Senior Executive - Procurement

8 - 16 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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On-site

Job Type

Full Time

Job Description

Company: Indian / Global Engineering & Manufacturing Organization Key Skills: Strategic sourcing, supplier management, contract negotiation, MRP/MPS software, Microsoft Office, leadership, procurement strategy, inventory optimization, internal & external stakeholder management. Roles and Responsibilities: Overall responsible for the raw material and packaging sourcing activities. Lead and motivate the sourcing team to ensure raw materials and packaging are sourced competitively, with a focus on cost reduction or minimizing price increases. Analyze and understand raw material and packaging supplier supply chains and inputs to enable aggressive negotiations, anticipate price changes, and establish realistic standard costs. Execute strategic procurement with a regional perspective, with an emphasis on supplier performance and collaboration. Conduct regular supplier audits to assess capabilities and determine suitability as suppliers to Takasago International. Actively contribute to the Takasago global purchasing team and align procurement strategies. Provide market updates to Perfumers, Flavourists, and the Takasago global purchasing team based on supplier intelligence. Negotiate contracts with suppliers for volume pricing and conduct periodic cost-reduction reviews. Collaborate with Supply Chain departments, Regulatory Affairs, and R&D to improve material management processes, operational efficiency, inventory turnover, and reduction of obsolete materials. Review and improve the vendor development and evaluation program. Continuously evaluate long-term contracts for pricing, service levels, lead times, and other critical parameters. Responsible for reviewing and updating standard costs for R&D creation. Set and report on key performance metrics and ensure performance improvement programs are implemented. Experience Requirement: 8-16 years of experience in purchasing and sourcing, including managerial responsibilities. Proven experience in supplier negotiations and contract management. Hands-on experience in conducting supplier audits and vendor evaluations. Experience in cross-functional collaboration with internal teams such as QA, R&D, Finance, and Sales. Demonstrated success in strategic procurement and inventory management. Track record of reducing procurement costs while maintaining quality and supplier reliability. Education: Any Graduation. Show more Show less

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