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Procurement Buyer

2 months ago


Chennai, India Mindsprint Full time

Position: Specialist - Procurement

Location: Chennai

Reporting to: Deputy Manager - Procurement


Job Summary:


Individual Contributor / Specialist role with following major accountabilities:


  • Procurement Operations – Tactical Procurement, Vendor Management, Order Processing, Contract
  • Management; Inventory Management, MRP, Procure to Pay, Reporting, MIS etc.
  • End to End Procurement Process in MM Module in SAP
  • Working knowledge of Supply Chains & Basic understanding of Shipping & Logistics
  • Proficiency with MS Office; especially MS XL and complex data analysis


Job Description:


Key Process Overview:

The role would involve interactions with the External Vendors & Internal stakeholders of Olam

International and BPS. As a Procurement Specialist, responsibilities include


Sourcing: For All Business Units


  • Support RFx Process: Own and lead the supplier interface for all RFI, RFP and RFQ services.
  • Support both Domestic & Global Sourcing activities; Knowledge of e-tendering via Ariba
  • Involve in Strategic Negotiations, Contract Management & RM Planning. Monitor & report on the
  • performance of vendors to ensure contractual obligations & performance metrics are met (1)Compliance Reporting.
  • Deliver Cost Savings, Cost Avoidance & other Value Delivery Programs YoY, consistently
  • Vendor Management: For All Business Units
  • Perform Benchmarking, Identification, Approvals, Onboarding, Auditing, Ongoing Operations –
  • end to end Vendor Life Cycle Management (VLC) & Supplier Relationship Management (SRM)
  • Support Vendor Relationship Managers (VRMs) on various supplier related activities e.g.
  • Mandatory Trainings and escalate whenever needed; Ensuring Compliance etc.
  • Supplier Evaluation, Rating & Monitoring: Lead measuring supplier performance, root cause
  • analysis and driving improved performance. Own all aspects of supplier performance (cost,
  • quality, delivery).


Operations: For All Business Units:


  • Assist with organizing management, operational, and ad hoc meetings.
  • Service Level Agreement (SLA) performance: Continuously measure, manage and improve
  • supplier actual performance against negotiated SLA. Continuous tracking, KPI reporting, via
  • dashboards.
  • On-time delivery: Measure, report and action to improve service and delivery performance.
  • Ongoing cost productivity: Measure, report and action cost productivity as a function of market
  • pricing.


Process Transition: For All Business Units


Knowledge Transfer- Train, induct and work closely with the OGBS incumbents at various levels

to deliver the targets.


Strategic Sourcing: For Specific Business Units


  • Able to perform basic Spend Analysis, Fundamental Analysis, Procurement Analytics etc.
  • Knowledge of 7 Steps of Sourcing and Category Management would be desirable
  • Assist in Annual Budgeting Exercises and AOP’s. Support Risk Management Initiatives– BCP’s etc
  • Shipping & Logistics: For Specific Business Units
  • Working knowledge of Supply Chains – Planning/Logistics/Warehousing/Distribution
  • Basic understanding of Shipping & Logistics: Letters of credit (At sight, Usance), BFC, CAD, TT(1)Payment Process; Imports/Exports Documentation (Sea & Air Freight); Shipment Tracking

Profile Description:


  • 6-8 years of relevant experience in Procurement Operations, Strategic Sourcing, RM planning &
  • Vendor Management, in Food & Agribusiness, FMCG and similar related Industries preferably
  • Good exposure to Strategic Sourcing & Procurement Operations, Vendor Management
  • Experience handling multiple stakeholders.
  • Working knowledge of SAP (MM Module)
  • Ability to be flexible with job duties and scope of work and Shifts.


Expertise Requirements:


  • Strong analytical background, attention to detail along with structured organization and planning
  • skills. Demonstrate high analytical and problem-solving skills. Have Project management
  • experience.
  • Ability to work under pressure and to manage/deliver to deadlines; Ability to organize and
  • prioritize workloads. Eager to learn, highly driven and very motivated with a can–do attitude.
  • The ability to adapt and network across a global organization to work well with the team.
  • Motivated and driven to succeed in a fast-moving environment. Demonstrates collaborative
  • skills.
  • Strong oral and written communication and interpersonal skills.

Must Have


  • Proficiency with MS Office; especially MS XL and complex data analysis
  • Spend Data Analysis, Macro & Power BI


Education:


Graduation/Post Graduation in Any Discipline. Desirable to have specialization is Supply Chain

Management/ General Business Studies/ Engineering/Food & Agribusiness & relevant Areas.