Buying Executive-Food Ingredients

Designation:

Location:

Grade:

Department:

Purpose of the Role:

Sourcing, Buying and Category Development for food ingredients

Qualification & Experience:

• Graduate/Post Graduate in Food Technology/Agriculture Science preferred. Else, Engineering graduate with relevant experience
• 3 to 5 years experience in foods ingredient sourcing/buying, especially

  seasoning, spices, flavours, oleoresins

Knowledge, Skills & Competencies­:

• Functional Knowledge of foods and agriculture commodities including value chain -

  seasoning, spices, flavours, oleoresin, extracts, starch, flour, additives

  , and prior experience with executing procurement for these categories
• Understanding of IPM, Good Agricultural Practices (GAP), Rainforest Alliance (RFA) Certification, Contract & Organic Farming, FSA Certification is preferred
• Eye for detailing
• System & Process orientation
• Influencing & Networking Skill
• Commercial Acumen
• Tools: MS PowerPoint and Excel, SAP

Job Responsibilities:

• Manage procurement of seasoning, flavors, spices, flours, starches, oleoresins, yeasts and other food ingredients
• Ensure uninterrupted and consistent supply of compliant RMs from approved suppliers to Marico facilities
• Coordinate with existing vendors to improve on quality, cost, innovation, delivery and sustainability metrics
• Analyse key market trends, competition buying, market dynamics for effective price forecast and drive negotiation strategy for long term contracts
• Regularly conduct market survey and vendor visits to understand crop progress, stock availability, assess quality, and execute procurement strategy
• Direct interaction with farmers, traders and processors for category development to ensure sustainable sourcing of ingredients
• Deliver cost efficiency through execution of strategic sourcing levers.
• Assessment of capabilities of new vendors through facility visits, vendor development as per defined quality standards and improving their processes through vendor performance rating
• Lead New Vendor Development and manage entire onboarding process (identification of potential suppliers, product and specifications briefing, product approval, facility audit, pre-shipment sample, and commercial product approval)
• Own and deliver on KPIs like OTIF, production compliance, coverage norms, vendor scorecard, commercial scorecard
• Manage Procure to Pay process by monitoring purchase orders, dispatch, payments and account reconciliation
• Building & managing relationships with internal & external stakeholders to execute business needs, resolve bottlenecks and deliver on performance, cost & quality
• Ensure compliance to regulations by executing traceability initiatives, working on backward integration to build transparent and sustainable supply chain
• Role will involve extensive travel to producers and vendors for category insight, average 1-2 weeks per month

Reporting Relationships:

Upwards

Buying Manager