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Zydus Wellness - Raw Material Procurement Role

5.00 to 8.00 Years   Ahmedabad   01 Feb, 2023
Zydus Wellness Products Limited
Job LocationAhmedabad
EducationNot Mentioned
SalaryNot Disclosed
IndustryRetail
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

    Reporting to : Lead - RM Procurement The individual will be responsible for the execution of key initiatives related to Agri Raw material, Flavors & Fragrances & organic / inorganic chemicals procurement operations and sourcing .This role will be responsible for Raw material procurement for all NPDs and meeting internal and external stakeholder requirements Roles and Responsibilities 1. Strategic Sourcing of Key Commodities and Negotiations - Market and supplier intelligence for commodities/non-commodities, Industry Best Practices & Benchmarking, Reverse Auction, Price Forecasting, Risk and Spend Analysis2. Material planning and scheduling - Contracting, Cost & Volume Optimization, Warehouse planning and Day-to-Day execution for seasonal products to maintain supply continuity as per Inventory3. Plan supplier audits and adhere to quality issues; work with QA and R&D to identify reasons and resolve.4. Supplier Relationship Management - Analyze suppliers based on a specific performance criteria to track and evaluate suppliers on monthly basis. Identify reasons for QA issues and develop an action plan with timeline to resolve.5. Value Engineering Projects- Brainstorm with R&D and with input from suppliers identify value engineering projects to help reduce cost, operational complexity and generate savings6. New product development-Work with R&D to identify materials for innovation or substitution as per marketing insights.7. Deliver new ingredients to meet new product launches as per required contribution margins8. New supplier development-Execute the standardized supplier pre-qualification process for optimum quality compliance in case of every new/existing supplier development.9.Management Reporting - Monthly presentation for management business review of performance, key deliverables, variances along with justifications, savings generated, commodity trackers and supplier evaluation. Desired Candidate Profile: - 5-8 years of experience procurement of raw materials Agri commodities / chemicals / flavours / milk & milk derivatives / sugar etc. - Understanding of Ingredients procurement process in FMCG - Understanding Imports process for food products- Understanding new product/formulation development in FMCG- Understanding of Business Fundamentals - SAP - Integrity- Stakeholder Management- Effective Communication- Analytical ability, Logical thinking,

Keyskills :
raw material procurementraw materialssupplier auditsvalue engineeringprice forecastingquality complianceanalytical abilitymaterial procurement

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