We are currently looking for a Manager Vendor Development and Contracting for the topmost Personal Care products and Cosmetics Conglomerate in India. The position is to be based in Kolkata.

Company Profile :

Our client is the topmost FMCG Groups of India and is an integrated and diversified group. With a market capitalisation of over US $ 50 billion and a turnover of US $ 10.0 billion, it is Rated among the World's Leading Companies by Forbes magazine. It employs the best talent in India and is one of the best FMCG employers to work for.

Job Summary:

TheManager - Vendor Development and Contracting will be responsible for identifying, developing, and managing vendors to ensure the supply of high-quality materials and services for Personal Care Business. This role involves strategic sourcing, negotiation, and contract management to optimize costs, improve supplier performance, and mitigate risks.

Key Responsibilities:

1. Vendor Development:

- Identify and evaluate potential vendors for raw materials, packaging, and other services required for the personal care products.

- Conduct thorough assessments and audits of potential suppliers to ensure they meet company's quality, ethical, and sustainability standards.

- Develop and maintain strong relationships with key suppliers to ensure continuous improvement and innovation.

2. Strategic Sourcing:

- Lead the sourcing strategy for personal care product components, ensuring alignment with business goals and objectives.

- Analyze market trends, supply chain risks, and opportunities to develop strategies for cost reduction, quality improvement, and supply chain reliability.

- Collaborate with cross-functional teams (R&D, Quality, Production, Marketing) to understand and fulfill material and service requirements.

3. Contract Management:

- Negotiate and draft contracts with suppliers to secure favorable terms, conditions, and pricing.

- Ensure contracts are comprehensive and include key performance indicators (KPIs) and service level agreements (SLAs) to measure supplier performance.

- Monitor contract compliance and manage renewals, amendments, and terminations as necessary.

4. Supplier Performance Management:

- Implement supplier performance management processes, including regular reviews, performance metrics tracking, and corrective action plans.

- Address and resolve supplier performance issues promptly to minimize impact on production and product quality.

- Foster a culture of continuous improvement with suppliers through feedback, training, and collaborative problem-solving.

5. Risk Management:

- Identify and mitigate risks in the supply chain, including potential disruptions, quality issues, and compliance concerns.

- Develop and maintain contingency plans to ensure business continuity in case of supplier failures or emergencies.

- Ensure compliance with all relevant regulations, standards, and corporate policies.

6. Cost Management:

- Drive cost-saving initiatives through effective negotiation, value analysis, and alternative sourcing strategies.

- Monitor and report on cost trends, savings achieved, and opportunities for further cost reduction.

Qualifications:

- Experience: Minimum of 5-8 years of experience in vendor development, strategic sourcing, and contract management, preferably in the personal care, FMCG, fragrancing or chemical industry.

- Strong negotiation and contract management skills.

- Excellent analytical and problem-solving abilities.

- Proven ability to manage multiple projects and priorities simultaneously.

- Strong communication and interpersonal skills.

Location: Kolkata

Salary: Rs. 25.0 to 28.0 Lpa