Head of Procurement
5 days ago
Understanding of F&B retail businesses or similar industries - F&B, Dairy, Packaging
- Strategic understanding including global commodity price impacts and exchange rates
- Strong experience in F&B, Digital Procurement System and costing modeling & negotiation
- Work collaboratively cross functionally with marketing, product development, operations and finance on new product innovation as well as existing product portfolio on cost modeling and potential supply base while delivering the lowest possible total cost of goods
- Lead Cost Savings continuous improvement initiative to improve company COGS. Lead all RFP processes and provide final approval for the execution of new products
- Lead negotiations with suppliers and deliver best total value including quality, cost, service and access to innovation. These should include lead time, terms, MOQ’s and serve as the procurement and contract expert resource for assigned commodities
- Drive product execution by ensuring timelines are met while maintaining constant collaboration with CPG Sales, Marketing, Operations, Design, Product Development, Manufacturing, Finance and logistics.
- Manage supplier performance to maximize profitability and achieve financial objectives
- Perform market analysis, competitive shop and identify emerging trends
- Perform Product and Sourcing presentations for executive team
- Lead strategic sourcing team with the goal of development, empowering and executing company initiatives
- Identify and implement strategic processes and technology to drive efficiencies across team. This should include sourcing processes, score carding and compliance
REQUIREMENT:
- 10+ years hands on experience in sourcing and supplier relations/negotiations
- English proficiency required
- Demonstrate extensive knowledge in all products for food & beverage retail industry
- Solid understanding of strategic sourcing and supply chain principles for QSR Mutli-Site retail F&B chain
- Excellent understanding of should costing and financial return models for suppliers
- Ability to prioritize and work in a fast-paced dynamic team environment
- 10 Years procurement experience
- Exposure to international supplier base
- Strong project management and analytical skills with continuous follow up to ensure completion of required task
- Demonstrated track record in negotiating service and commercial supply agreements
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