Brief Job Description
Procurement Strategy Development:
- Develop and implement procurement strategies aligned with business objectives, including supplier selection, negotiation, and contract management
Supplier Relationship Management:
- Cultivate and maintain strong relationships with suppliers, ensuring reliable and cost-effective supply of edible oil, packaging materials, and machinery.
- Monitor supplier performance and address any issues or concerns promptly.
Cost Optimization:
- Continuously identify opportunities for cost savings and efficiency improvements in procurement processes. Negotiate favorable terms and conditions with suppliers to maximize value for the company.
Quality Assurance:
- Collaborate with quality control and assurance teams to ensure that all procured materials and equipment meet established quality standards and regulatory requirements.
Inventory Management:
- Oversee inventory levels of raw materials and machinery components, balancing supply and demand to minimize stock outs and excess inventory. Implement inventory control measures to optimize working capital.
Cross-Functional Collaboration:
- Work closely with production, logistics, and finance teams to coordinate procurement activities and support seamless operations. Communicate effectively with internal stakeholders to understand their requirements and address any procurement-related issues.
Market Research and Analysis:
- Stay informed about market trends, industry developments, and emerging technologies related to edible oil, packaging, and machinery.
- Conduct regular market analysis to identify new suppliers, products, and opportunities for innovation.
Risk Management:
- Identify and mitigate risks associated with procurement, including supply chain disruptions, price fluctuations, and quality issues.
- Develop contingency plans to minimize the impact of potential disruptions on operations.
Skills required:
- Strong negotiation skills and ability to build and maintain effective relationships with suppliers.
- Solid understanding of procurement best practices, contract management, and supply chain optimization techniques.
- Technical Proficiency (Microsoft Excel, Power-point, ERP, e-procurement platform)
- Strong analytical and problem-solving skills
