- To procure material at most competitive prices and help keep Company cost Competitive in the market.
- Interacting with Consultants, Vendors, industry experts to derive insights into the market dynamics for the category and make buying decision basis the same.
- Mapping the demand to ensure seamless availability of material at all manufacturing locations, to ensure no loss of production.
- Responsible for managing relationships and negotiating with suppliers on a regular basis and ensuring seamless execution of the entire procure to pay cycle for the vendors.
- To hold suppliers accountable to right quality of materials in accordance with specified Quality standards
- Prepare accurate quarterly and annual purchasing budget for the category and ensuring that we stay within the budget
- To keep scanning the market for driving cost saving initiative in the category Coordinate with internal stakeholders (Planning / IT / Accounts) to drive improvement projects withing the function / category
- Create the long term planning strategy for the category to ensure that company is best placed to take advantage of the changing market dynamics
- Create and implement best practice purchasing strategy to aid cost effective buying
- Collaborating with R&T and procurement team
- Source potential suppliers for new & alternate RMs and implementing formulation efficiency product
Scope of Work:
a) Financial Scope (Range of financial spend): Driving RM/PM material saving projects and ensuring target achievement
b) People Management Scope (Range of no. of Direct/ Indirect Reports): Direct reportees: 2-4.
c) Geography Coverage (Country-wide/ State-wide /Area-wide):Raw material and vendor development in India.
d) Corporate Coverage (Company-wide / Business Unit or Function-wide / Subfunction-wide / Other): Raw material and vendor development in one or two RM categories/Industrial Units.
Qualifications:
- MBA in Supply Chain/ General
- Postgraduate in Packaging (optional)
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