Procurement Manager

Our client, a leading FMCG company, part of a centenary group, is looking for a Procurement Manager. Job Summary: The Procurement Manager is responsible for planning, managing, and executing procurement activities for raw materials, finished goods, packaging, and other operational requirements. The role ensures cost-effective sourcing, timely supply, and strong vendor relationships while adhering to quality standards and regulatory compliance. Key Responsibilities:

1.        Strategic Sourcing & Procurement: o   Develop and implement procurement strategies aligned with business goals. o   Identify, evaluate, and select vendors based on quality, cost, delivery, and reliability. o   Negotiate contracts, pricing, and terms to achieve cost savings and favourable agreements.

2.        Supplier Relationship Management: o   Build and maintain strong relationships with suppliers and service providers. o   Monitor supplier performance and conduct regular reviews to ensure compliance with agreements. o   Address and resolve any supply-related issues or disputes promptly.

3.        Cost Management & Budgeting: o   Monitor procurement budgets and ensure cost optimisation without compromising quality. o   Implement cost-saving initiatives and track procurement KPIs. o   Conduct market research to anticipate price trends and mitigate risks.

4.        Inventory & Supply Chain Coordination: o   Collaborate with the supply chain, production, and logistics teams to ensure uninterrupted supply. o   Forecast material requirements and plan procurement schedules accordingly. o   Minimise stock-outs, excess inventory, and wastage.

5.        Store Management o   Develop and implement efficient store and inventory management strategies to support operational excellence. o   Oversee day-to-day store operations, ensuring optimal stock levels, timely reordering, and strict FIFO compliance. o   Reduce wastage, prevent overstocking, and streamline purchasing, receiving, storing, and issuing processes.

6.        Team Management: o   Manage a team of 10 comprising of Procurement and Freight Service Management.

7.        Compliance & Reporting: o   Ensure all procurement activities comply with company policies, industry standards, and legal regulations. o   Prepare procurement reports, dashboards, and analysis for senior management. o   Maintain accurate records of purchases, suppliers, and contracts.