Purchase Manager - (Agarbatti/Incense Sticks)
Key Skills Required :
- Ability to collaborate with internal departments, seek common ground and establish alignment on common goals.
- Ability to manage multiple tasks simultaneously, ability to prioritize in an ever-changing environment.
- Strong planning and organizational skills, Strong financial and business mindset.
- Hands on experience in managing co-manufacturer, Excellent communication skill, multi-tasking and time management skills.
- Deep understanding of negotiations, partnerships and alliances, Demonstrated change management abilities, including conflict resolution skills.
- This role is responsible for effective implementation of Procurement Strategy for Direct and outsourcing of 3rd Party Manufacturing.
This Role is to support inhouse Manufacturing & Co-Manufacturing Locations, across India.
Roles & Responsibility:1. Negotiate purchases with suppliers /3rd Party to obtain quality materials at the most favorable prices.
2. Manage the entire process of procurement including quality, analyzing requirements, scheduling, inventory management, accounts payables & supplier relations
3. Contract Management & communicate appropriate information to leadership team.
4. Job is performed with minimum supervision
Direct procurement strategy:- Formulate procurement strategy for the mid to long-term, along with Head of Procurement & own the Procurement Strategy.
- Track/Monitor critical commodity prices such as Chemicals, Polymer, Paper & other ancillary material. Provide information to leadership team for market situation/ analysis report for decsion making process.
- Prepare procurement plan based on business requirements, review procurement plan against historical parameters / changed scenarios and market realities.
- Develop the indicative direct procurement budget for the organization.
- Estimate projected volume of Raw & FG (out sourced) of production plans.
- Track actual spent on budget with planned
- Material Procurement:- Negotiate prices with approved vendors to obtain high quality with lowest possible cost.
- Evaluate alternative suppliers to maintain competitive pricing.
- Lead cost saving initiatives and implement in relevant materials to improve the product margin,Track and deliver on cost saving Initiatives.
- Assist internal customers to identify requirements, specifications and provides support to facilitate at the development stage so as to ensure availability of products.
System & Record Management:- Use of Microsoft Dynamics to determine standard cost and maintain / validate purchase information /source list. Evaluate and analyze Purchase Price Variance. Update purchasing records and reports. Policy & Procedure Implementation,Internal Stakeholder Management, Organise Monthly meeting with Team & update on Market
- Align with teams Demand & Supply Planning, Manufacturing, NPD, Quality & Sales/Marketing. Support on Accounts Payable.Support Internal & External Audits.
Key KPIs:
- Budgeting/Commodity Market Update
- Savings in procuring Raw and 3rd Party Manufacturing.
- Planned Vs Actual: Budget
- Develop & nurture 3rd Party manufacturing as per organization requirement
- Ontime & In Full Delivery of Materials across Manufacturing Locations as per Plan for existing & new Products
- Timely Resolution of issues with Internal/External Stake Holders
- Understanding of FMCG Business ( Homecare & Personal Care)
- Proven Sourcing Skills, Strategic ability to manage the entire process of procurement
- Knowledge of Commodities, Ingredients- Locally Sourced & Imported
- Knowledge of dealing with Suppliers outside India.
- Ability of Contract Management & Knowledge of Supplier Performance Management.