Manager - RM Procurement
Role & Responsibilities:
- Sourcing of direct material - Raw material, brewing consumables and chemicals
- Responsible to lead procurement for all Raw material, chemicals, and ingredients, Identify and develop strategic suppliers for key raw materials
- To procure material at most competitive prices and reduce/hold product cost to improve profitability
- To ensure right quality of material in accordance with B9 quality standards
- To ensure availability of materials at all manufacturing locations without loss of production
- To maintain cost effective inventory with least lead time and without compromising production loss
- Develop, implement & monitor right procurement strategy to ensure sourcing of right quality material at optimum price with shortest possible lead time
- Creating and maintain annual budgets for raw material and keep a track on budget V/s actuals
- To lead contracting with inputs from legal & user departments
- To develop and maintain material planning collaterals for identifying ordering and inventory requirement basis the annual, rolling, and firm monthly plan
- Supporting for new development and NPD launches
- To maintain and share dashboards/reports on the major KPIs such as Plan vs actual cost of material, inventory levels, write offs, credit terms etc.
Vendor Management:
- Actively manage the portfolio of suppliers to strengthen partnerships with key suppliers and continuously manage suppliers' performance
- Maintain the relationship with the vendors to ensure good, reliable sources of supply and information about the market best practices and inflation trend
- Closely work with plant team to identify local vendors and develop for Raw material, consumables and chemicals.
- Optimize the delivered cost for the raw material through different levers such as price negotiations, alternate vendor development, defining share of business, alternate product development etc.
- To monitor the pricing trends that impact the cost of finished goods and lead periodic price reviews with all the key suppliers.
- Coordinate with vendor on day to day operations to ensure material availability on time and as per the agreed specifications.
QUALIFICATION AND SKILL SET:
- BSC/MSC/Food technology from reputed institute.
- 5+ years of experience in strategic sourcing with Chemical or FMCG mfg company
- Material planning, management, inventory, vendor development and management
- Strategic procurement and planning, budgeting, and forecasting.
- SAP-MM knowledge is must.
- Ability to motivate and drive Performance
- Focus on Delivery, continuous improvement for customer delight
- Ensure Bira 91 Values are adhered