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Food Technology Latest Job Openings at Marico Limited
Buying Executive-Food Ingredients
Mumbai Metropolitan Region
About the job
Designation: Buying Executive – Food Ingredients
Location: Mumbai, On-site.
Grade: JM3
Department: Procurement.
Purpose of the Role:
Sourcing, Buying and Category Development for food ingredients
Qualification & Experience:
- Graduate/Post Graduate in Food Technology/Agriculture Science preferred. Else, Engineering graduate with relevant experience
- 3 to 5 years experience in foods ingredient sourcing/buying, especially seasoning, spices, flavours, oleoresins
Knowledge, Skills & Competencies:
- Functional Knowledge of foods and agriculture commodities including value chain – seasoning, spices, flavours, oleoresin, extracts, starch, flour, additives, and prior experience with executing procurement for these categories
- Understanding of IPM, Good Agricultural Practices (GAP), Rainforest Alliance (RFA) Certification, Contract & Organic Farming, FSA Certification is preferred
- Eye for detailing
- System & Process orientation
- Influencing & Networking Skill
- Commercial Acumen
- Tools: MS PowerPoint and Excel, SAP
Job Responsibilities:
- Manage procurement of seasoning, flavors, spices, flours, starches, oleoresins, yeasts and other food ingredients
- Ensure uninterrupted and consistent supply of compliant RMs from approved suppliers to Marico facilities
- Coordinate with existing vendors to improve on quality, cost, innovation, delivery and sustainability metrics
- Analyse key market trends, competition buying, market dynamics for effective price forecast and drive negotiation strategy for long term contracts
- Regularly conduct market survey and vendor visits to understand crop progress, stock availability, assess quality, and execute procurement strategy
- Direct interaction with farmers, traders and processors for category development to ensure sustainable sourcing of ingredients
- Deliver cost efficiency through execution of strategic sourcing levers.
- Assessment of capabilities of new vendors through facility visits, vendor development as per defined quality standards and improving their processes through vendor performance rating
- Lead New Vendor Development and manage entire onboarding process (identification of potential suppliers, product and specifications briefing, product approval, facility audit, pre-shipment sample, and commercial product approval)
- Own and deliver on KPIs like OTIF, production compliance, coverage norms, vendor scorecard, commercial scorecard
- Manage Procure to Pay process by monitoring purchase orders, dispatch, payments and account reconciliation
- Building & managing relationships with internal & external stakeholders to execute business needs, resolve bottlenecks and deliver on performance, cost & quality
- Ensure compliance to regulations by executing traceability initiatives, working on backward integration to build transparent and sustainable supply chain
- Role will involve extensive travel to producers and vendors for category insight, average 1-2 weeks per month
Reporting Relationships:
- Upwards
- Buying Manager
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