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Velnik India

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2 Velnik India Commercial Manager Jobs

Commercial Manager

8-13 years

Indore, Madhya pradesh

1 vacancy

Commercial Manager

Velnik India

posted 7d ago

Job Role Insights

Fixed timing

Job Description

Department: Commercial

Reporting To: Managing Director

Experience Required: 8-15 years in the FMCG, Personal Care, or Cosmetics Manufacturing Industry is preferred but we are open to reviewing profiles from all the trades.

Qualification: MBA/PGDM in Supply Chain, Finance, or relevant field preferred or relevant experience is required

Compensation: As per industry standards

We are looking for a Commercial Manager to oversee the commercial operations, procurement, vendor management, and cost optimization strategies, ensuring seamless coordination between supply chain, finance, and manufacturing teams.

Key Responsibilities:

1. Commercial & Procurement Strategy:

  • Develop and implement effective commercial strategies to optimize costs while ensuring highquality procurement of raw materials and packaging.
  • Negotiate contracts, agreements, and pricing with vendors, suppliers, and service providers to drive profitability.
  • Monitor market trends, supply chain disruptions, and competitor pricing to maintain a costefficient procurement process.

2. Vendor & Supplier Management:

  • Identify, evaluate, and onboard new suppliers & vendors for raw materials, packaging materials, and outsourced manufacturing.
  • Ensure timely procurement and maintain strong relationships with key suppliers to mitigate supply chain risks.
  • Conduct regular supplier performance evaluations and audits to ensure compliance with company standards and ethical sourcing policies.

3. Cost Control & Budgeting:

  • Drive cost optimization initiatives across procurement, supply chain, and logistics.
  • Develop and maintain budgets, ensuring commercial operations align with the company's financial objectives.
  • Implement strategies for inventory cost control, minimizing excess stock and wastage while ensuring production continuity.

4. Compliance & Risk Management:

  • Ensure all commercial operations comply with statutory regulations, tax laws, and legal guidelines (GST, Customs, Excise, etc.).
  • Mitigate financial and contractual risks by ensuring adherence to commercial agreements, SLAs, and payment terms.
  • Collaborate with legal and finance teams to resolve contractual disputes and commercial claims.

5. Logistics & Supply Chain Coordination:

  • Work closely with the supply chain & warehouse teams to optimize procurement planning, delivery schedules, and logistics efficiency.
  • Oversee import/export operations, ensuring compliance with customs and trade regulations.
  • Identify bottlenecks in the supply chain and implement corrective measures for on-time availability of materials.

6. Team Leadership & Cross-Functional Collaboration:

  • Lead and mentor a team of procurement and commercial executives, fostering a highperformance culture.
  • Collaborate with Production, Finance, R&D, and Sales teams to align commercial strategies with business goals.
  • Ensure seamless coordination with the Plant & Warehouse teams to prevent disruptions in production.

Key Skills & Competencies:

  • Strong negotiation & contract management skills.
  • Expertise in FMCG Procurement, Costing & Supply Chain.
  • Knowledge of GST, taxation, and regulatory compliance.
  • Ability to analyze market trends, pricing strategies, and supplier dynamics.
  • Proficiency in ERP systems (SAP, Oracle, or similar) & Excel.
  • Excellent communication, leadership, and stakeholder management skills.
  • Ability to work in a fast-paced & result-oriented environment.

Preferred Experience:

  • 8-15 years of experience in the FMCG, Personal Care, or Cosmetics manufacturing industry.
  • Prior experience in raw material & packaging procurement, vendor management, and cost control.
  • Hands-on experience in import/export regulations, logistics coordination, and tax compliance.

Employment Type: Full Time, Permanent

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What Commercial Manager at Velnik India are saying

Commercial Manager salary at Velnik India

reported by 1 employee with 19 years exp.
₹9.9 L/yr - ₹12.7 L/yr
At par with the average Commercial Manager Salary in India
View more details

What Velnik India employees are saying about work life

based on 210 employees
66%
93%
41%
99%
Strict timing
Monday to Saturday
Within city
Day Shift
View more insights

Velnik India Benefits

Health Insurance
Free Transport
Job Training
Free Food
Soft Skill Training
Cafeteria +6 more
View more benefits

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Commercial Manager

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7d ago·via naukri.com

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