Procurement Executive
6 months ago
We are seeking a skilled and detail-oriented Procurement Officer to join our team in the food and beverage industry. The Procurement Officer will be responsible for sourcing, purchasing, and managing inventory of raw materials, ingredients, packaging, and other supplies necessary for our operations. This role requires excellent negotiation skills, strong attention to detail, and the ability to communicate with suppliers effectively and internal stakeholders.
**Responsibilities**:
- **
Sourcing and Procurement**:
- Identify and evaluate potential suppliers based on quality, cost, reliability, and other factors.
- Negotiate contracts, terms, and pricing agreements with suppliers to ensure competitive pricing and favorable terms.
- Place orders for raw materials, ingredients, packaging, and other supplies as needed to meet production requirements.
- Monitor market trends and industry developments to identify opportunities for cost savings and process improvements.
- **
Supplier Management**:
- Build and maintain strong relationships with suppliers, ensuring clear communication and timely resolution of any issues or disputes.
- Conduct regular supplier performance evaluations and audits to ensure compliance with quality standards and contractual obligations.
- Work closely with suppliers to address any quality or delivery issues and implement corrective actions as needed.
- **
Inventory Management**:
- Monitor inventory levels and forecast demand to ensure adequate stock levels while minimizing excess inventory and carrying costs.
- Coordinate with production and warehouse teams to optimize inventory levels and minimize stockouts.
- Implement inventory control measures to track stock movements, identify discrepancies, and prevent losses.
- **
Compliance and Documentation**:
- Ensure compliance with regulatory requirements, industry standards, and company policies related to procurement and inventory management.
- Maintain accurate records of purchases, contracts, pricing agreements, and supplier information.
- Prepare reports and analysis on procurement activities, supplier performance, and inventory metrics as needed.
**Qualifications**:
- Bachelors degree in Business Administration, Supply Chain Management, or related field.
- Proven experience in procurement, sourcing, or supply chain management, preferably in the food and beverage industry.
- Strong negotiation skills with the ability to secure favorable terms and pricing agreements.
- Excellent communication and interpersonal skills, with the ability to build relationships and collaborate effectively with suppliers and internal stakeholders.
- Solid understanding of inventory management principles and practices.
- Familiarity with regulatory requirements and quality standards applicable to the food and beverage industry.
- Detail-oriented with strong analytical and problem-solving abilities.
- Ability to work independently and prioritize tasks in a fast-paced environment.
**Requirements**:
**Qualifications**:
- Bachelors degree in Business Administration, Supply Chain Management, or related field.
- Proven experience in procurement, sourcing, or supply chain management, preferably in the food and beverage industry.
- Strong negotiation skills with the ability to secure favorable terms and pricing agreements.
- Excellent communication and interpersonal skills, with the ability to build relationships and collaborate effectively with suppliers and internal stakeholders.
- Solid understanding of inventory management principles and practices.
- Familiarity with regulatory requirements and quality standards applicable to the food and beverage industry.
- Detail-oriented with strong analytical and problem-solving abilities.
- Ability to work independently and prioritize tasks in a fast-paced environment.
Qualification: Education: Graduate Language: English; Optional: Arabic/Hindi Skills: Effective verbal and written communication, leadership, and analytical skills are essential. MS Excel advanced, power point Experience: At least 2 years in similar role
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