Jaykumarm Mahadik

About Jaykumarm Mahadik

I am an accomplished professional delivering 20.5 years of career success in setting up & delivering innovative Sourcing & Procurement solutions for packaging & raw materials and consistently achieving revenue, profit & business growth objectives in rapid-change environments. My dexterity lies in Procurement, Sourcing Strategy, Procurement Planning, Process Optimization, Vendor Relations, Inventory Management, Annual Budgeting, Innovation & Sustainability Development, CSR, Contract Management & Negotiations, Sourcing, Value Engineering, Staff Development and Organizational Leadership across Pharma & FMCG sectors domain. Demonstrated excellence in material planning & procurement, tracking proper schedule of operations; expert in cross-functional activities via Purchase & Materials, Sales, Distribution, Quality Departments to improve OTIF (On Time in Full) performance. Over the time, I have proved my excellence in identifying & developing potential vendors/suppliers for achieving cost-effectiveness; assessing performance of the vendors based on their competitiveness and reaction capabilities. Track record in procuring Packaging Materials, Raw Material, General and Stationary Items. Achievement : • Outstanding at end-to-end Contracts Management functions starting from vendor development, tender drafting, bidding, negotiation, contract drafting to contract closures and beyond • I’ve successfully managed overall operations and enhancing the operational efficiency by eliminating obsolescence and achieving the cost reduction through vendor development, curbing rework & rejection, materials management and inventory control

Experience

1. Sr Manager-sourcing (Packaging)

   Procter & Gamble

   Sep 2014 — Present · Mumbai, IN

   Leading entire team of contracts & procurement and managing entire contracts & procurement functions from tender drafting to reward of contracts while ensuring Procurement Governance in the organization\\\\n• Devising sourcing strategy for supply security; drafting Supply agreement with vendor for supply security & rate security\\\\n• Identifying & developing alternate new vendors to get the best materials at best rates & to overcome single source\\\\n• Ensuring the procurements of finished products from right supplier with effective costing and right quality in right time\\\\n• Working closely with the Regulatory, Quality, & Packaging Development Team for the new specifications creation & new developments\\\\n• Ensuring timely payments to the suppliers and seamless delivery of priority items in close coordination with respective departments\\\\n• Preparing costing of Carton, Leaflet, Label & Corrugated Box and accordingly negotiating & comparing quotations received from vendors\\\\n• Executing projects in procurement to optimize cost (freight cost, contractual labor cost and material cost), facilitating resource requirement, developed suppliers and creating capability to deliver required material with ease\\\\n• Preparing annual budgets, monthly MIS and tracking price trend of market\\\\n• Floating RFQ and selection of vendors based on quality, service and cost and collecting samples from selected vendors for approval\\\\n• Following purchasing and contract management instructions, policies, and procedures; preparing MIS reports with a view to appraise top management and users of the routine inventory management activities\\\\n• Establishing & nourishing day-to-day relationship with vendors; identifying & developing alternate vendor source for localization, reduction in delivery time and improved consistency in quality & competition among vendors\\\\n \\\\n\\\\n \\\\n \\\\n\\\\n \\\\n

Education

• University of Mumbai

  Bachelor's Degree, Commerce, II

  1997 — 2001

• Welingkar Institute of Management

  Diploma in Material Management

  2008 — 2010

• Sikkim Manipal University - Distance Education

  Master of Business Administration (M.B.A.), Operations Management and Supervision

  2010 — 2012