Senior Specialist - Procurement Mindsprint

4.0 - 8.0 years

4 - 7 Lacs

Chennai

Hybrid

Job Summary: We are seeking a proactive and experienced Tactical Procurement professional to support our Procurement team in New Product Development (NPD) initiatives. The ideal candidate will be responsible for managing all procurement-related activities for new products, from the initial feasibility stage through to the first commercial production run. This role requires close collaboration with cross-functional teams, effective vendor management, and strong analytical skills to ensure timely and cost-effective sourcing of materials and components for innovative new products. Job Description: Project Management & Coordination Participate in daily and weekly NPD meetings to track progress of each product in development Track progress of projects and take necessary procurement actions based on project status and timelines Manage multiple NPD projects simultaneously, maintaining clear documentation and communication Support project transitions from development to commercial production Coordinate with cross-functional teams to ensure procurement activities align with project timelines Sourcing and Vendor Management: Gather detailed product specifications, demand forecasts, and MOQ requirements after stage gate reviews Identify and contact appropriate vendors to gather quotes, pricing, and commercial terms Conduct secondary research to identify new potential vendors when needed Build and maintain vendor relationships through effective networking and communication Coordinate with vendors for sample production, trial orders, and commercial production Cost Analysis & Quotation Management: Analyse vendor quotations to dissect cost elements and understand detailed cost structures. Provide regular cost analysis reports to support decision-making during development Understand the cost drivers for key commodities and components relevant to packaging products. Submit vendor pricing and cost breakdowns to internal teams for product cost buildup. Sample & Trial Coordination: Coordinate sample sharing between vendors and internal teams for evaluation and approval Support trial production runs by ensuring materials availability and vendor coordination Troubleshoot any procurement-related issues during trial and initial commercial production Profile Description: Required Qualifications Experience in procurement, preferably in a product development environment Bachelors or Master’s degree in any discipline; specialization in Supply Chain Management, Engineering, Food & Agribusiness, or relevant areas is desirable Excellent communication skills (both written and verbal) in English and interpersonal abilities Proficiency in MS Office suite (especially Excel and PowerPoint) and experience with SAP Strong analytical and problem-solving skills with ability to manage multiple projects simultaneously Experience working with cross-functional teams and managing multiple stakeholders Strong organizational skills with a proven track record of multitasking across complex projects Desired Skills & Attributes Knowledge in packaging products and materials Ability to work in US shift hours Flexibility with work duties and scope Detail-oriented with excellent organizational skills Self-motivated with ability to work under pressure and meet deadlines Experience in cost analysis and breakdown

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