Manager - Commercial (Costing)
1 week ago
Key Responsibilities
1. Operational ExcellenceRegulatory Related Activity- Ensure compliance with NPPA, NLEM, and DPCO rules and regulations.
- Stay updated on relevant laws and bylaws, informing concerned departments of any changes.
- Coordinate with internal teams to implement regulatory requirements effectively.
- Support procurement decisions by identifying cost-effective manufacturing sites for products.
- Conduct cost comparisons among different vendors and alternate API sources to optimize spending.
- Ensure maximum cost savings and operational efficiency through thorough financial analysis.
- Provide timely preliminary data for outsourcing and own-manufactured products by November-end of the previous year.
- Streamline the finalization of finished products for effective cost control.
- Optimize plant revenue and standard budget costing through accurate planning.
- Identify products for cost benefits by shifting production locations where feasible.
- Analyze yield variance (standard vs actual) and compare single-line product costs with vendor quotes.
- Negotiate API rates with approved vendors to optimize procurement costs.
- Ensure accurate reporting of yield variance and assay (quantity) variance across all loan license and own plant locations.
- Generate detailed MIS reports for financial planning and decision-making.
- Manage the release of payments and ensure timely payment recovery.
- Reconcile short receipt of payments and address discrepancies.
- Work closely with finance teams to resolve outstanding account-related issues.
- Manage central warehouse (CWH) operations efficiently.
- Optimize PO creation and handle quantity adjustments as needed.
- Resolve issues related to rates, MRP discrepancies, and vendor coordination.
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