of commercial contracts that align with our organization. Category-level P&L accountability – driving sourcing strategies that deliver commercial performance in line with Banyan Nation’s financial and sustainability goals.
• Market Intelligence & Price Benchmarking – Continuously gather data on PCR/PIR plastic material price movements, sector-specific benchmarks, global supply-demand trends. Share intelligence to guide sourcing strategy and risk mitigation.
• Supplier & Stakeholder Management – Build strong relationships with Recyclable resource networks, Sourcing Partners, and institutional buyers. Liaise internally with operations, quality, legal, logistics, and finance teams to drive alignment and execution.
• Contract Performance & Risk Management – Monitor supplier performance (quality, delivery timelines, Exception Management & Dispute Resolution). Implement corrective actions. Manage tender compliance, supplier audits, and mitigation of supply chain disruptions.
• Bid Evaluation & Cost Analysis – Support bid committees with comprehensive evaluation: technical comparisons, price scoring, total cost-of-ownership assessments.
• Conduct supplier due diligence to ensure ethical sourcing practices, compliance with environmental norms, and adherence to anti-bribery standards.
• Be eager to use BN digital tools to drive transparency, track procurement KPIs, and enable data-driven decisions.
• Continuously optimize landed cost of RM by balancing price, logistics, payment terms & working capital projections.
• Work closely with QC and Production teams to ensure sourced material meets Banyan Nation’s stringent quality, impurity, and processing standards.

Qualifications & Experience:

• Any bachelor’s degree (preferred business administration, Supply Chain, Engineering, or related field).
• 3–6 years in commercial sourcing, procurement, or supply chain—preferably in PCR/PIR plastic materials or industrial recycling.

Preferred Skills & Knowledge:

• Industry Knowledge: Exposure to pharma, FMCG, retail, beverages, automotive, paper & stationery recyclable material streams.
• Tender Expertise: Proven ability to manage full tender cycles. Should have strong knowledge and hands-on experience in tender management, including preparation, submission, and execution of tenders across sectors like pharma, FMCG, retail, beverage, automobile, and public sector enterprises. Must be capable of independently managing end-to-end tendering processes, ensuring compliance and competitiveness.
• EPR: Must have sound understanding of Extended Producer Responsibility (EPR) frameworks and compliance requirements related to PCR/PIR plastic management. Should be capable of supporting sourcing strategies aligned with sustainability goals and regulatory mandates, and effectively engaging with brands and stakeholders for EPR-related material procurement and documentation.
• Technical knowledge: Understanding of PCR/PIR plastic material grades, quality parameters, impurity standards.

Required Skill Set:

• Negotiation: Strong commercial acumen with demonstrated success in high-volume/materials-based deal closure.
• Analytical Skills: Data-driven sourcing and market intelligence capabilities.
• Stakeholder Management: Ability to collaborate across multiple internal and external stakeholders.
• Competencies & Soft Skills
• Negotiation & Influencing: Resolute, results-driven, capable of closing large-volume deals.
• Analytical Thinking: Comfortable with complex data, cost breakdowns, and market trends.
• Communication: Clear, confident, and persuasive, both verbally and in writing.
• Problem Solving: Agile mindset to resolve supplier issues, logistics bottlenecks, and contract disputes.
• Organization: Managing multiple tenders, deadlines, and documentation simultaneously.