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Jaykumarm Mahadik
Manager Packing Material Procurement.
Professional Background
Jaykumar Mahadik is a seasoned procurement and strategic planning professional with a robust background in supply chain management and vendor development. With extensive experience in the procurement of packaging materials and raw materials, Jaykumar has honed his skills in strategically sourcing and supply derisking. He has invaluable expertise in establishing and meeting corporate goals, focusing on both short and long-term budgets to ensure the achievement of organizational aims. In his current role as a Manager of Procurement at Procter & Gamble, Jaykumar plays an instrumental role in production planning, material procurement, and supply chain analysis, ensuring that processes are responsive to demand spikes across multiple plants with domestic purchases.
His strategic oversight extends to cost and budget adherence, supported by diligent monthly and quarterly reviews, and the drawing up of annual purchase budgets for packaging materials. Jaykumar keeps a keen eye on price fluctuations and exchange rates to optimize procurement decisions, thereby enhancing supply chain efficiency and effectiveness.
In addition to his procurement responsibilities, Jaykumar is deeply involved in business development. He is adept at identifying and developing long-term vendor relationships, ensuring that supplier coordination results in repeat and referral material supplies. By conducting thorough analyses of raw materials informed by market trends and competitive movements, he drives competitive pricing strategies that benefit his organization. Utilizing public information along with his extensive personal network, Jaykumar has developed advanced procurement intelligence that bolsters his strategic sourcing capabilities.
Jaykumar is also passionate about team leadership; he leads, trains, and motivates teams to contribute positively while fostering their career development. His emphasis on a collaborative work environment enables teams to flourish, contributing to the overall success of the procurement function.
Education and Achievements
Jaykumar Mahadik's educational background is as diverse as his professional experience. He studied for his Master of Business Administration (M.B.A.) in Operations Management and Supervision through Sikkim Manipal University, a program known for its focus on practical applications in business management. This advanced degree complements his technical expertise in procurement and supply chain management.
In addition, Jaykumar holds a Diploma in Material Management from the Welingkar Institute of Management, further reinforcing his understanding of effective materials handling and strategic sourcing methodologies. He also earned a Bachelor's Degree in Commerce from the University of Mumbai, providing him with a strong foundation in business principles and practices.
Notable Achievements
Throughout his career, Jaykumar has consistently demonstrated his ability to drive organizational success through effective supply chain and procurement strategies. At Procter & Gamble, he has made significant strides in developing processes that effectively manage inventories in multi-plant scenarios, proving himself as a leader in adapting to market demands. His dedication to cost efficiency and budget adherence has resulted in substantial savings for his team and organization.
During his tenure at Merck Group, Jaykumar's strategic vendor development initiatives helped strengthen supplier relationships, ensuring a continuous supply of materials and positively impacting the company's bottom line. His prior role at Glenmark Pharmaceuticals further bolstered his experience in commercial operations, where he fostered collaborations and maintained effective communication with key decision-makers.
In summary, Jaykumar Mahadik is not just a procurement manager; he is a strategic partner and leader in the supply chain domain. His multifaceted expertise, dedication to excellence, and capacity for fostering relationships ensure that he contributes meaningfully to any organization he is part of.
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