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Herbalife International
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Product Costing, Techno Commercial - Contract Manufacturing

Product Costing, Techno Commercial - Contract Manufacturing

Herbalife International

5 - 10 years

11 - 15 Lacs

paonta sahib

Posted:14 hours ago| Platform:

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Skills Required

negotiation costing sourcing cost reduction procurement strategic sourcing purchase zero based costing supplier rfq

Work Mode

Work from Office

Job Type

Full Time

Job Description

Location:

About the Role

Assistant Manager – Contract Manufacturing Sourcing

What You’ll Do

Strategic Sourcing & Cost Negotiation with contract manufacturers

Lead open-book costing discussions with third party manufacturers.
Benchmark and negotiate competitive pricing without compromising quality
Drive cost-saving initiatives through alternate sourcing ,scale efficiencies , yield recovery , waste management etc.
Conduct quarterly / half yearly business review meetings and publish Supplier Performance scorecard
Detailed analysis of the conversion cost – ground verification of each cost elements

Contract Manufacturer Development

Identify and evaluate new third-party manufacturers in Food and Nutraceutical category aligned with business goals
Conduct technical, quality, and commercial due diligence of new potential contract manufacturer
Maintain a robust vendor database by category and capability
Conduct market research on new products concepts aligned with business strategy

Contract & Agreement Management

Negotiate third party contract manufactuer supply agreements, development contracts, and NDAs
Monitoring agreement records , work to bring the industry best practices for the agreement compliance.
Ensure compliance by collaborating with Finance, Legal, Quality Assurance, Quality Control and Regulatory teams

Cross-Functional Collaboration

Partner with internal teams across the sourcing lifecycle
Facilitate vendor meetings and resolve technical/operational challenges

Reporting & Analytics

Maintain sourcing trackers and dashboards
Present insights on vendor performance, cost matrices, and risk areas
Should be expert in Microsoft Excel and PowerPoint presentations

What Makes This Team Special

Global Product Sourcing

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