Product Costing, Techno Commercial - Contract Manufacturing

Department Icon Product Management
Posted: 1 year ago
5-10 years
Paonta Sahib
Product Management
work from office
Full Time

Posted: 1 year ago
Let Jobaaj One apply for you

An AI agent that applies to roles like this on employers' own sites. 25 applications free, no card needed.

Job Description
About Company
Similar Jobs
Please verify your account first! Send OTP

Posted over 15 days ago, so the role may have closed. Confirm on the employer's page when you apply, or see similar jobs.

Job Description

Location: Paonta Sahib (Himachal Pradesh)

Experience: 58 years

Education: Bachelor’s in Pharmacy, Food Tech, Engineering, Finance, or related field (Master’s preferred)

About the Role

Are you passionate about sourcing innovation and building strategic partnerships? We’re looking for a dynamic Assistant Manager – Contract Manufacturing Sourcing to join our growing team. In this role, you’ll lead the charge in identifying and onboarding top-tier manufacturing partners for Nutraceuticals and Personal Care products, drive cost efficiencies, and manage end-to-end sourcing for new product development.

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

Join a newly rebranded Global Product Sourcing team with 50+ sourcing professionals worldwide. We’re redefining sourcing through global category expertise, innovation, and collaboration—delivering exceptional value to our brands and customers.

Skills

NegotiationCostingSourcingCost ReductionProcurementStrategic SourcingPurchaseZero Based CostingAgreementsContractsLegalReporting

If a job posting appears fraudulent, asks for payment, contains misleading information, or violates our guidelines, please report it immediately. Our team will review it promptly, Jobaaj does not charge any fee from the applicants.

About Company

Herbalife International India Pvt. Ltd., a subsidiary of the global nutrition giant Herbalife, operates with a mission to improve nutritional habits around the world with great-tasting, science-backed nutrition products that help people get the right balance of healthy nutrition. Founded on the principle that the foundation to a longer, healthier life begins with the right nutrition and lifestyle, Herbalife India offers a wide range of products that include protein shakes, vitamins, and dietary supplements, along with personal care products. These products are available exclusively through a network of independent distributors, providing personalized guidance and support to customers on their journey towards wellness. Herbalife's commitment to quality and sustainability is evident in their seed to feed strategy, ensuring high standards throughout the product development lifecycle. With a strong emphasis on community building and a vibrant corporate social responsibility agenda, Herbalife International India Pvt. Ltd. stands as a beacon of wellness advocacy, promoting a healthier, more active lifestyle across the nation.

Read More

Similar Jobs

View all
Loading...

Looking for something similar?

Bag Logo
Jobaaj
Get jobs like this by email

New Product Management roles in Paonta Sahib.

Job Alert
Google hiring for Specific Roles Apply Now!
1 min ago
New Opportunity
Amazon is hiring freshers Apply Now!
5 min ago
Featured Jobs
Microsoft opening 50+ positions Apply Now!
10 min ago

One email a day. Unsubscribe any time.