
Procurement Specialist
4 days ago
The role of Procurement Specialist supports the business by ensuring timely procurement of raw materials and packaging materials while maintaining quality and service standards. The incumbent is also responsible for renewing contracts with local and overseas vendors on time.
Key Responsibilities- Execute Purchase Strategy, Policies, Systems, Processes and Metrics as laid down by Central Purchase in the Business Unit.
- Servicing the production plan of the business unit in respect of RM/PM.
- Establish MOQ's for RM/PM and the reorder inventory levels based on lead times and consumption.
- Ensure call ups of centrally contracted Purchase Orders are as per production needs.
- Sourcing/selecting and negotiating with suppliers for local purchases including long term contracts.
- Optimize the service and quality elements of contracts identify areas of improvement engage pro-actively with suppliers and manufacturing to implement these improvements. Proactively engage suppliers on NPD for ingredients and recipe know how.
- Proactively collect and disseminate as appropriate market intelligence on vendor's supplies and competition.
- Support initiatives of central purchase in vendor development and material specifications.
- Be directly accountable for development of employees reporting to him and next level.
- Implement Vision and Values of the Group in his Businesses.
- Buying within budget prices.
- Risk Mitigation of Supplies.
- Working capital management.
- Material availability.
4-10 Years of functional experience in reputed Companies in the relevant Industry/Sector.
QualificationsCommensurate Technical or functional qualification with a Management Degree/Post Graduate Diploma in Business Administration with specialization in Materials Management SCM/Operations/Packaging Management from a reputed Business School.
CompetenciesManufacturing Operations and Industry Practices
Capacity Planning and Operational Efficiencies
Negotiating Skills
Supply Chain Management Principles
Contract & Vendor management
Communicating effectively
Self and Team Management
Planning & Decision Making
Customer Centricity
Ownership & Result Orientation
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