Manager - Procurement

Job Description

1. Procurement Management:

- Oversee and manage the procurement of both food and non-food items, ensuring timely and cost-effective acquisition.
- Develop and execute procurement strategies to meet the companys operational needs.
- Negotiate and establish contracts with suppliers, ensuring favorable terms and competitive pricing.
- Maintain an up-to-date supplier database and manage supplier relationships to ensure quality, consistency, and timely delivery.

1. New Product Development:

- Collaborate with cross-functional teams (R&D, Marketing, Operations) to manage the procurement process for new products.
- Coordinate with suppliers to source new ingredients and materials for product development.
- Evaluate new products and suppliers to meet the company's quality standards and business needs.

1. Procure-to-Pay (P2P) Process:

- Ensure the complete P2P process is followed, from requisition to purchase order, receiving, and payment.
- Monitor and track procurement processes to ensure compliance with company policies and procedures.
- Work closely with the finance team to ensure timely payment processing and adherence to budgetary constraints.

1. Adherence to Delegation of Authority (DOA):

- Ensure all procurement activities and approvals are aligned with the companys Delegation of Authority (DOA) guidelines.
- Maintain and enforce procurement compliance and authorization processes.

1. Contract Management & Online Agreements:

- Ensure all procurement agreements are reviewed, updated, and stored electronically for easy access and reference.
- Monitor contract expiration dates and renewal processes to avoid any gaps in supply.
- Ensure compliance with legal requirements and internal standards for all procurement contracts.

1. Inventory & Supplier Performance Management:

- Work with the logistics and warehouse teams to manage inventory levels, ensuring timely stock replenishment and cost-effective procurement.
- Monitor and evaluate supplier performance regularly to ensure consistency in product quality and delivery timelines.
- Address any supplier-related issues or discrepancies in a timely and professional manner.

1. Cost Optimization & Reporting:

- Identify opportunities for cost savings and process improvements in the procurement process.
- Prepare regular reports on procurement activities, highlighting key performance indicators (KPIs), cost savings, and supplier performance.

8.Risk Management:

- Identify and mitigate potential risks in the supply chain, including quality, delivery, and financial risks.

Required Qualifications:

- Minimum of 5-7 years of experience in procurement
- Proven experience in food and non-food procurement, new product development, and supplier negotiations.
- Strong understanding of the Procure-to-Pay (P2P) process, Delegation of Authority (DOA), and contract management.
- Knowledge of supply chain management, logistics, and inventory control.
- Proficiency in SAP and Microsoft Office Suite (Excel, Word, PowerPoint).
- Strong negotiation, communication, and analytical skills.
- Detail-oriented with excellent organizational and problem-solving abilities.
- Strong negotiation, communication, and analytical skills.
- Detail-oriented with excellent organizational and problem-solving abilities.

RequiredKnowledge,SkillsandAbilities

- Experience working in the [food manufacturing/retail/consumer goods] industry.
- Ability to manage multiple projects and priorities in a fast-paced environment.
- Excellent interpersonal skills and ability to work with cross-functional teams.
- Strong understanding of procurement compliance, industry standards, and best practices