05 Nov
|
Bake Wish Private
|
Gurugram
05 Nov
Bake Wish Private
Gurugram
Organizational Brief:
FA Gifts Private Limited is a leading ecommerce company which owns India's two largest online brands; Floweraura and Bakingo, backed by a USD 16 million funding by Fearing Capital.
Floweraura is an online gifting Mammoth operational within the country at 40k+ pin codes and internationally present in the US, UK, Middle east Canada etc.
Bakingo is a leading player in India’s online bakery ecosystem, operating 170+ cloud kitchens nationwide and three state of the art bulk production facilities at Bengaluru, Mumbai and Gurgaon. Bakingo specializes in delivering high-quality, innovative baked products.
Role Brief
Bakingo is looking for an experienced and commercially strong AGM – Procurement to lead procurement across Raw Materials, Packaging, Smallware, Equipment and Indirect categories. The role will be responsible for driving cost optimisation, strategic sourcing, vendor development, supply assurance and procurement governance while building scalable procurement processes for a rapidly growing business.
The role will work closely with Operations, Kitchens, R&D;, Finance and Senior Management to ensure the right quality, cost and availability of materials.
Key Responsibilities:
Strategic Procurement & Cost Optimisation
· Develop category-wise sourcing strategies across RM, PM, Equipment and Indirect Procurement.
· Drive procurement savings through negotiations, alternate sourcing, vendor consolidation, manufacturer-direct sourcing and specification optimisation.
· Establish market benchmarking and costing for key categories.
· Identify and execute opportunities for standardisation and demand aggregation.
· Own procurement savings targets and ensure sustainable delivery.
Vendor Management & Supply Assurance
· Build and manage a robust supplier ecosystem across critical categories.
· Develop alternate sources for key materials and reduce supplier concentration risk.
· Drive vendor performance on cost, quality, OTIF and service levels.
· Negotiate commercial terms, contracts, payment terms, MOQ and lead times.
· Develop strategic partnerships with key suppliers.
Procurement Governance & Process
· Strengthen procurement processes covering vendor onboarding, sourcing, PO creation, approvals and rate management.
· Have worked on developing procurement process in the ERP system.
· Ensure adherence to contracted rates, approval matrices and procurement controls.
· Drive centralisation and standardisation of procurement wherever commercially viable.
Procurement Analytics & Automation
· Establish visibility of category-wise, vendor-wise and centre-wise procurement spend.
· Develop procurement MIS and dashboards covering savings, PPV, vendor performance and compliance.
· Identify and implement opportunities for procurement automation and process digitisation.
· Use data to identify cost leakage and sourcing opportunities.
Stakeholder Management
· Partner closely with SCM, Operations, Kitchens, R&D; and Finance to align procurement with business requirements.
· Challenge existing specifications and buying practices to improve cost and efficiency.
· Balance cost, quality, availability and working capital while making procurement decisions.
Candidate Profile
· 8–10+ years of experience in Procurement / Strategic Sourcing / Category Management.
· Experience managing Direct and Indirect Procurement in FMCG, Food, QSR, Retail, Manufacturing or Consumer businesses preferred.
· Strong experience in vendor negotiations, strategic sourcing and cost reduction.
· Robust commercial and analytical orientation with excellent Excel / data-analysis skills.
· Experience in building procurement processes, governance and supplier ecosystems.
· Strong stakeholder management and execution skills.
· High ownership, commercial maturity and ability to operate in a fast-paced environment.
Key Success Metrics
· Procurement savings and purchase price improvement
· Cost/kg / unit reduction across key categories
· Alternate vendor and manufacturer-direct sourcing
· Vendor OTIF, quality and service performance
· Contract and rate compliance
· Procurement cycle-time improvement
· Working capital and payment-term improvement
· Procurement process automation and governance
Why Bakingo?
An opportunity to build and scale a strategic procurement function in a high-growth food business, with significant ownership across cost, sourcing, vendors and procurement transformation and direct exposure to senior leadership.
Pay: ₹1,500,000.00 - ₹1,800,000.00 per year
Benefits:
- Health insurance
- Leave encashment
- Life insurance
- Paid sick time
- Provident Fund
Work Location: In person
📌 Lead – Procurement || Bakingo (Gurugram)
🏢 Bake Wish Private
📍 Gurugram