Job SummaryManage, negotiate and procure raw, packaging and indirect materials, services & CapEx to deliver business a competitive edge by strategizing spend across categories and optimizing cost through supplier-buyer partnership and internal customer focus.Roles & Responsibilities

• Negotiate and ensure continuous supply of materials (right quantity at right quality & right price) to all Business
• Units.
• Frame Procurement Strategies to deliver Supply Chain objectives in terms of cost control, process improvements, supplier development, working capital management and financial benefits for the Company.
• Prepare category wise material budgets & ensure buying within budget.
• Drive procurement optimization and efficiencies, including a review of existing practices. Review procurement processes and work on improvement plans.
• Monitor Commodity price trends & price forecasting. Review Commodity procurement plan and apply buying strategies to provide business a competitive edge.
• Develop SRE (Supplier Risk Evaluation) model to drive Supplier Rationalization process. Develop 'Vendor Performance Rating' mechanism. Apply VPIC (Vendor Performance Improvement Chart) through Supplier Coordination meeting to improve on supply deliveries.
• Manage key supplier relationships in line with the business strategies and maintain a credible reputation in the marketplace.
• Support Supply Chain Management aspects of new business development, including selection of suppliers, defining commercial approach.
• Ensure alignment between the business areas and the Supply Chain organization

KPIs

• Budget vs. Actual (spend within budget)
• Cost Optimization
• Internal Customer Satisfaction / GO TO BU

Work experience requirement8 - 10 years of experience in food FMCGQualification

• MBA/CIPS/ Materials Management
• For PM : A Degree from a reputed Packaging Institute
• For IMSC: An Engineering background

CompetenciesOwnership & Result OrientationBusiness AcumenSourcing Policy and ProcessVendor ManagementCost ManagementGlobal Markets and Commodities Business TrendsSelf and Team ManagementPlanning & Decision MakingStrategic ThinkingChange ManagementBusiness Unit: Corporate-Finance (4198)Business Group: Finance (234)

IFFCO