Manager - Purchase at Varun Beverages Limited (VBL)

Nawanagar, Bihar, India -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Procurement Strategy, Budget Management, Sourcing, Purchasing, Vendor Management, Contract Negotiation, Risk Management, Process Improvement, Compliance, Ethics, Teamwork, Collaboration, Leadership, Strategic Sourcing, Supply Chain Management, Cost Savings

Industry

Food and Beverage Services

Description

Key Deliverables * Develop Procurement Strategies: * Develop and implement procurement strategies aligned with the organization's goals and objectives. * Identify cost-saving opportunities and efficiency improvements in the procurement process. * Budget Management: * Manage given budgets, tracking expenses and identifying opportunities for cost savings and cost avoidance. * Monitor spending trends and implement measures to optimize procurement spending while maintaining quality standards. * Sourcing and Purchasing: * Lead the sourcing and purchasing process for materials, goods, and services. * Conduct market research, assess supplier capabilities, and obtain competitive bids. * Collaborate with internal stakeholders to determine procurement needs and specifications. * Vendor Management: * Build and maintain strong relationships with vendors and suppliers. * Evaluate vendor performance, negotiate contracts, and manage vendor selection processes to ensure quality, cost-effectiveness, and timely delivery of goods and services. * Contract Negotiation: * Negotiate contracts and terms with vendors to achieve favorable pricing, payment terms, and service level agreements. * Review and finalize contract documents, ensuring compliance with legal and regulatory requirements. * Risk Management: * Identify and mitigate procurement risks, such as supply chain disruptions, price fluctuations, and compliance issues. * Implement risk management strategies and contingency plans to minimize the impact on operations. * Process Improvement: * Continuously evaluate and improve procurement processes and procedures to streamline operations, increase efficiency, and enhance effectiveness. * Implement best practices and innovative solutions to drive continuous improvement in procurement performance. * Compliance and Ethics: * Ensure compliance with procurement policies, procedures, and regulatory requirements. * Promote ethical conduct and integrity in procurement activities, adhering to standards of fairness, transparency, and accountability. * People, Teamwork, and Collaboration: * Demonstrate collaborative behaviours, anticipating and working along with different stakeholders in a cohesive manner. * Foster agreement and alignment towards shared and common goals for the function. * Develop strategies to improve employee retention, implement job rotation, and create development plans for both self and the team. Role Requirements Qualification: MBA (Finance/ Supply Chain) Experience: * 8-15 Years of experience in procurement, strategic sourcing, and supply chain management * Strong leadership and team management skills. * Excellent communication and negotiation skills. #LI Jobs

Responsibilities

The manager will be responsible for developing and implementing procurement strategies, managing budgets, and leading the sourcing and purchasing process for all necessary materials, goods, and services. This role also involves building strong vendor relationships, negotiating contracts, and mitigating procurement risks to ensure operational requirements are met cost-effectively.