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Procurement Manager
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- Posted a month ago
- Over 100 applicants have applied
Job Description
- Lead end-to-end procurement of raw materials (RM), packing materials (PM), and machinery required for food manufacturing operations.
- Develop and execute the sourcing strategy in line with production plans, quality standards, and cost targets.
- Identify, evaluate, and onboard new vendors/suppliers; build a strong, reliable vendor base for RM, PM, and capital equipment.
- Negotiate pricing, contracts, and service level agreements with suppliers to optimise cost without compromising quality.
- Monitor market trends, commodity prices, and supply risks; proactively plan for price volatility and supply disruptions.
- Ensure timely procurement to avoid production downtime, while optimising inventory holding costs.
- Coordinate with Quality, Production, and R&D teams to ensure procured materials meet food safety and quality standards.
- Drive cost-saving initiatives, alternate vendor development, and value engineering across the procurement function.
- Ensure procurement processes comply with statutory, food safety (FSSAI), and internal audit requirements.
- Maintain accurate procurement records, vendor performance data, and MIS reporting for management review.
- Lead and mentor the procurement team, and build strong cross-functional coordination with Production, Packaging, and Finance.
Master OF Business Administration (M.B.A), Bachelor of Business Administration (B.B.A), Master of Commerce (M.Com), Bachelor of Commerce (B.Com)
More Info
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Key Skills
About Company
Satchmo Holdings Limited is a listed Bengaluru-based Investments and Holding company operating across Facilities Management, Catering, Restaurants, Food, and Equity Investments, with a focus on growth & innovation.
Skills:
Ms Excel, OPEX procurement, Negotiation, vendor management, procurement ERP systems
Skills:
Vendor Development, Procurement, Negotiation, Strategic Sourcing, Supply Risk Management, Commercial Management, Vendor Sourcing, Raw Material Procurement, Inventory Management, Market Intelligence, Supplier Relationship Management
Skills:
procurement software , Ms Office, Negotiation, Supplier Management, Contract management
Skills:
procurement software , contract management, Vendor Evaluation, negotiation tactics, compliance standards, commercial terms, ERP systems, procurement processes
Skills:
Sourcing Management, Contract Lifecycle Management tools, Negotiation, eSourcing tool, Contract Management, Sourcing and Contracting, Strategic Sourcing