Manager - Direct Material Procurement l Jubilant Foodworks l Noida
RESPONSIBILITIES / ACCOUNTABILITIES :
- Good understanding of direct material sourcing
- Good understanding of Market drivers for Agri commodities and commodity cycle.
- Understanding Marco & Micro economic factors are impacting key commodities and understanding harvesting and price cycles.
- Responsible for tracking daily/ weekly/ monthly markets and gathering information on supply & demand and price-determining factors
- Responsible for providing price trends, forecasting, and making buying decisions for the most competitive buying, ensuring 100% supply compliance.
- Responsible for developing, leading, executing procurement strategies, and negotiating contracts to maximize the benefit to the organization.
- Perform cost-benefit analysis and benchmarking of the market and competition-saving cost saving opportunities.
- Driving cross-functional productivity initiatives to deliver value for the organization.
Vendor Management
- Ensure close monitoring of vendor performance on the business share, product quality, and adherence to performance parameters
- Take the lead in identifying new, more reliable, and lower-cost sources of supply.
- Ensuring Service Responsible for coordinating with vendors and factory team to facilitate timely deliveries of materials to the factory.
- Ensuring 100% compliance on vendor contracts
- Responsible for resolution of all issues related to packing material quality, specifications, revalidations, damages/losses, and commercial matters related to packing materials vendors.
- Responsible for co-ordinating with internal cross-functional teams for resolution of vendor payment issues.
- Assist factories in efficiently managing inventories and drive lead time reduction projects like JIT.
- Assist finance team in working capital management by negotiating payment terms with vendors
Systems & Process- Comply with organization policy in general and procurement policy in particular.
- Function as a team player to implement end-to-end solutions across the supply chain, including interactions with demand planning, manufacturing, logistics, R&D, vendors & other external agencies.
PROFESSIONAL QUALIFICATIONS/ EXPERIENCE :
- Qualification: MBA (Supply Chain Management / Finance/ Marketing), Engineering Degree From tier 1 Colleges
- 4-5 years of experience in buying Agri-based raw materials in an FMCG / related organization
- Knowledge of the SAP and Ariba platform is an added advantage.
- Expertise in Vendor management, contracting, and new Vendor identification & approval.
- A proven track record of delivering cost savings through negotiations and innovation.
- Excellent analytical, presentation skills, and communication skills.
- Ability to driver solutions and driver results
- Ability to work under pressure in the fast-paced environment
- Positive attitude, Proactive, Perseverance, tough-mindful, and ability to influence
- Demonstrates strong team working abilities and commitment.