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
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