Procurement Manager - FMCG (Dairy & Beverages)

• Identify potential suppliers for raw materials and packaging materials required for Beverage and Dairy manufacturing industry & FG Products. • Initial review of draft contracts while ensuring legal compliance and protection of company interests • Negotiate contract and pricing with suppliers (existing & new) to secure payment terms and service. • To ensure timely, cost-effective, and quality procurement of raw materials (especially dairy & beverage ingredients), packaging materials, equipment, OSE, HSE and services necessary for the smooth and efficient operation of the dairy & beverage manufacturing unit. • The role involves developing vendor relationships, global sourcing, maintaining optimal inventory levels, and adhering to compliance and quality standards • Maintain strong relationship with suppliers and collaborate with them to drive innovation, quality improvement and cost saving initiates. • Collaborate with various department including sales, logistic and supply chain to align ingredients sourcing & supply as per company policy. • Continuously analyze industry trends, market conditions and competitor activities to identify opportunities and threats. Sharing market insights report with senior management for strategic decision making. • Coordinate with other department to forecast demand and plan inventory replenishment. • Oversee inventory level of Raw materials and Packaging materials stocks, balancing the need for adequate stock to maintain production demand with minimizing carrying stock. • Develop and implement risk mitigation plans to ensure uninterrupted supply. • Monitoring purchasing budget vs current purchase price to ensure cost effective, while identifying opportunities for cost reduction and implementing cost saving initiatives • Collaborate closely with R&D and Q.C team to ensure all Purchased materials meet stringent quality and safety standards. Implement quality standards assurance protocols for incoming ingredients. • Regularly assesses supplier performance and address issues as they arise. • Active role to Annual Budget planning and implementation. Managed department budget, supplier relationship management (SRM), supplier evaluation process, supply chain financing optimization • Bachelor’s degree in Business Administration, Supply Chain Management, or a related field; a Master's degree is a plus. • Bachelor’s degree, Business Administration, degree in related field. • MBA or PG Diploma in Supply Chain/Procurement is an added advantage. • 7 to 10 years of experience in procurement, preferably in a food/dairy/FMCG manufacturing environment. • Experience in sourcing raw milk, dairy commodities & beverage ingredients, and packaging materials is required