Head - Purchase - Food Manufacturing Firm

Key Responsibilities:

- Lead/Manage the purchasing department. Evaluate suppliers based on price, quality, and delivery speed

- Analyze new industry trends and make contacts with suppliers Developing an organization's procurement rules and regulations

- Determining supply needs and researching potential suppliers. Acting as a liaison and communicating pricing and performance needs to vendors and suppliers.

- Sourcing suppliers and testing product samples. Documenting the features and benefits of products and services.

- Preparing cost-benefit analysis reports for review by managers. Negotiating favorable
procurement contracts with selected vendors and suppliers.

- Documenting processes and generating monthly supply cost reports. Monitoring the company's demand for products to avoid supply shortages.

- Keeping abreast of vendor and supplier-related activities in the industry. Assessing data from a variety of sources to gain insights into pricing strategies and market trends.

- Analyzing competitor pricing and market trends to increase market share and profitability.

- Tracking customer engagement to develop effective pricing strategies for products and offerings.

- Applying statistical modeling methods to determine the potential impact of pricing strategies on profitability.

- Recommending pricing strategies that align closely with market trends and identifying new market segments.

- Forecasting revenue and market share based on market trends, production costs, profit margins, and sales volumes.

- Collaborating with sales and marketing departments on developing and implementing competitive pricing strategies.

- Developing dynamic pricing tools to effectively respond to changing market needs and trends.

- Preparing and presenting pricing analysis findings to executives, marketing teams, and sales staff.

- Keeping informed on pricing analysis methods and industry trends.

Qualifications and Skills:

- Over 20 years progressive experience in a raw material purchase in a food manufacturing company.

- Qualification in supply chain management will be advantageous.

- Proficiency in electronic procurement and analytical software

- In-depth business management, supply chain, and strategic sourcing knowledge.

- In-depth knowledge of statistical methods and data analysis.

- Extensive experience in analyzing pricing strategies and forecasting revenue and market share.

- Experience in collaborating on pricing strategies with sales and marketing departments

- Advanced analytical skills.

- Exceptional negotiation skills.

- Excellent interpersonal and communication skills