Product Manager
1 week ago
**Key Responsibilities**:
1. Procurement Strategy & Sourcing
Develop and execute procurement strategies for FMCG products and raw materials to meet business needs.
Identify, evaluate, and onboard reliable suppliers/vendors to ensure a steady supply chain.
Negotiate pricing, contracts, and payment terms to optimize cost savings without compromising quality.
Monitor market trends, competitor pricing, and supply-demand fluctuations to adjust procurement plans.
2. Retail & FMCG Expertise
Leverage retail industry experience to select products that align with consumer demand and company objectives.
Ensure procured goods meet FMCG quality, compliance, and safety standards.
Collaborate with merchandising and sales teams to align procurement with inventory turnover goals.
3. Supplier & Inventory Management
Build and maintain strong relationships with suppliers to ensure timely deliveries and resolve issues.
Monitor stock levels, lead times, and supplier performance to prevent shortages or overstocking.
Implement inventory control measures to minimize waste (especially for perishable FMCG items).
4. Cross-Functional Collaboration
Work closely with finance, logistics, and operations teams to ensure smooth procurement processes.
Coordinate with QA teams to ensure compliance with industry regulations and company standards.
Provide insights to product development teams based on market trends and supplier capabilities.
5. Cost & Risk Management
Analyze procurement data to identify cost-saving opportunities.
Mitigate risks related to supply chain disruptions, price volatility, or supplier reliability.
**Qualifications & Skills**:
Bachelor’s degree in Business, Supply Chain, or related field (MBA preferred).
3+ years of experience in procurement/product management within retail/FMCG sectors.
Strong negotiation skills with a proven track record of cost reduction.
In-depth knowledge of FMCG supply chains, perishable goods, and retail dynamics.
Proficiency in procurement software (e.g., SAP, Oracle) and data analysis tools.
Excellent communication, analytical, and problem-solving skills.
Preferred Attributes:
Experience working with international suppliers.
Certification in supply chain/procurement (e.g., CSCP, CPSM) is a plus.
Ability to thrive in a fast-paced, target-driven environment.
**Benefits**:
- Maternity leave
- Parental leave
Schedule:
- Monday to Friday
Work Location: In person
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