Sourcing and Procurement - Food Industry

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