Procurement Manager
Procurement Manager Jobs Information
- Inventory Analysis and Planning - Involved in Planning and budgeting of purchase functions. Develop and manage purchasing budgets and forecasts. Understanding of Working Capital, Inventory control parameters like Inventory days etc.
- Demand planning, Procurement Planning - Incumbent will be managing end to end supply chain planning from all Domestic & International - Vendors, suppliers, or manufacturers.
- Develop demand forecasts (operational forecasts) / Projections at multiple levels of aggregation for multiple times. Review historical sales trends, research demand drivers, prepare forecast data, develop statistical forecast models, and evaluate results.
- Utilize a collaborative and consensus approach by working with the Clients Sales and Marketing team to obtain and ensure that current and accurate information is used for demand forecasts.
- Responsible for all overall forecast, projections and material requirement planning (MRP) for all categories/SKUs. Will be required to oversee and supervise the entire coordination activity with cross functional departments, i.e. - Logistics, Warehousing, and Operations to manage the entire inventory requirements.
- Interfaces actively with Finance team to ensure that procurement practices meet all control and reporting objectives. Achieves an efficient procure-to-pay cycle cost.
- Oversee operations and daily activities of the purchasing department. Assigning responsibilities and overviewing the team performance. Builds, leads, manages and develops an effective procurement team. Sets and monitors goals, targets and objectives for a team of sourcing and procurement professionals with an aim toward elevating overall performance. Creates an effective culture with best in class procurement and strengthens the talent pipeline.
- Act as a key interface between the clients, internal departments and vendors.
- Idevelop and maintain strategic relationships with key suppliers and vendors. Manage supplier relationships as it relates to administrative and operational activities and issues, and optimizes the value in the vendor/business unit relationship. Developing an overall vendor base thereby creating and sustaining a competitive advantage, leveraging spend, and leveraging of technologies.
- Assessment of vendor performance data on various performance metrics for sustainable supply and cost improvement. Implementation of vendor assessment results for continuous evaluation of selected sources. Monitor supplier and vendor compliance with contractual agreements
- Measure and manage the vendor and supplier cost, quality and delivery performance
- Oversee supplier compliance with internal quality standards and external regulations
- To formulate & ensure implementation of effective & efficient Procurement Strategy for Purchase keeping in view all the aspects related to Food Service Industry.
- Direct continuous improvement of purchasing processes in line with changing organizational needs and market conditions.