We are looking for a dynamic Purchase Executive with 25 years of experience in the Food & Beverage (F&B;) or Retail industry. The candidate will be responsible for end-to-end procurement activities, vendor management, sourcing, and cost optimization while ensuring timely availability of materials and compliance with quality standards.
Key Responsibilities
- Source and procure food, beverage, retail, packaging, consumables, and non-food items from approved vendors.
- Identify, evaluate, and negotiate with vendors to obtain the best quality, pricing, and commercial terms.
- Raise Purchase Orders (POs) after vendor finalization and obtain internal approvals.
- Ensure timely procurement and delivery of materials to support business operations.
- Manage Just-in-Time (JIT) procurement for perishable and quick-moving products.
- Develop and maintain strong relationships with suppliers and monitor vendor performance.
- Conduct market research to identify new suppliers, products, and cost-saving opportunities.
- Negotiate annual contracts and ensure timely renewal of vendor agreements.
- Coordinate with Operations, Stores, Finance, and other departments to understand procurement requirements.
- Monitor inventory levels and coordinate replenishment to avoid stock shortages or excess inventory.
- Analyze procurement data, pricing trends, and supplier performance to improve procurement efficiency.
- Ensure compliance with company procurement policies and quality standards.
- Perform risk assessment for supply contracts and develop contingency plans for critical items.
- Control procurement spend and contribute to long-term cost savings initiatives.
Required Skills
- Experience in procurement within the F&B; or Retail industry is mandatory.
- Strong vendor management and negotiation skills.
- Good knowledge of food ingredients, beverages, retail merchandise, packaging materials, and consumables.
- Understanding of inventory management and procurement planning.
- Exce