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Purchasing Officer
2 months ago
Monroe Consulting Group is recruiting on behalf of a global company that provides innovative products, raw materials, and expertise to the bakery, patisserie, and chocolate sectors.
Job SummaryThe Purchasing Officer will play a pivotal part in developing monthly supply planning strategies aimed at optimizing inventory levels. This is a hybrid work setup based in Taguig, Monday through Friday.
Key Responsibilities- Supply Planning and Raw Material Sourcing
- Develops the Monthly Requirement Plan for Finished Goods (FG) and Raw Materials (RM) based on the monthly rolling forecast.
- Creates a raw material sourcing plan for monthly production.
- Supervises the logistics process of raw materials in coordination with the Finished Goods supply planner.
- Monitors stock levels and responds flexibly to forecast changes.
- Prepares monthly inventory projections, Operations KPIs, and inventory reports.
- Manages data related to import/export and procurement daily operations.
- Executes purchase orders and handles import/export work orders.
- Assists with material sourcing according to required specifications and timelines.
- Ensures timely delivery of orders.
- Ensures the warehouse department updates receiving reports.
- Produces reports and data for analysis and tracking to enhance business and operational efficiencies.
- Participates in monthly inventory counts.
- Assists in checking raw materials and supplies availability in the warehouse for production use based on the weekly production schedule.
- Cost Saving Activities and Purchase Process
- Analyzes cost-saving potential for materials and develops and leads action plans.
- Regularly investigates the supply market and evaluates market price trends.
- Audits and improves internal purchase processes and policies.
- Reports on cost-saving activities monthly and collaborates with R&D to develop competitive suppliers.
- Monitors 3PL suppliers' performance and develops action plans for improvement.
- New Product Development with R&D
- Leads new product development in collaboration with R&D.
- Manages on-time launches and re-launches with competitive cost management.
- Leads continuous improvement of the NPD process through cross-functional collaboration.
- Compliance with Relevant Statutory Requirements
- Monitors regulatory changes closely and develops implementation plans for new regulations.
- Coordinates with QA/R&D to renew relevant artwork in compliance with regulations.
- Participates in ad hoc projects as assigned, such as FSSC.
- Education
- Preferred: Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a relevant field.
- Work Experience
- At least 2 to 3 years of experience in Purchasing/Procurement, preferably in the manufacturing industry.
- Experience in importing/sourcing from international suppliers is a plus.
- Ability to manage multiple projects and contracts simultaneously, adeptly coordinating diverse portfolios to ensure seamless efficiency and effectiveness.