Senior Executive/ Executive
4 weeks ago
Job Description
The incumbent is responsible for managing the entire product development process for new products from sourcing, negotiating of prices and terms of contract and category management of Own Brand Products Assortment. He/ she will have to review the existing OB portfolio to ensure continuous cost improvement, and is expected to:
Defines/ translates product specifications based on commercial requirements, including quality and packaging Identifies new suppliers, e.g. through trade fairs and consulate relationships Prepares and runs sourcing tenders Analyses tender results and prepare negotiations based on competitive offering and should-be costs (e.g. clean sheets) Negotiates and develops contracts with suppliers on volume, price, quality of products procured, and logistics/ transport agreements, optimising for "Quality vs Total Cost" and "Volume vs Number of Vendors Procured from" Engages in regular negotiation with suppliers to ensure continuous improvement Coordinates with signed suppliers/ vendors as well as QA teams to ensure supplier maintains quality and service agreements Works with suppliers to identify opportunities for cost improvement and category innovation Manages the different stages of product development from product sourcing to final product production, sampling evaluation, shipping arrangement till roll out to shelves Liaises with different key stakeholders at different stages e.g. Brand & Business Development, Food Safety, Inventory, Marketing, Operations & etc Manages promotion planning and ensure products sales and penetration Keeps track of inventory and forecast planning align with trade plans Conducts regular business review with vendors
Qualifications
EDUCATIONAL QUALIFICATIONS
Degree in any disciplineRELEVANT KNOWLEDGE AND EXPERIENCE
Proven experience in managing suppliers /vendors and negotiating contracts/ running tenders Minimum 3 years of relevant experience Experience with FMCG/ grocery retailers would be a plus Good understanding of supply chains, product/quality specs, product variations, seasonality, drivers of cost, and drivers of volume fluctuations of different products Ability to run tendering processing end to end and create clean sheets Excellent negotiation and communication skills Strong business acumen and data analytic skillsPERSONAL CHARACTERISTICS & BEHAVIOURS
Resourceful, problem solver and result oriented Team player and ability to collaborative and work effectively with a variety of stakeholders Willingness to travel-
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