Title:  Executive Procurement

Job Summary

The role is responsible to support business by ensuring timely procurement of RM/PM while ensuring quality and best service standards. The incumbent is also responsible to ensure that contracts with local and overseas vendors are renewed on time.

Roles & Responsibilities

• To execute Purchase Strategy, Policies, Systems, Processes and Metrics as laid down by Central Purchase, in the Business Unit.
• For servicing the production plan of the business unit in respect of RM/PM.
• To establish MOQ’s for RM/PM and the reorder inventory levels based on lead times and consumption.
• To ensure call ups of centrally contracted Purchase Orders are as per production needs.
• For sourcing/selecting and negotiating with suppliers for local purchases including long term contracts.
• To optimize the service and quality elements of contracts, identify areas of improvement, engage pro-actively with suppliers and manufacturing to implement these improvements.  Proactively engage suppliers on NPD for ingredients and recipe know how.
• Proactively collect and disseminate as appropriate market intelligence on vendor’s, supplies and competition.
• To support initiatives of central purchase in vendor development and material specifications.
• To be directly accountable for development of employees reporting to him and next level.
• To be responsible for implementing Vision and Values of the Group in his Businesses.

KPIs

• Buying within budget prices
• Risk Mitigation of Supplies
• Working capital management
• Material availability 

Work experience requirement

3-5 Years of functional experience in reputed Companies, in the relevant Industry/Sector.

Qualification

Commensurate Technical or functional qualification with a Management Degree/Post Graduate Diploma in Business Administration with specialization in Materials Management/ SCM/Operations/Packaging Management from a reputed Business School.
 

Competencies