Buying Head - Staples - Retail

Head Buying (Staples)

- Our client is Operator of online supermarts retail stores intended to deliver groceries and household essentials at home

- They are now looking for a seasoned professional to lead the critical procurement function.

- The role would cover procurement of Staples buying

The key accountabilities are as below :

1. Inventory Analysis and Planning :

a. Involved in Planning and budgeting of the purchase function.

b. Develop and manage purchasing budgets and forecasts.

c. Understanding of Working Capital, Inventory control parameters like Inventory days etc.

2. Demand planning, Procurement Planning :

a. Develop demand forecasts (operational forecasts) / Projections at multiple levels of aggregation for multiple times.

b. Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate results.

c. Responsible for all overall forecast, projections and material requirement planning (MRP) for all categories/SKUs. Will be required to oversee and supervise the entire coordination activity with cross functional departments, i.e. - Logistics, Warehousing, and Operations to manage the entire inventory requirements.

3. Cost Efficiency & Continuous Improvements :

a. Closely interface with the Head of procurement and the Finance team to ensure that procurement practices meet all control and reporting objectives. Achieve an efficient procure-to-pay cycle cost.

b. Act as a key interface between the clients, internal departments and vendors.

c. Formulate & ensure implementation of effective & efficient Procurement Strategy for Purchase keeping in view all the aspects related to Food Service Industry.

d. Direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions.

4. Vendor Management :

a. Develop and maintain strategic relationships with key suppliers and vendors.

b. Develop an overall vendor base thereby creating and sustaining a competitive advantage, leveraging spend, and leveraging of technologies.

c. Regular assessment of vendor performance data on various performance metrics for sustainable supply and cost improvement.

d. Implement vendor assessment results for continuous evaluation of selected sources.

e. Monitor supplier and vendor compliance with contractual agreements

f. Measure and manage the vendor and supplier cost, quality and delivery performance

g. Oversee supplier compliance with internal quality standards and external regulations

5. Team Management :

a. Oversee operations and daily activities of the purchasing department.

b. Assign responsibilities and overviewing the team performance.

c. Build, lead, manage and develop an effective procurement team.

d. Set and monitor goals, targets and objectives for a team of sourcing and procurement professionals with an aim toward elevating overall performance.