• Application Deadline:
• Position: Materials Manager



• Job Type Full Time



• Qualification BA/BSc/HND , MBA/MSc/MA



• Experience 7 years



• Location Lagos




• Job Field Procurement / Store-keeping / Supply Chain 
  
  

About the job

• The ideal candidate is responsible for developing and implementing a supply strategy that delivers the lowest total cost, reduces inventory, and maximizes customer satisfaction through world class service.

DUTIES & RESPONSIBILITIES

• Generate material requirement plan and share material volume allocation to vendors.


• Analyze data or insights to determine industry trends regarding the category.


• Overseeing a team of category buyers and other support staff


• Build and drive relationships with key vendors to improve pricing and quality of services.


• Proactively monitoring the category and manage risk responsibly.


• Manage inventory risk and ensure that contingency plans are always in place.


• Foster strong relationships with internal stakeholders and build their requirements into procurement strategy.


• Assess volume requirements against planning assumptions.


• Conduct category price analysis and benchmarking and explore cost savings opportunities.


• Seek and provide solutions to overcome issues in order to meet production requirements and address operational risks.


• Developing sustainable and ethical sourcing strategy and monitor implementation in sync with the Business procurement policy.


• Manage inventory levels to ensure ready availability of materials to meet planned / unplanned production targets.


• Drive a culture of proactive problem solving and continuous improvement.

KEY PERFORMANCE INDICATORS

• Zero Stock Out


• Procurement savings


• Purchase price variance analysis


• Category Spend Savings / Value Analysis


• Percentage of procurement spend to company revenue.


• Target Stock Holding %: Forte 95% | Emerging 90% | BTL 85%


• Suppliers Compliance Rate - Establish a system of evaluating the quality of suppliers backed with data and analytics. Set clear goals and monitor the performance of suppliers in detail.


• Spend Under Management – Tracking and optimization of expenditures by negotiating a volume discount.

JOB REQUIREMENTS

• Good University degree (BSc/HND/MBA/MSc ) in Industrial/ Production Engineering, Operations Management, Procurement & supply.


• Minimum requirement: 7 years practical experience with FMCG or high pace manufacturing environment.