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- Posted 07 January 2022
- Job type Permanent
- Multinational FMCG company
- Highly progressive and dynamic workforce
- Location: Yangon, Myanmar
The company is a leader in the FMCG Industry with a strong global presence and has been regarded as one of the Best Global Brands. With a strong leadership team in Myanmar, they are now looking for an experienced Head of Procurement to lead and manage procurement activities for the Myanmar market.
Reporting to the Country CFO, the Head of Procurement will be responsible for ensuring timely sourcing of all purchases required for the smooth operation with optimum inventory, negotiating all purchases (Direct/Indirect) at best commercial terms - Price, Payment Terms & Other T & C. This role also includes responsibility to identify opportunities for spends optimization, plan for mitigation of Business Continuity Risk in all sourcing categories.
As part of the senior management team, the Head of Procurement will monitor the production forecast & their sourcing plan relating to optimum inventory. The appointed individual will effectively manage the associated price and other commercial terms to ensure that the spends are in line with the cost savings plan. He/She will also lead procurement analytics to identify opportunities for optimization of spends. As the Subject Matter Expert, he/she must have the ability to analyze macro-economic trends and commodity volatility and create an understanding and knowledge base for decision making for hedging and coverage on commodities and other spends.
Interested candidates must have Bachelor’s Degree in Finance (CA/CPA/MBA) or other related field and at least 10+ years of experience running the Procurement function of a large or mid-sized company. Experience in Finance/ Procurement/Analytics roles in large manufacturing organizations and working in matrixed global environment would be essential. He/She must have knowledge of sourcing and procurement techniques as well as very good English language skills, as the role will routinely interact with foreign counterparts.