Assistant Manager (Sourcing & Product Development), FMCG

Key Responsibilities:

• Product Development and Management: Oversee all stages of product development, from initial sourcing and sampling to final production, shipping, and product launch.
• Product Specification: Collaborate with internal teams to define and translate commercial requirements into detailed product specifications, encompassing quality, packaging, and other key attributes.
• Supplier Identification and Sourcing: Proactively identify potential new suppliers through various channels
• Tender Management: Prepare and execute sourcing tenders, analyze results, and develop negotiation strategies based on competitive offerings and cost analysis.
• Negotiation and Contract Development: Negotiate and establish contracts with suppliers, focusing on key terms such as volume, price, quality, logistics
• Supplier Relationship Management: Engage in regular negotiations and business reviews with suppliers to foster continuous improvement, innovation, and ensure adherence to quality and service agreements.
• Cross-Functional Collaboration: Liaise with key stakeholders across various departments, including Brand & Business Development, Food Safety, Inventory, Marketing, and Operations, to ensure alignment and successful product launches.
• Inventory and Forecast Management: Monitor inventory levels and collaborate with Inventory and Demand Planning teams to align forecasts with trade plans.
• Promotion Management: Manages promotion planning and ensure products sales and penetration

Job Requirements:

• Degree in any discipline
• Experience in the Fast-Moving Consumer Goods (FMCG) industry is advantageous.
• Strong project management skills
• Team player and ability to work collaboratively and build strong relationships with diverse stakeholders.
• Resourceful, problem solver and result oriented
• Ability to run sourcing tender and create clean sheets
• Good understanding of supply chain dynamics, product specifications, quality control, seasonality, cost drivers, and volume fluctuations.
• Strong business acumen and data analytic skills