Assistant Buyer
Job Description
The FMCG Distribution Assistant Manager- International Buying is responsible for the strategic and profitable procurement of products within the allocated budget & categories. Focus product/range include agriculture commodities (rice, pulses, oil, spices, other staple foods), in-house FMCG brands and new categories introduced periodically. This role reports directly to the Division Manager. The position requires expertise in supply chain and inventory management, supplier relationship management, and financial accountability.
Responsibilities
- Develop/search (must) new supplier as per division business lines and managing existing suppliers.
- Ensure multiple alternate sources of supply for each item/category for regular supply of product.
- Develop and execute purchasing strategies as per market trends and international market supplies.
- Should have capability to procure product for in-house (white label) product ranges
- Negotiate contracts, terms, and pricing agreements with suppliers
- Monitor and manage contractual obligations to ensure supplier performance and mitigate risks.
- Monitor inventory levels to maintain adequate stock while minimizing excess and obsolete inventory. Must understand STOCK TURNOVER RATIO.
- Coordinate with warehouse and logistics teams for efficient storage and unloading of containers.
- Develop and implement cost-saving initiatives.
- Conduct regular cost analyses to identify opportunities for cost reduction
- Ensure all purchased commodities meet required quality standards & in country statutory requirements.
- Ensure necessary pricing approval from government authorities wherever applicable.