Assistant Manager-Procurement

Job Description

Ensure the constant availability of approved raw materials in optimal quantity at optimal costs to achieve uninterrupted operation at the manufacturing location. Thiswill involve: a) Setting up of inventory norms,calculating material requirement derived from the production plan b) Constant monitoring of inventory levelsin the pipeline. c) To support the SBU in ensuring timelypayment of dues to the vendors d) To be alert and cope with situations ofunplanned surge in demands resultingin resource constraints To constantly evaluate and optimize cost components including vendor margins for various products. Thiswill involve: a) Preparing / updating the cost sheet forall raw materials indicating all the costs of all input raw materials. b) Constant monitoring of the markets tokeep abreast of development therein and harness opportunities to improve inputraw material prices. c) To interact with vendors and explorepossibilities to improve quality, Supply and optimize costs. To set up MIS to gather and analyze data on raw material demand, supply, price trends and forecasts. Collection, collation and trend analysis based on information from web sites, subscriptions, networking and published data. Requirements Graduate (preferably science/engineering) with aminimum of 5 years of experience in procurement (FMCG preferred) in a large-scalemanufacturing organization