Deputy Manager

1 day ago

Guwahati, Assam, India Varun Beverages Limited Full time

Key Deliverables- Develop Procurement Strategies:- Develop and implement procurement strategies aligned with the organization's goals and objectives.- Identify cost-saving opportunities and efficiency improvements in the procurement process.- Budget Management:- Develop and manage procurement budgets, tracking expenses and identifying opportunities for cost savings and cost avoidance.- Monitor spending trends and implement measures to optimize procurement spending while maintaining quality standards.- Sourcing and Purchasing:- Lead the sourcing and purchasing process for materials, goods, and services.- Conduct market research, assess supplier capabilities, and obtain competitive bids.- Collaborate with internal stakeholders to determine procurement needs and specifications.- Vendor Management:- Build and maintain strong relationships with vendors and suppliers.- Evaluate vendor performance, negotiate contracts, and manage vendor selection processes to ensure quality, cost-effectiveness, and timely delivery of goods and services.- Contract Negotiation:- Negotiate contracts and terms with vendors to achieve favorable pricing, payment terms, and service level agreements.- Review and finalize contract documents, ensuring compliance with legal and regulatory requirements.- Risk Management:- Identify and mitigate procurement risks, such as supply chain disruptions, price fluctuations, and compliance issues.- Implement risk management strategies and contingency plans to minimize the impact on operations.- Process Improvement:- Continuously evaluate and improve procurement processes and procedures to streamline operations, increase efficiency, and enhance effectiveness.- Implement best practices and innovative solutions to drive continuous improvement in procurement performance.- Compliance and Ethics:- Ensure compliance with procurement policies, procedures, and regulatory requirements.- Promote ethical conduct and integrity in procurement activities, adhering to standards of fairness, transparency, and accountability.- People, Teamwork, and Collaboration:- Demonstrate collaborative behaviours, anticipating and working along with different stakeholders in a cohesive manner.- Foster agreement and alignment towards shared and common goals for the function.- Develop strategies to improve employee retention, implement job rotation, and create development plans for both self and the team.Role RequirementsQualification:MBA (Finance/ Supply Chain) or CAExperience: Years of experience in procurement, strategic sourcing, and supply chain management- Strong leadership and team management skills.Excellent communication and negotiation skills.

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