Associate Manager - Packaging

Description of the Job:

• Responsible for generating & maintaining a pipeline of ideas for cost optimization, regular spend analysis & cost analysis to prioritize focus areas for cost opportunities
• Identify alternate vendors & sourcing options for the different product categories
• Regular internal and external product benchmarking as well as review of industry and market trends
• Continuous review of vendor cost sheets and computation of should-be costing basis BOM
• Ensure cross-functional coordination and standardization of processes and costs across divisions
• Maintain a cost savings tracker & responsible for validating the actual accruals against accrual plan
• Drive updation of monthly MIS by leveraging commodity & PL team
• Closely work with the PL teams to create implementation plan for the identified initiatives
• Continuously monitor the implementation status and upfront identify any deviations, including root cause analysis and formulation of catch-up plans along with the PL team
• Support in vendor negotiation and personally engage with vendors to support in implementation of value engineering initiatives, on-boarding for e-procurement etc.
• Regular review of the supplier base to define the supplier strategy and drive supplier rationalization as required
• Lead supplier performance reviews & foster improvement of supplier performance