Sourcing Manager - Procurement - Food Business

Description: ROLE OBJECTIVE Ensure the availability of all Raw Materials at the right time and at the right price, to meet the in house production needs.

Exp - 10 years

Food Industry Is Mandatory.

Reporting to: VP - Puchase

DUTIES & RESPONSIBILITIES

(1) Customer Responsibility (Internal & External)

- Invite proposals, quotations and tenders and review appropriateness of pricing, terms and conditions and conduct necessary due diligence for vendor selection.

- Keep abreast of market trends, seasonal fluctuations and forecasts, to revise strategies periodically

- Ensure vendor payments are made within the agreed time lines

(2) Process Improvement

- Consistently evaluate vendor/supplier performance to ensure adherence to predefined specifications of quality, quantity, timeliness of material, credit terms etc.

- Improve supplier performance through the supplier performance appraisal and supplier prequalification

(3) Key Interactions

Internal External

1. Purchase Head

2. Heads of Businesses

3. Category Managers / Sales

4. Head operations/Production

5. Quality

6. Finance /IT

7. Team members

1. Suppliers

2. Transporters

3. Manufacturing Associations

4. Purchase Networks

(4) Strategic Sourcing

- Develop long term partnerships with fruit and vegetable farmer associations to ensure complete backward integration for sourcing of key raw materials

- Sourcing of Food Ingredients

- Develop RM logistic channels

- Develop and implement with QA supplier audit mechanisms

- To ensure operating effectiveness by maintaining Actual Cost below AOP for Raw Material and Packing Material

- Monitor the purchase process for cost efficiency, supply efficiency and aligning them to cost reduction metrics and bottom line performance indicators

- Identify potential alternate new vendors for various Raw Materials especially the critical ones, basis the Material Requisition Plan

- Manage the Accounts payable cycle as per agreed norms

- Responsible for ensuring working capital management (RM, Inventory)

- Improve supplier performance through the supplier performance appraisal and supplier prequalification programmes

- Consistently evaluate vendor/supplier performance to ensure adherence to predefined specifications of quality, quantity, timeliness of material, credit terms etc.