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Description
Job description Sourcing & Procurement -FMCG Industry We are looking for an experienced Sourcing & Procurement Specialist to join our team in the FMCG (Fast-Moving Consumer Goods) industry. The ideal candidate will have a deep understanding of the procurement processes, supplier management, and cost optimization strategies specific to the FMCG sector. This role involves managing the end-to-end sourcing process, ensuring quality, cost-efficiency, and timely delivery of materials and products. Key Responsibilities: Supplier Management: Identify, evaluate, and onboard reliable suppliers for raw materials, packaging, and other FMCG-related products. Develop and maintain strong relationships with suppliers to ensure consistent quality and supply. Negotiate contracts, pricing, and terms with suppliers to achieve cost savings and favorable conditions. Sourcing Strategy: Develop and implement effective sourcing strategies that align with the company's goals and objectives. Conduct market research to stay updated on industry trends, price fluctuations, and alternative sourcing options. Optimize the supply chain to reduce costs while maintaining product quality and supply reliability. Procurement Operations: Manage the procurement process from purchase order creation to delivery, ensuring timely and accurate execution. Collaborate with internal teams, including production, logistics, and finance, to align procurement activities with business needs. Monitor inventory levels and ensure that all materials are sourced efficiently to meet production schedules. Cost Management: Identify opportunities for cost reduction and process improvement within the sourcing and procurement function. Analyze spend data and develop strategies to reduce procurement costs without compromising quality. Prepare and present regular reports on procurement performance, cost savings, and supplier performance. Compliance & Risk Management: Ensure compliance with company policies, ethical standards, and legal requirements in all procurement activities. Assess and mitigate risks associated with sourcing and procurement, including supplier reliability and geopolitical factors. Maintain accurate records of all procurement transactions and supplier agreements. Qualifications: Bachelor's degree in Food Technologist , Supply Chain Management, Business Administration, or a related field. Proven experience in sourcing and procurement, preferably in the FMCG industry. Strong negotiation skills and a deep understanding of contract management. Knowledge of supply chain management principles and best practices. Excellent analytical and problem-solving skills. Strong communication and interpersonal skills, with the ability to work collaboratively across departments. Preferred Qualifications: Experience with international sourcing and working with global suppliers. Knowledge of sustainable sourcing practices and ethical procurement standards. Speak with the employer +91 9566269922 Job Type: Full-time Pay: ₹20,000.00 - ₹35,000.00 per month Schedule: Day shift Supplemental Pay: Performance bonus Location: Ambattur, Chennai, Tamil Nadu (Preferred) Work Location: In person
