Materials Manager at Grand Oak Limited (GOL)

Grand Oak Limited (GOL) is part of a team committed to working together across companies. Only by sharing ideas, technologies and talents can the Group achieve and sustain profitable growth Keeping Commitment. We believe that following through on promises is the best way to maintain credibility with colleagues, employees and customers Continuous Improvement.

We are recruiting to fill the position below:

Job Title: Materials Manager

Location: Lagos
Employment Type: Full - time

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 and 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.

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.

Application Closing Date
Not specified.

How to Apply
Interested and qualified candidates should send their Resume / CVs to: [email protected] using the job title as the subject of the mail.