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Company Name : ElasticRun
Location : Indore, Madhya Pradesh
Position : Field Procurement Executive – Staples
Job Description : Job Description
Roles and Responsibilities
Please find below the details as discussed:
Company : ElasticRun
Elasticrun is a Deep-Reach Logistics Platform, unlocking the next wave of consumption in India. It is aggregating kirana stores and other small businesses through mobile technology to create an asset-light logistics network. ElasticRun’s unique model enables its customers to reach consumers who have been inaccessible through traditional logistics networks.In addition to the ability to reach deeper rural areas, ElasticRun offers ‘elastic capacity’ and ‘variable cost’ logisticsnetworks. This enables Elasticrun customers to absorb the high volatility in demand and scale seamlessly on a variable cost model.Elasticrun is a key player to service the low-density areas of India. Through its network, ElasticRun platform would channel trade, finance and data of $500 bn consumption in India. It aspires to become the default enabler of Infrastructure for Indian consumption.
Sourcing Strategy & Origin source location development to make the right Supply chain across FMCG commodities and to develop quality suppliers
Monitoring development program for Suppliers and training them for future business
Bringing right & effective systems and process withinProcurementfunction for better productivity and efficiency.
Supply Chain Management – Planning & Replenishment of products on a day-to-day basis.
Responsible forProductP/L-To deliver the category financial metrics of Sales,Margins, Inventory turns andmanagingItem count. Also managing volatility & monitoring Price movement, Market value at Risk and Quality of Inventory.
Bottom Line responsibility- Managing Cost centre by collaborative approach with the Cross functional team and Supplier partners
Frequent market working with Salesteam to make knowledge transfer in terms of Products, Quality / Grades/ Specs to build the trust & confidence
To Ensure minimal conflict within the team on prices and Quality by fixing price gap on the ground, Finalization of relevant Marka/ Brand for relevant Categories
Improve Working Capital efficiency, negotiate higher Vendor Credit days, Lowering DOH by MOQ reduction, Control and betterOrdering mechanism
Team development & management
Kindly confirm if you would be interested and feel free to call for any query.
Role:Buyer / Senior Buyer
Salary: Not Disclosed by Recruiter
Functional Area:Procurement & Supply Chain
Role Category:Procurement & Purchase
Employment Type:Full Time, Permanent
ElasticRun is a Kirana Commerce Platform. It enables businesses to reach small Kirana stores in the deep rural parts of India.
ElasticRun acts as an extended arm of FMCG companies’ direct distribution networks in the rural area to provide a set of net new customers to the FMCG companies. It has been helping eCommerce companies reach the customers in far flung areas through its network of rural Kirana stores. ElasticRun brings banks and financial institutions closer to a new set of underserviced SME customers from its rural Kirana network. ElasticRun has been harnessing the data generated from its platform to help its customers sharpen their marketing plans.
ElasticRun achieves deep reach through its technology platform. This technology enables a “no capex” and “variable cost” crowdsourced logistics network. Further, by building the technology platforms for transactions, credit and data analytics, ElasticRun intends to become the de facto channel for Indian businesses to reach the under-serviced rural markets.
Through its rural Kirana network, ElasticRun platform would channel trade, finance and data of $600 Bn consumption in India.
ElasticRun was founded by Sandeep Deshmukh, Shitiz Bansal and Saurabh Nigam in 2016. It is backed by Kalaari Capital, Avataar Ventures, Naspers and Schroder Adveq.
Recruiter Name:Maithili ParabContact Company:ElasticRunTelephone:+91-XXXXXXXXXXWebsite:http://careers.elastic.run
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