21 Sep
|
Idam Natural Wellness
|
Mumbai
21 Sep
Idam Natural Wellness
Mumbai
Job Summary
We are looking for a Senior Executive Packaging Procurement who will be responsible for end-to-end procurement of packaging materials, ensuring timely availability, optimum cost, quality compliance, and effective vendor management. The role will work closely with NPD, R&D;, Quality, Planning, Production, and other cross-functional teams to support new product launches and ongoing business requirements.
Key Responsibilities
- Manage end-to-end procurement of packaging materials such as bottles, jars, tubes, caps, closures, pumps, labels, cartons, mono cartons, corrugated boxes, laminates, films, and other packaging components.
- Identify, evaluate, and develop reliable suppliers based on quality, cost, capacity, lead time, and service levels.
- Float RFQs, negotiate commercial terms, finalize rates, and release purchase orders as per business requirements.
- Ensure timely procurement and availability of packaging materials to avoid production or dispatch delays.
- Work closely with NPD, R&D;, Quality, Production, Planning, and Design teams for new packaging development and product launches.
- Coordinate with vendors for samples, prototypes, trials, approvals, artwork, specifications, and commercial finalization.
- Drive cost optimization through vendor negotiations, alternate vendor development, value engineering, MOQ optimization, and material standardization.
- Monitor vendor performance related to quality, delivery, lead time, rejection, responsiveness, and cost.
- Maintain and regularly update vendor database, rate contracts, comparative statements, and procurement trackers.
- Coordinate with Quality and vendors for resolution of packaging quality issues, rejections, and corrective actions.
- Track open POs and ensure timely delivery as per production and launch plans.
- Support new vendor development and alternate source identification to reduce dependency and supply risk.
- Analyze procurement spend and identify opportunities for cost savings and process improvement.
- Ensure procurement activities are aligned with company policies, approval processes, and compliance requirements.
- Maintain proper documentation related to vendor quotations, negotiations, POs, specifications, and commercial agreements.
Key Skills & Competencies
- Strong knowledge of Packaging Procurement / Strategic Sourcing.
- Hands-on experience in sourcing packaging materials for FMCG, Cosmetics, Beauty & Personal Care, Pharma, or similar industries.
- Good understanding of packaging materials, specifications, manufacturing processes, and quality parameters.
- Strong vendor negotiation and relationship management skills.
- Good understanding of RFQ, comparative analysis, costing, PO processing, and commercial negotiations.
- Solid analytical and problem-solving skills.
- Good communication and stakeholder-management skills.
- Ability to manage multiple projects and priorities simultaneously.
- Good working knowledge of MS Excel / ERP / SAP and procurement systems.
Preferred Experience
Candidates from industries such as:
- FMCG
- Beauty & Personal Care
- Cosmetics
- Pharma
- Consumer Durables / Consumer Goods
- E-commerce / D2C Brands
- Packaging Manufacturing
Key Performance Indicators (KPIs)
- Packaging material availability as per requirement
- Cost savings / cost optimization
- Vendor delivery adherence
- Vendor quality performance
- New vendor development
- PO and procurement TAT
- Reduction in supply disruptions
- NPD / new packaging launch timelines
📌 Senior Packaging Procurement Executive (Mumbai)
🏢 Idam Natural Wellness
📍 Mumbai