Sourcing and Procurement

7 hours ago

Ambattur Chennai Tamil Nadu, India GuiRes Solutions Pvt Ltd Full time ₹ 25,000 - ₹ 3,00,000 per year

Job description

Sourcing & Procurement -FMCG Industry

We are looking for an experienced Sourcing & Procurement Specialist to join our team in the FMCG (Fast-Moving Consumer Goods) industry. The ideal candidate will have a deep understanding of the procurement processes, supplier management, and cost optimization strategies specific to the FMCG sector. This role involves managing the end-to-end sourcing process, ensuring quality, cost-efficiency, and timely delivery of materials and products.

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

Job Type: Full-time

Pay: ₹25, ₹30,000.00 per month

Work Location: In person

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