Procurement Executive

4 days ago

Bengaluru District Karnataka, India Bajo Foods Pvt. Ltd. Full time

**Job Title: Procurement Executive**

**Location: Kudlu Gate, Bangalore Industry: FMCG - Food Manufacturing Reporting To: Procurement Lead**

**Job Overview**:
**Key Responsibilities**:
**1. Strategic Sourcing & Vendor Management**
- Identify, evaluate, and develop a reliable vendor base for raw materials, packaging materials, and indirect supplies.
- Negotiate long-term contracts to ensure competitive pricing and service levels.
- Monitor supplier performance and drive improvements in quality, delivery, and cost.

**2. Operational Procurement**
- Raise and manage Purchase Orders (POs) based on inventory and production schedules.
- Collaborate with stores and production teams to ensure timely deliveries and stock accuracy.
- Coordinate with QA/QC for material quality verification before acceptance.

**3. Cost Optimization & Compliance**
- Drive cost reduction initiatives across procurement categories without compromising on quality.
- Maintain strict adherence to food safety and procurement compliance protocols (FSSAI, ISO, etc.).
- Manage procurement documentation, contracts, and reports in line with audit requirements.

**4. Forecasting & Demand Planning**
- Work closely with planning and production teams to forecast raw material and packaging needs.
- Ensure procurement aligns with demand cycles and promotional plans to avoid stockouts or excesses.

**5. Risk & Inventory Management**
- Monitor market trends and risks related to commodity pricing and availability.
- Ensure safety stock levels for high-risk items and maintain inventory accuracy.

**Requirements**:

- Bachelor’s degree in Supply Chain, Engineering, or a related field. MBA preferred.
- 1+ years of experience in procurement in the FMCG/Food Manufacturing sector.
- Strong negotiation and vendor management skills.
- Understanding of food safety compliance and sourcing standards.

**Key Result Areas (KRAs)**:

- On-time procurement rate (OTPR) aligned with production schedules.
- Supplier performance and compliance scorecard.
- Procurement cycle time and process adherence.

**About Lo Foods**

Lo Foods is more than just a brand; it's purpose-driven with a clear mission: to provide low-carb functional foods to 100 million Indians by 2030. We believe that food is at the core of who we are - after all, we are what we eat.

India currently faces an epidemic of chronic diseases, many driven by our eating habits. Instead of viewing food solely as a means to prevent illness, we harness its power to improve and manage specific health conditions. At Lo Foods, we provide low-carb alternatives to traditional Indian foods, preserving flavours while addressing health concerns.

Our three brands support this mission:
Keto Smart - Low-carb products for the Keto lifestyle.

Protein Chef - Ensuring every home is protein-sufficient and promoting healthier living.

DiabeSmart - Making diabetes management easier while enhancing the pleasure of food.

Pay: ₹17,000.00 - ₹20,000.00 per month

Work Location: In person

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