Key Responsibilities: Vendor Management: Identify, assess, and negotiate with suppliers to secure high-quality products at competitive prices.
Build and maintain strong relationships with vendors to ensure favorable terms and resolve any issues that may arise.
Order Planning: Accurately forecast purchase orders, taking inventory levels and production schedules into account.
Coordinate with vendors and other departments to ensure timely delivery of goods.
Cost Control: Drive cost-saving initiatives without compromising on product quality.
Analyze market trends and pricing to make well-informed purchasing decisions.
Inventory Management: Monitor and manage inventory to prevent both stock outs and overstock situations.
Implement inventory control practices to optimize stock turnover rates.
Quality Assurance: Collaborate with the quality control team to ensure that purchased products meet established standards.
Address and resolve any quality-related issues with suppliers.
Documentation: Ensure that accurate, up-to-date records of purchase transactions, contracts, and agreements are maintained.
Ensure compliance with company policies and legal requirements.
Market Research: Stay updated on industry trends, new products, and emerging suppliers.
Conduct market research to identify potential new vendors or more cost-effective alternatives.
Budget Management: Assist in the creation and management of procurement department budgets.
Monitor expenses and report on budget compliance.
Communication: Work closely with internal teams, such as R&D, production, and management, to understand procurement needs.
Effectively communicate with suppliers and negotiate favorable terms.
Leadership and Problem Resolution: Oversee team performance and align goals with the department's Key Performance Parameters (KPP).
Provide professional support, including coaching, goal setting, skill development, and talent initiatives.
Address and resolve issues related to late deliveries, quality concerns, or discrepancies.
Implement corrective actions to prevent recurrence of problems.
Requirements Key Requirements: Bachelor's Degree in Procurement, Supply Chain, Business Management, Food Science or equivalent Min 5 years' in a Procurement role, preferably in food manufacturing Proficient in Microsoft Office ERP tools experience is an added advantage Experience in regional environment and FMCG industry are added advantage.