Posted by
Posted in
SCM & Operations
Job Code
1682323

Description:
- Plan and manage annual procurement budgets and cost optimization initiatives.
- Identify supply chain risks and implement mitigation strategies.
Budget preparation and monitoring:
- Ensure expenses remain within approved budgets through regular monitoring and cost-control measures.
Process improvements:
- Drive automation and digitalization initiatives to improve operational efficiency and transparency.
- Develop, standardize, and implement SOPs and process improvements across stores and procurement functions.
Procurement & Vendor Management:
- Negotiate pricing, finalize contracts, and manage commercial terms with vendors.
- Develop and monitor vendor performance and strategic vendor partnerships.
- Ensure timely availability of materials to support uninterrupted production.
Inventory & Stores Management:
- Maintain optimal inventory levels using Min-Max and EOQ methodologies.
- Reduce slow-moving and non-moving inventory.
- Ensure ERP-based inventory tracking and stock accuracy.
- Implement FIFO / FEFO inventory practices.
Logistics Management:
- Optimize transportation and logistics costs through effective planning and vendor management.
Cross Functional Coordination:
- Support plant shutdown planning and expansion projects.
- Present MIS reports, procurement analytics, and cost-saving initiatives to senior management.
Key Performance Indicators (KPIs):
- Procurement Cost Savings
- Vendor Performance Index
- On-Time Delivery (OTD)
- Procurement Cycle Time
- Working Capital Optimization
- Systems and processes development and implementation
- Processes automation / digitalisation
Qualification & Experience:
- Strong negotiation and vendor management skills
- Expertise in cost optimization and inventory management
- Experience in ERP implementation and supply chain systems
- Strong leadership, decision-making, and team management capability
- Data-driven and result-oriented approach
- Ability to perform effectively under pressure in a dynamic environment
- High levels of analytical ability (IQ) and emotional intelligence (EQ)
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Posted by
Posted in
SCM & Operations
Job Code
1682323