Purchase Manager - Raw Material/Packing Material - FMCG

Currently we are hiring Raw Materials(RM)/Packing Materials(PM) Purchase Manager.

Industry: FMCG/Foods/Beverages.

Job Location: Bangalore

Education: MBA

Job Description:

1. Material Sourcing Strategy: Develop and implement sourcing strategies for raw materials and packaging materials. Perform spend analysis, conduct market & competition analysis, understand business needs, and formulate sourcing strategy for that category.

2. Ensuring material availability across Company plants by working closely with suppliers, planner, and factories.

3. Supplier Evaluation and Selection: Evaluate potential suppliers based on their track records, product quality and price.

4. Negotiation and Contract Management: Negotiate best terms and conditions with suppliers through cost sheet lead RFQ events. Draft, review, and manage contracts to ensure they align with company policies.

5. Inventory Planning and Management: Collaborate with planning and production teams to forecast raw material requirements accurately. Ensure optimal inventory levels to meet production schedules while minimizing holding costs and wastage.

6. Quality Assurance: Work closely with the quality control team to ensure that materials meet the required quality and safety standards.

7. Cost Optimization: Continuously monitor market trends and pricing fluctuations to identify cost-saving opportunities. Implement cost reduction strategies while maintaining the highest level of product quality.

8. Risk Management: Anticipate and mitigate potential supply chain risks, such as shortages, transportation disruptions, or supplier issues. Develop contingency plans to maintain a stable supply of raw materials.

9. Compliance and Ethics: Ensure all procurement activities comply with relevant laws, regulations, and ethical standards. Promote sustainable and responsible sourcing practices within the supply chain.

10. Data Analysis and Reporting: Utilize procurement software and tools to gather and analyse data related to procurement activities, supplier performance, and cost metrics. Prepare regular reports for management to aid in decision-making.

11. Supplier Relationship Management: Cultivate strong and productive relationships with suppliers to foster long-term partnerships. Conduct regular supplier performance reviews and address any issues or concerns promptly.