- Understand business, demand and food safety requirements and its implications on sourcing and supplier base
- Implement procurement strategy and policies
- Annual Budgeting and Planning
- Manage inflation as per budgeted / targeted levels
- Identification and development of new suppliers to support business requirements
- Understand and build category cost models
- Researches and analyses market intelligence data for trends in commodity prices which could directly impact category spend
- Commercial negotiations and contracting
- Closely work with planning and logistics team to ensure on time in full availability of material
- Coordinate with NPD / Marketing to ensure new product launches as per timelines at targeted costs
- Build strong relationship with suppliers for long term competitive advantage
- Identify value engineering initiatives for cost optimization
- Share of business planning and monitoring
- Conduct RFI- s/RFP's with suppliers
- Generate MIS on sourcing performance against budget on monthly basis
Stakeholder management :
a. Internal : All Departments
b. External : Suppliers and others
Qualification/Experience/Skills :
- 8-9 years of experience in sourcing, category management, supplier development, contracting & negotiations in food service / FMCG industry (food and packaging categories)
- Qualification - B.E. and MBA. Experience in food technology desirable
- Exposure on ARIBA platform will be an added advantage
- Detailed understanding of key categories - cost structure, capacities, supply challenges, supplier capability etc.
- Experience of building, strengthening and sustaining strong supplier relationships
- Excellent communication skills
- Excellent organizational and project management skills
- Team player, self-driven, Analytical and problem solving
- Flexible, ability to work independently
- Ability to work under pressure
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