JM - BU Procurement

IFFCO Group; Hyderabad; On-site; INR 4,50,000 - 6,75,000; Full time

Job summary

A leading agricultural and food company in Hyderabad is seeking a procurement professional to support business operations by ensuring timely procurement of raw and packaging materials. The candidate will execute purchasing strategies, negotiate with suppliers, and manage contracts while focusing on quality and service standards. Ideal candidates should have 3-5 years of relevant experience and a management degree from a reputed school, with strong skills in supply chain management and negotiation.

Qualifications

• 3-5 years of functional experience in reputed companies in the relevant industry/sector.
• Commensurate technical or functional qualification.
• Experience in manufacturing operations and industry practices.

Responsibilities

• Execute purchase strategy, policies, systems, and processes.
• Establish MOQ for RM/PM based on lead times and consumption.
• Source, select, and negotiate with suppliers.
• Optimize service and quality elements of contracts.
• Collect and disseminate market intelligence on vendors and competition.
• Support vendor development and material specifications.

Skills

Negotiating Skills

Supply Chain Management Principles

Capacity Planning and Operational Efficiencies

Customer Centricity

Planning & Decision Making

Communicating effectively

Self and Team Management

Ownership & Result Orientation

Education

Management Degree/Post Graduate Diploma in Business Administration

Job description

The role is responsible to support business by ensuring timely procurement of RM/PM while ensuring quality and best service standards. The incumbentis also responsible to ensure that contracts with local and overseas vendors are renewed on time.

• To execute Purchase Strategy, Policies, Systems, Processes and Metrics as laid down by Central Purchase, in the Business Unit.
• For servicing the production plan of the business unit in respect of RM/PM.
• To establish MOQ’s for RM/PM and the reorder inventory levels based on lead times and consumption.
• To ensure call ups of centrally contracted Purchase Orders are as per production needs.
• For sourcing/selecting and negotiating with suppliers for local purchases including long term contracts.
• To optimize the service and quality elements of contracts, identify areas of improvement, engage pro-actively with suppliers and manufacturing to implement these improvements. Proactively engage suppliers on NPD for ingredients and recipe know how.
• Proactively collect and disseminate as appropriate market intelligence on vendor’s, supplies and competition.
• To support initiatives of central purchase in vendor development and material specifications.
• To be directly accountable for development of employees reporting to him and next level.
• To be responsible for implementing Vision and Values of the Group in his Businesses.

KPIs

• Buying within budget prices
• Risk Mitigation of Supplies
• Working capital management

Work experience requirement

3-5 Years of functional experience in reputed Companies, in the relevant Industry/Sector.

Qualification

Commensurate Technical or functional qualification with a Management Degree/Post Graduate Diploma in Business Administration with specialization in Materials Management/ SCM/Operations/Packaging Management from a reputed Business School.

Manufacturing Operations and Industry Practices

Capacity Planning and Operational Efficiencies

Negotiating Skills

Supply Chain Management Principles

Communicating effectively

Self and Team Management

Planning & Decision Making

Customer Centricity

Ownership & Result Orientation

Business Unit: Pristine Ingredients Pvt. Ltd. (PIPL)