Procurement & Planning Assistant Manager[Food sourcing/purchasing]
8 months ago
Job Descriptions:
Regularly evaluate opportunities to reduce costs and ensure that prices for goods align with relevant market rates, efficiently s..
Job Descriptions:
- Regularly evaluate opportunities to reduce costs and ensure that prices for goods align with relevant market rates, efficiently sourced, and procured to create the best value for the business.
- Lead accurate demand forecasting in collaboration with sales and marketing, monitoring and communicating forecasts, changes, inventory estimates, supply situations, business risks, opportunities, and mitigation plans.
- Identify and analyze sales trends and influencing variables, integrating analysis into forecasting and inventory planning.
- Control spending and cultivate a culture of long-term savings on procurement costs.
- Establish effective relationships with key suppliers for all food/beverage raw materials, ingredients, and packaging to meet business demands.
- Collaborate with the Sales and Marketing Team to devise and implement short-term and long-term strategic initiatives for the business's growth and profitability.
- Mentor the team to acquire the competencies required for long-term business success and the success of team members.
- Act as the main subject matter expert, formulating policies and procedures related to procurement and planning.
- Oversee the purchasing system, Costpoint, providing strategic direction on procurement actions, approval workflows and thresholds, and tracking related to Purchase Requests and Purchase Orders.
- Collaborate with the Finance team to ensure procurement management aligns with corporate standards.
- Stay informed about Import/Export regulations, ensuring compliance, and providing coaching/training to staff to adhere to regulations.
Job Requirements:
- Bachelor’s Degree in Purchasing/Supply Chains, Business, or a related field is required.
- Minimum of 5 years of work experience in purchasing, ideally in FMCG, preferably in food sourcing/purchasing.
- Experience in frozen food imports.
- Proven track record of managing a significant cost of goods with a strong motivation to deliver cost savings.
- Excellent at guiding and mentoring team members for accuracy in forecasts and inventory management.
- Strong leader with good decision-making abilities and the capacity to multitask.
- Proven track record of collaboration (cross-functional) and delivering results as a team contributor and coach.
- Strong business acumen, open-minded approach, and the ability to effectively manage relationships throughout the organization and supplier relationship management skills.
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