POSITION SUMMARY STATEMENT:
The position should have strong packaging category exposure. He/She will support, align, and partner with multiple teams (Operations, Packaging Engineering, Finance, Planning) to develop and execute category sourcing strategies, deliver savings/value to the organization.
Key job responsibilities:
Sourcing Management
- Drive commercial relationships with suppliers, with a principal objective of achieving optimal cost and performance.
- Develop and executeprocurement strategies to achieve long term savings.
- Supplier Selection based on pricing, quality, reliability, and ethical standards.
- Cope up with any changein forecasts based on changingmarket conditions and emerging trends.
- Managing procurement activities front lead for RFQ, supplier Due diligence, supplier selection, negotiations, contract management.
- Periodic reviewed of material prices as per supply agreement terms and timely revision of prices and communication to operations team on change effective date.
- Margin Optimization throughOpen book Cost Negotiation.
- Negotiationof commercial agreements with suppliers.
- Emphasizingproduct quality and regulatory standards.
- Supplier Relationship Management: Build and maintain strong relationships with suppliers to foster collaboration, resolve issues, and ensure a reliable supply chain.
- Site visit of existing potential suppliers.
- Agreement and Contractmanagement
Vendor Performance Evaluation.
- Quarterly review of vendor performance and publish dashboard.
- Lead supplier performance management; including improving sustainability & social responsibility.
- Analyzing vendor related facts like cost vs quality, long term stability, and ability to deliver/service on time.
- Plan regular meetings with supplier to share the performance report and follow-up of improvement plan.
New vendor development
- Identify potential supplier and benchmark with global supplier.
- Attending related exhibition / seminars to develop new vendor base.
- Supplier assessment based on cost, quality, reliability, due diligence, and logistics terms.
Cross-Functional Collaboration
- Coordinate and collaborate with global/local teams to deploy and manage the implementation of defined strategies.
- Collaborate with cross functional team global/local on artwork change and follow-up on approvals.
- Coordinate and manage end to end communication with supplier and with cross functional team for trials at sites till implementation of commercial supplies.
Expertise we are looking:
- Master in Packaging category Rigid, flexible and paper.
- Projects implemented in packaging for Sustainability under plastic and paper or value engineering.
- Should know about packaging regulation, plastic waste management and requirement of central pollution control board registration in packaging supply.
- Understanding on recycling and EPR credit.
To succeed in this role, we will need you to have:
- Preference for candidates with a further degree and Post graduation in packaging or MBA
- At least 5 years of relevant experience.
- An excellent track record of delivering “best in class results”.
- Successful experience of leading cross functional teams that focus on the lowest total cost of ownership as a key target.
- Experience in companies (ideally FMCG or Pharmaceuticals)
- Excellent communication and influencing skills.
- The ability to thrive with ambiguity, change and minimum processes and systems.
