Our leading FMCG manufacturing client is looking for a senior Procurement Manager to drive strategy and operations in the acquisition of goods and services to meet the company's objectives.
Responsibilities
- Managing supplier relationships, reducing costs, and minimizing risk.
- Evaluating sourcing procedures and presenting improvement strategies to senior management for approval.
- Analysing and calculating procurement costs and developing cost reduction strategies.
- Driving purchasing decisions based on cost and scenario analysis, as well as market trends.
- Collaborating with the procurement department to identify and pursue new supplier opportunities.
- Conducting market research, creating cost estimates, and forecasts.
- Estimating risks and applying risk minimizing techniques, negotiating contracts that comply with industry regulations.
- Maintaining strategic sourcing relationships and developing strong partnerships.
- Ensuring all important Raw Materials and Dry Goods are sourced efficiently (low cost, right quality, and on time).
- Ensuring purchases are aligned to Business Stocking Parameters.
- Ensuring Procurement Policy is adhered to across the organisation.
- Negotiating contracts with key suppliers, including costs and terms of supply, service, and quality.
- Ensuring tenders and contracts are legally compliant, accurately articulating the needs to protect business interests.
- Developing, implementing, and maintaining the Material Requirements Planning (MRP) process.
- Managing compliance and payment of invoices.
- Assessing, developing, rewarding, and recruiting resources, ensuring alignment with company culture, values, purpose, and strategy.
- Planning resources on an annual basis based on business development.
- Ensuring readiness of the team to effectively achieve goals and personal growth.
- Continually developing LEAN strategies for performance improvements through routine evaluations, audits, and performance reviews.
- Maintaining a high standard of employee relations through regular and formal interactions to ensure that Freys is an employer of choice and employees are aware of their obligations.
Key Challenges
- Engaging with various key stakeholders who may provide conflicting information.
- Directly influencing customers and consumers.
- Sourcing of local, national, and/or international raw material suppliers and/or alternative raw material substitutes.
Relations and Interactions
Internal Interfaces: Employees at all levels within the company.
External Interfaces: Suppliers, Customers, and Service providers.
Know-How and Skills
- Bachelor's degree in commerce/Finance, Supply Chain Management, or related field.
- Proven experience as a Sourcing Specialist with a thorough understanding of sourcing methodologies, market trends, and supplier capabilities.
- Purchasing experience within an FMCG environment will be advantageous.
- Understanding of general finance and budgeting, including profit and loss, balance sheet, cash-flow management, and forecasting.
- Excellent communicator who is persuasive and has great interpersonal skills.
- Demonstrating deep understanding of the Company's commodities and knowledge of all key players and suppliers in the industry.
- Highly analytical, detail-oriented, and a critical thinker with strong research skills.
- Proficiency in Syspro ERP, Microsoft Word, PowerPoint, Excel, and Outlook.
- Strong leadership standards with sound time-management and organizational skills.
- Ability to work in a fast-paced environment.
- Conflict management and target orientation.
- Strong Business Ethics.
- Strong Leadership ability through building structure and high performing teams.
- Embracing Diversity, Ensuring Accountability, Exemplifying Integrity, Fostering Learning and Development, Inspiring Others, Leading Change, Nurturing Innovation.