Senior Buyer

Premier Fmcg (Pty) Ltd; Gauteng; On-site; ZAR 600 000 - 900 000; Full time

Job summary

A leading organization in the FMCG sector is seeking a Senior Buyer to optimize their supply chain through strategic procurement processes. The role involves negotiating supplier contracts, managing performance, and ensuring high-quality materials. Candidates should possess a B. Com degree in Procurement or Supply Chain and have extensive experience in the FMCG industry.

Qualifications

• 5-7 years of experience as an FMCG Senior Buyer.
• 5-7 years of experience in supplier relationships and negotiating contracts.
• 5+ years of analytical experience, preferably in the FMCG sector.

Responsibilities

• Negotiate and manage supplier contracts for optimal collaboration.
• Foster continuous improvement of supplier performance.
• Ensure high-quality raw materials by collaborating with R&D.

Skills

Cost Management Modelling Principles

Supplier performance and contract management principles

Negotiation and contract management skills

Excellent analytical and problem-solving abilities

Cross-functional team working skills

Effective communication and interpersonal skills

Education

B. Com degree in Procurement, Supply Chain, or Cost Accounting

Tools

ERP systems and procurement software

Job description

Job Description

Premier is a leading organization in the FMCG sector, committed to excellence and innovation.

Our Operational Improvement team plays a crucial role in optimizing the Premier Supply chain, ensuring cost-effective, timely, and high-quality product availability.

Job Purpose

To optimize the Premier Supply chain through the execution of strategic procurement processes in collaboration with our suppliers and internal customers to ensure cost-effective, timely, and high-quality product availability.

Job Objectives

1. Actively negotiate and manage supplier contracts, ensuring optimal collaboration, reliability, and value delivery.
2. Foster continuous improvement of supplier performance through ongoing management and monitoring in line with agreed SLA terms.
3. Ensure high-quality raw materials / packaging materials by collaborating with Research and Development and Packaging Development to ensure correct specifications and sourcing in line with agreed requirements.
4. Solicit competitive tenders, lead negotiations for price increases using open book costing methodologies, and ensure favourable terms.
5. Effectively execute projects by fostering and maintaining good cross-functional relationships with internal stakeholders, attending cross-functional Invocoms.
6. Adhere to procurement and relevant policies, ensure alignment with BBBEE goals and regulatory standards, and adhere to all Food Safety requirements.
7. Support healthy working capital by negotiating sustainable minimum order quantities and pricing, achieving cost savings, and optimizing financial resources.

Qualification Requirements

B. Com degree in Procurement, Supply Chain, or Cost Accounting (Essential)

Experience Requirements

1. 5-7 years of experience as an FMCG Senior Buyer
2. 5-7 years of experience in supplier relationships and negotiating contracts
3. 5+ years of analytical experience, preferably in the FMCG sector
4. 5+ years of experience in packaging procurement, including film packaging
5. 1-2 years of product development project experience (Desirable)

Key Knowledge and Skills

• Cost Management Modelling Principles (Intermediate)
• Buffer Management principles and procedures (Intermediate)
• Supplier performance and contract management principles (Intermediate)
• Inventory management principles and procedures (Intermediate)
• Negotiations management principles (Intermediate)
• Material run out models (Intermediate)
• Advanced Excel skills (Data manipulation, Pivots as required)
• Negotiation and contract management skills (Intermediate)
• Excellent analytical and problem-solving abilities (Intermediate)
• Cross-functional team working skills (Intermediate)
• Effective communication and interpersonal skills (Intermediate)
• ERP systems and procurement software experience (Basic)