Assistant Manager Procurement

3 weeks ago

bangalore, India iD Fresh Food (India) Pvt. Ltd. Full time

Company Profile (About iD Fresh Food)

iD was founded in 2005, to ensure that people around the world gets access to fresh, nutritious & delicious Indian food. With an unwavering vision to preserve traditional, home-made cuisine & a focus on making the process of cooking fun & effortless, iD today serves homes across India, Middle East, US and UK.


Company size -2300+

Website -

Founder - PC Musthafa (IIM Bangalore, NIT Alumnus, is hailed as the ‘Breakfast King’ of India for offering a wide array of fresh, home-made & ready to cook food items)

No. of Manufacturing Plants - 5

Location: - Bengaluru; Anekal, Karnataka


About the Operational Model

As our product is different from others, so is our business model. All our fresh products are made for the day they are shipped to retail stores. We have zero finished goods inventory, and hence no intermediary stockists or transitory warehouses. This is possible only with the help of an inhouse fleet of vehicles and distribution personnel. Currently a fleet of 500+ dedicated vehicles and crew touch 30,000 retailers daily and replenish 100,000+ Kgs units of the freshest produce.


Job Overview:

The CAPEX/OPEX Procurement Specialist is responsible for managing the procurement processes for capital expenditures (CAPEX) and operational expenditures (OPEX) within the organization. This role involves negotiating contracts, ensuring compliance with procurement policies, and working closely with various departments to meet their purchasing needs. The ideal candidate will have a strong understanding of procurement principles, excellent negotiation skills, and the ability to manage multiple projects simultaneously.

Key Responsibilities

  • CAPEX Procurement:
  • Develop and execute procurement strategies for capital projects, ensuring alignment with organizational goals.
  • Conduct market research to identify potential suppliers and evaluate their capabilities.
  • Prepare and issue Requests for Proposals (RFPs), Requests for Quotations (RFQs), and Requests for Information (RFIs).
  • Negotiate contracts, terms, and conditions with suppliers to secure the best value for the organization.
  • Manage supplier relationships, including performance monitoring and issue resolution.
  • OPEX Procurement:
  • Collaborate with various departments to understand their operational needs and procure necessary goods and services.
  • Streamline procurement processes to enhance efficiency and reduce costs.
  • Ensure timely and accurate delivery of goods and services to support operational activities.
  • Maintain and update procurement records, including purchase orders, contracts, and supplier information.
  • Conduct spend analysis to identify cost-saving opportunities and implement strategic sourcing initiatives.
  • Compliance and Risk Management:
  • Ensure compliance with organizational procurement policies and procedures, as well as relevant laws and regulations.
  • Identify and mitigate risks associated with procurement activities.
  • Maintain up-to-date knowledge of industry trends, best practices, and regulatory changes.
  • Stakeholder Management:
  • Build and maintain strong relationships with internal stakeholders to understand and anticipate their procurement needs.
  • Provide guidance and support to departments on procurement-related matters.
  • Coordinate with finance and legal teams to ensure alignment on budgetary and contractual issues.
  • Reporting and Analysis:
  • Prepare regular reports on procurement activities, including spend analysis, supplier performance, and contract status.
  • Use data analytics to drive decision-making and improve procurement processes.
  • Present findings and recommendations to senior management.


Qualifications

  • Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field.
  • Professional certification (e.g., CPSM, CIPS) is preferred.

Experience:

  • Minimum of 5 years of experience in procurement, with a focus on CAPEX and OPEX.
  • Proven track record in negotiating contracts and managing supplier relationships.
  • Experience in a similar industry is advantageous


Interested:

If this role sounds like you, then apply with us You have plenty of room for growth at iD.

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