Buying Executive- Food Ingredients

3 days ago

Mumbai, Maharashtra, India Marico Full time ₹ 5,00,000 - ₹ 15,00,000 per year

Designation: Buying Executive Food Ingredients

Location: Mumbai.

Grade: JM3. -Mid -Senior.

Department: Procurement.

Purpose of the Role:

Sourcing, Buying and Category Development for food ingredients.

Qualification & Experience:

  • Graduate/Post Graduate in Food Technology/Agriculture Science preferred. Else, Engineering graduate with relevant experience
  • 3 to 5 years experience in foods ingredient sourcing/buying, especially seasoning, spices, flavours, oleoresins.

Knowledge, Skills & Competencies:

  • Functional Knowledge of foods and agriculture commodities including value chain - seasoning, spices, flavours, oleo-resin, extracts, starch, flour, additives, and prior experience with executing procurement for these categories
  • Understanding of IPM, Good Agricultural Practices (GAP), Rainforest Alliance (RFA) Certification, Contract & Organic Farming, FSA Certification is preferred
  • Eye for detailing
  • System & Process orientation
  • Influencing & Networking Skill
  • Commercial Acumen
  • Tools: MS PowerPoint and Excel, SAP.

Job Responsibilities:

  • Manage procurement of seasoning, flavours, spices, flours, starches, oleoresins, yeasts and other food ingredients
  • Ensure uninterrupted and consistent supply of compliant RMs from approved suppliers to Marico facilities
  • Coordinate with existing vendors to improve on quality, cost, innovation, delivery and sustainability metrics
  • Analyse key market trends, competition buying, market dynamics for effective price forecast and drive negotiation strategy for long term contracts
  • Regularly conduct market survey and vendor visits to understand crop progress, stock availability, assess quality, and execute procurement strategy
  • Direct interaction with farmers, traders and processors for category development to ensure sustainable sourcing of ingredients
  • Deliver cost efficiency through execution of strategic sourcing levers.

Assessment of capabilities of new vendors through facility visits, vendor development as per defined quality standards and improving their processes through vendor performance rating

  • Lead New Vendor Development and manage entire onboarding process (identification of potential suppliers, product and specifications briefing, product approval, facility audit, pre-shipment sample, and commercial product approval)
  • Own and deliver on KPIs like OTIF, production compliance, coverage norms, vendor scorecard, commercial scorecard
  • Manage Procure to Pay process by monitoring purchase orders, dispatch, payments and account reconciliation
  • Building & managing relationships with internal & external stakeholders to execute business needs, resolve bottle-necks and deliver on performance, cost & quality
  • Ensure compliance to regulations by executing traceability initiatives, working on backward integration to build trans-parent and sustainable supply chain.

Role will involve extensive travel to producers and vendors for category insight, average 1-2 weeks per month

Reporting Relationships: :- Upwards, Buying Manager

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Growth Path & Future:

  • Part of high growth foods portfolio
  • Exposure to companys quality systems, sourcing strategy and supplier relationship management
  • Opportunity to be part of high impact innovation and value unlocking projects
  • A great deal of freedom and flexibility in choosing ideas/strategies/platforms to create and deploy robust and effec-tive plans

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