Procurement Executive

Job Description

Job Title: Procurement Executive Location: Kudlu Gate, Bangalore Industry: FMCG – Food Manufacturing Reporting To: Procurement Lead Job Overview: We are looking for a dynamic and experienced Procurement Executive to lead our sourcing and procurement operations in Bangalore. The ideal candidate will have a strong background in food manufacturing procurement, vendor management, and cost optimization. This role is critical in ensuring a smooth supply of raw materials, packaging, and indirect goods/services in alignment with our production and quality standards. Key Responsibilities: 1. Strategic Sourcing & Vendor Management Identify, evaluate, and develop a reliable vendor base for raw materials, packaging materials, and indirect supplies. Negotiate long-term contracts to ensure competitive pricing and service levels. Monitor supplier performance and drive improvements in quality, delivery, and cost. 2. Operational Procurement Raise and manage Purchase Orders (POs) based on inventory and production schedules. Collaborate with stores and production teams to ensure timely deliveries and stock accuracy. Coordinate with QA/QC for material quality verification before acceptance. 3. Cost Optimization & Compliance Drive cost reduction initiatives across procurement categories without compromising on quality. Maintain strict adherence to food safety and procurement compliance protocols (FSSAI, ISO, etc.). Manage procurement documentation, contracts, and reports in line with audit requirements. 4. Forecasting & Demand Planning Work closely with planning and production teams to forecast raw material and packaging needs. Ensure procurement aligns with demand cycles and promotional plans to avoid stockouts or excesses. 5. Risk & Inventory Management Monitor market trends and risks related to commodity pricing and availability. Ensure safety stock levels for high-risk items and maintain inventory accuracy. Requirements: Bachelor’s degree in Supply Chain, Engineering, or a related field. MBA preferred. 1+ years of experience in procurement in the FMCG/Food Manufacturing sector. Strong negotiation and vendor management skills. Understanding of food safety compliance and sourcing standards. Key Result Areas (KRAs): On-time procurement rate (OTPR) aligned with production schedules. Supplier performance and compliance scorecard. Procurement cycle time and process adherence. About Lo Foods Lo Foods is more than just a brand; it's purpose-driven with a clear mission: to provide low-carb functional foods to 100 million Indians by 2030. We believe that food is at the core of who we are - after all, we are what we eat. India currently faces an epidemic of chronic diseases, many driven by our eating habits. Instead of viewing food solely as a means to prevent illness, we harness its power to improve and manage specific health conditions. At Lo Foods, we provide low-carb alternatives to traditional Indian foods, preserving flavours while addressing health concerns. Our three brands support this mission: Keto Smart - Low-carb products for the Keto lifestyle. Protein Chef - Ensuring every home is protein-sufficient and promoting healthier living. DiabeSmart - Making diabetes management easier while enhancing the pleasure of food. Job Type: Full-time Pay: ₹17,000.00 - ₹20,000.00 per month Work Location: In person