About the role:
The candidate should have experience of strategic sourcing of Raw Materials and Packaging in the Food & Beverages sector. The candidate should be proficient in tapping internal and external-data/intelligence to formulate and execute go-to-market strategies to achieve targeted COGS for the organization.
Duties and responsibilities:
- End-to-end procurement of raw materials at competitive rates
- Leverage market intelligence to determine go-to-market strategies
- Negotiate contracts with favourable terms for the business
- Proactively identify risks in the supply chain and ensure de-risking measures are executed
- Manage supplier relationships in a structured SRM framework
- Coordinate with the Innovation team to understand raw material requirements and develop supply sources
- Monitor and track supplier performance to ensure compliance with contract terms and service level agreements
- Analyse data to identify trends and improve procurement processes
Qualifications and experience:
- Graduate. Master's degree in a related field preferred
- 5-7 years of experience in similar roles
Knowledge, Skills and Abilities:
- Prior working experience in the procurement department in the food, beverage or nutrition industry
- Exposure to categories such as Dairy, Spices, Oleoresins, Flavours, Chemicals, Vitamins, Cocoa, Sugar, Coffee, Minerals, etc. will be added advantage
- Strong understanding of the market conditions and trends
- Strong knowledge of negotiation techniques
- Exceptional interpersonal and social skills to build a good rapport with internal and external stakeholders
- Good mathematical and analytical skills
- Positive and professional demeanor
- Excellent verbal and written communication skills
