Sourcing and Procurement

1 week ago

Ambattur Chennai Tamil Nadu, India GuiRes Solutions Pvt Ltd Full time

**Job description**

**Sourcing & Procurement -FMCG Industry**

**Key Responsibilities**:

- **Supplier Management**:

- Identify, evaluate, and onboard reliable suppliers for raw materials, packaging, and other FMCG-related products.
- Develop and maintain strong relationships with suppliers to ensure consistent quality and supply.
- Negotiate contracts, pricing, and terms with suppliers to achieve cost savings and favorable conditions.
- **Sourcing Strategy**:

- Develop and implement effective sourcing strategies that align with the company's goals and objectives.
- Conduct market research to stay updated on industry trends, price fluctuations, and alternative sourcing options.
- Optimize the supply chain to reduce costs while maintaining product quality and supply reliability.
- **Procurement Operations**:

- Manage the procurement process from purchase order creation to delivery, ensuring timely and accurate execution.
- Collaborate with internal teams, including production, logistics, and finance, to align procurement activities with business needs.
- Monitor inventory levels and ensure that all materials are sourced efficiently to meet production schedules.
- **Cost Management**:

- Identify opportunities for cost reduction and process improvement within the sourcing and procurement function.
- Analyze spend data and develop strategies to reduce procurement costs without compromising quality.
- Prepare and present regular reports on procurement performance, cost savings, and supplier performance.
- **Compliance & Risk Management**:

- Ensure compliance with company policies, ethical standards, and legal requirements in all procurement activities.
- Assess and mitigate risks associated with sourcing and procurement, including supplier reliability and geopolitical factors.
- Maintain accurate records of all procurement transactions and supplier agreements.

**Qualifications**:

- Bachelor's degree in Food Technologist, Supply Chain Management, Business Administration, or a related field.
- Proven experience in sourcing and procurement, preferably in the FMCG industry.
- Strong negotiation skills and a deep understanding of contract management.
- Knowledge of supply chain management principles and best practices.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills, with the ability to work collaboratively across departments.

**Preferred Qualifications**:

- Experience with international sourcing and working with global suppliers.
- Knowledge of sustainable sourcing practices and ethical procurement standards.

**Speak with the employer** +91 9566269922

Pay: ₹20,000.00 - ₹35,000.00 per month

Schedule:

- Day shift

Supplemental Pay:

- Performance bonus

Work Location: In person

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