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Key Responsibilities

The incumbent will be responsible for procuring goods and services, managing inventory and stock levels, and developing strong relationships with suppliers.

Procurement and Sourcing
  • Negotiate contracts, pricing, and terms with suppliers to ensure cost-effectiveness.
  • Source new and innovative products to maintain market competitiveness.
  • Evaluate and select suppliers to procure goods and services for the company.
Inventory and Stock Management
  • Monitor stock levels and forecast demand to ensure product availability.
  • Collaborate with inventory and logistics teams to maintain optimal stock levels and reduce waste.
  • Resolve any supply chain disruptions that could impact availability or quality.
Supplier Relationship Management
  • Develop and maintain strong relationships with suppliers to ensure reliability and quality.
  • Conduct regular performance reviews of suppliers, addressing concerns and setting improvement targets.
  • Ensure suppliers comply with company policies and ethical standards.
Market and Trend Analysis
  • Analyze market trends, consumer preferences, and competitor offerings.
  • Stay updated on changes in the FMCG industry to anticipate shifts in demand or supply.
  • Identify opportunities to introduce new product lines or improve existing ones.
Budget Management and Cost Control
  • Manage procurement costs, ensuring value-for-money deals.
  • Monitor and report on procurement costs and savings achieved.
  • Implement cost-control measures without compromising on quality.
Compliance and Reporting
  • Ensure compliance with legal and regulatory requirements in all purchasing activities.
  • Prepare and maintain procurement reports and documentation for internal and external audits.