- Identify and source quality raw materials, packaging materials, and other supplies required for FMCG production.
- Develop and maintain robust relationships with vendors and suppliers.
- Negotiate prices, terms, and contracts to ensure cost-effective procurement.
Inventory & Stock Management:
- Monitor inventory levels and ensure timely replenishment to avoid stockouts or overstocking.
- Coordinate with the warehouse and production team for smooth material flow.
Vendor Development & Evaluation:
- Identify potential new suppliers and evaluate their reliability, quality, and delivery performance.
- Maintain a database of approved suppliers.
Cost Optimization:
- Analyze market trends and supplier performance to achieve cost reduction without compromising on quality.
- Track and control procurement expenses to meet budget targets.
Purchase Order Management:
- Prepare and process purchase orders accurately and on time.
- Ensure proper documentation and compliance with company policies and standards.
Coordination:
- Work closely with production, quality, and finance teams to align procurement activities with business requirements.
- Resolve issues related to material shortages, delayed deliveries, or quality concerns.
Compliance & Reporting:
- Ensure compliance with all statutory regulations and company policies related to procurement.
- Generate regular reports on procurement status, supplier performance, and cost savings.
Required Skills:
- Strong knowledge of FMCG procurement processes and market trends.
- Good negotiation and communication skills.
- Proficiency in MS Excel and ERP systems.
- Analytical mindset and problem-solving abilities.
- Time management and multitasking skills.