About the job
- The ideal candidate is responsible for developing and implementing a supply strategy that delivers the lowest total cost, reduces inventory, and maximizes customer satisfaction through world class service.
DUTIES & RESPONSIBILITIES
- Generate material requirement plan and share material volume allocation to vendors.
- Analyze data or insights to determine industry trends regarding the category.
- Overseeing a team of category buyers and other support staff
- Build and drive relationships with key vendors to improve pricing and quality of services.
- Proactively monitoring the category and manage risk responsibly.
- Manage inventory risk and ensure that contingency plans are always in place.
- Foster strong relationships with internal stakeholders and build their requirements into procurement strategy.
- Assess volume requirements against planning assumptions.
- Conduct category price analysis and benchmarking and explore cost savings opportunities.
- Seek and provide solutions to overcome issues in order to meet production requirements and address operational risks.
- Developing sustainable and ethical sourcing strategy and monitor implementation in sync with the Business procurement policy.
- Manage inventory levels to ensure ready availability of materials to meet planned / unplanned production targets.
- Drive a culture of proactive problem solving and continuous improvement.
KEY PERFORMANCE INDICATORS
- Zero Stock Out
- Procurement savings
- Purchase price variance analysis
- Category Spend Savings / Value Analysis
- Percentage of procurement spend to company revenue.
- Target Stock Holding %: Forte 95% | Emerging 90% | BTL 85%
- Suppliers Compliance Rate – Establish a system of evaluating the quality of suppliers backed with data and analytics. Set clear goals and monitor the performance of suppliers in detail.
- Spend Under Management – Tracking and optimization of expenditures by negotiating a volume discount.
JOB REQUIREMENTS
- Good University degree (BSc/HND/MBA/MSc ) in Industrial/ Production Engineering, Operations Management, Procurement & supply.
- Minimum requirement: 7 years practical experience with FMCG or high pace manufacturing environment.
How to Apply
Interested applicants should send their Resumes/CVs to careers@gol-ng.com