
Strategic Sourcing Expert
1 day ago
Job Overview:
As a Procurement Specialist, you will play a pivotal role in the strategic development and implementation of procurement initiatives for Raw Materials (RM) and Packaging Materials (PM).
Your key responsibilities include leading sourcing, procurement, and vendor development activities to ensure seamless delivery of quality materials at optimal cost, time, and service.
This is a critical position requiring strong commercial acumen, cross-functional collaboration, and execution excellence. You will work closely with various stakeholders to build a robust vendor base aligned with quality, cost, and service expectations.
Develop and implement procurement strategies that guarantee uninterrupted supply at the best value while mitigating supply risks.
Collaborate with Research and Development (R&D) and New Product Development (NPD) teams to onboard vendors for new materials and packaging innovations in a timely manner.
Lead negotiations with suppliers, manage contractual agreements, and drive cost-saving initiatives across the procurement portfolio.
Establish procurement Key Performance Indicators (KPIs) such as On-Time-In-Full (OTIF), cost, lead time, and inventory health, and conduct regular reviews with internal and external stakeholders.
Implement best practices in vendor evaluation, material planning, and purchase order processes.
Stay updated on market trends for key raw materials and packaging inputs to forecast price movements and manage budgets effectively.
Ensure compliance with food safety, quality standards, and regulatory requirements throughout all procurement activities.
Drive the digitization and streamlining of procurement processes using Enterprise Resource Planning (ERP) systems and relevant procurement tools.
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