Leads strategic sourcing, category management, supplier performance, contract negotiation, stakeholder engagement, procurement KPI reporting, governance, and compliance across global indirect procurement categories. The role drives supplier optimization, risk mitigation, cost savings, process adoption, and procurement compliance using Oracle Fusion and Oracle P2P systems.
Job Title: Procurement Manager
Job Type: Full Time, Permanent
Working location: Mumbai
The Role
As a Procurement Manager at Travelex, you will lead the sourcing and contract management across a range of categories, including Consultancy & HR, Property and Facilities Management, Technology and broader business services. You will play a central role in optimizing supplier performance, managing risk, driving cost savings, and aligning procurement strategies with business goals across our global operations.
In this role, you will maximise the use of our Oracle Fusion system to drive compliance and adoption of the agreed process, support end users with specific sourcing activities and drive savings and quality.
Your role will directly support Travelex’s global and partner success by ensuring that the business is equipped with the best-fit suppliers, contracts, and commercial arrangements to enable innovation, agility, and scalability.
Key Responsibilities
- Strategic Sourcing: Lead the end-to-end sourcing process across key indirect procurement categories, delivering best-value solutions and long-term supplier relationships.
- Category Management: Develop and implement robust category plans, informed by market insights, spend analysis, and internal business needs.
- Supplier Management: Manage supplier performance, resolve issues, and build strong, value-based partnerships that support business performance and innovation.
- Contract Negotiation: Own the negotiation of commercial terms, working closely with Legal and Risk teams to ensure compliance and protect Travelex’s interests.
- Stakeholder Engagement: Serve as the trusted advisor for stakeholders across the business, providing procurement expertise and strategic guidance.
- Performance Monitoring: Track and report on procurement KPIs, including cost savings, supplier performance, and risk mitigation efforts.
- Governance & Compliance: Ensure all procurement activities align with Travelex policies, regulatory standards, and industry best practices.
What You’ll Bring
- Ideally full or working toward a relevant Procurement related qualification.
- Proven experience in procurement, ideally within a global or multi-site environment.
- Strong background in sourcing, vendor management, and contract negotiation.
- Excellent analytical skills and a data-driven approach to decision-making.
- High-level communication and stakeholder engagement skills.
- The ability to work independently and collaboratively across time zones and cultures
- Results-oriented with a focus on continuous improvement and value creation.
- Knowledge of Oracle P2P and sourcing solutions, with a track record of driving savings.
Travelex Mumbai, Maharashtra, IND Office
Mumbai, India
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