Purchase Executive

Job Title: Purchase 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: ₹18,000.00 - ₹25,000.00 per month