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Procurement Manager-#409

Client Information

>2000

Our client is leading in FMCG

Job Information

Procurement Manager

JOB SUMMARY

  • Track international and local market dynamics for key commodities procured
  • Negotiate and execute derivative contracts to hedge raw material procurement contracts
  • Manage Cost Control of raw materials sourced; Strategic Initiatives for Sourcing; Processes & Systems for Sourcing and working Capital Management/ Inventory turnover Management.

MAIN DUTIES

Cost Control of raw materials sourced

  • Ensuring that the same is within the budgets and in sync with market realities
  • Ensure is designed in a way- effective enough to combat market volatility of the commodity prices
  • Implement and Execute hedging strategies for raw materials procured to ensure stable pricing and margins
  • Coordinate with Banks and other counterparties to implement viable hedging Strategies

Strategic Initiatives for Sourcing

  • Ensuring sustainable sourcing of key raw materials
  • Ensuring the availability of the same as and when required
  • Build domain expertise to understand and procure the raw materials better
  • Work on Vendor development/ strategic tie-ups and quality controls on the same

Processes & Systems for Sourcing

  • Adherence to procurement governance/ compliance matters
  • Effective risk measurement/ check on negligence

Working Capital Management/ Inventory turnover Management

  • To optimize and implement credit availability period

Liaison with other teams/ departments

  • Liaise with the R&D teams from Ideation till execution in event of New Product
  • Development
  • Maintain productive relations and liaise effectively with the Manufacturing and operations teams
  • Liaise closely with Finance & Marketing teams on strategic issues.
  • Identify opportunities on Backward integration/ souring directly from the producers if so the nature of business desires

JOB REQUIREMENTS

  • Minimum 05-year experience in Procurement Manager or equivalent in FMCG companies; Commodity trading houses or commodity derivative desks of banks. Experience in hedging is an advantage.
  • Knowledge of hedging is critical (especially coordinating with banks for derivative quotations, conducting research and analysis, and executing hedging contracts)
  • Excellent communication skills (oral and written, Vietnamese & English) & Strong negotiation skills
  • Logical, strong analysis, problem-solving skills & strong at process management
  • Strong business acumen & able to work effectively with ambiguity
  • Bachelor’s Degree in Business Administration or equivalent in Business
  • Demonstrate utmost level of ethical, integrity & trust.
  • Very responsible, focus, result-orientated & dedication to continuous improvement
  • Demonstrate good teamwork & ability to lead others

General Information

Ho Chi Minh

FMCG

Manager

Purchasing - Supply Chain

Negotiate

Contact Us

Procurement Manager job closed

Pham Phuong Thuy

thuy.pham@headhuntvietnam.com

+84(08)38244744- ext 113

Procurement Manager

Negotiate

Ho Chi Minh

FMCG

Purchasing - Supply Chain

Manager

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