The Health Factory - Head - Procurement

- The incumbent will be responsible for developing and implementing procurement strategies to ensure the efficient and cost-effective sourcing of goods and services, this includes managing supplier relationships, negotiating contracts, and optimizing the supply chain.

- Will play a key role in ensuring compliance with food safety regulations and quality standards, as well as driving continuous improvement in procurement processes.

A more detailed breakdown of the responsibilities:

1. Strategic Planning and Leadership:

- Developing and implementing comprehensive supply chain strategies aligned with the company's goals.

- Leading the procurement team and fostering a high-performance culture.

- Driving initiatives to improve fill rates, reduce costs, and achieve top and bottom-line growth.

- Developing contingency plans for critical suppliers to mitigate supply chain disruptions.

2. Sourcing and Supplier Management:

- Identifying and on-boarding new vendors, ensuring they meet quality, cost, and delivery standards.

- Managing end-to-end procurement of various items, including raw materials, packaging, and operational supplies.

- Negotiating pricing, payment terms, and delivery schedules with suppliers.

- Conducting supplier audits to ensure compliance with quality standards and contractual agreements.

- Building and maintaining strong relationships with key suppliers.

3. Cost Optimization and Value Creation:

- Conducting cost analysis and identifying opportunities for cost reduction and value optimization.

- Implementing strategies to drive down procurement costs while maintaining quality standards.

- Utilizing reverse auctions, open bidding, and other techniques to secure the best prices.

- Monitoring and tracking cost savings and performance metrics.

4. Compliance and Quality Assurance:

- Ensuring compliance with all relevant food safety regulations, including FSSAI, AGMARK, and other standards.

- Maintaining documentation related to vendor specifications, test reports, and other compliance requirements.

- Working closely with R&D, quality control, and other departments to ensure product quality and safety.

Key Skills and Experience:

- Strong understanding of the food industry supply chain and procurement processes.

- Proven experience in vendor management, contract negotiation, and cost optimization.

- Excellent communication, negotiation, and interpersonal skills.

- Knowledge of relevant food safety regulations and quality standards.

- Experience in managing teams and driving performance.