Chief Procurement Officer - FMCG (12-25 yrs)
Chief Procurement Officer
We are looking for Head of Strategic Procurement for a FMCG company based in Bangalore:
Roles and Responsibilities:
- Develop the sourcing strategy for high value raw materials and packaging items based on the Annual Production plan. Identify cost optimization opportunities.
- Oversee the procurement function of the organization; in addition, directly be responsible for managing the sourcing of traded commodities like Edible Oils, vanaspati, pulses etc.
- Manage all commodity trading activities, futures, options, price forecasting, credit schemes and forward fixed price contract execution in compliance with accounting and other audit requirements
- Ensure appropriate usage of indexes in supply agreements, support team in development of price/cost models
- Lead the relationships with related external agencies like brokerage firms, Govt. agencies, etc.
- Ensure co-ordination with inbound logistics and the plant. Take steps to expedite import clearances & resort to faster mode of transport within set budgets
Requirements and skills:
- Proven working experience as a Procurement Manager, Procurement Officer or Head of Procurement
- Knowledge of sourcing and procurement techniques as well as a dexterity in "reading" the market
- Talent in negotiations and networking
- Good knowledge of supplier or third party management software
- Aptitude in decision-making and working with numbers
- Experience in collecting and analyzing data
- Strong leadership capabilities
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