Sr. Manager Raw Material procurement
3 weeks ago
Our company is seeking a skilled Ingredient Sourcing and Supplier Management professional to join our team. The ideal candidate will be responsible for sourcing raw materials and ingredients required for the formulation of personal care products.
Responsibilities:- Identify, evaluate, and onboard new suppliers to ensure a diverse and cost-effective supply chain.
- Maintain and manage relationships with existing suppliers for timely procurement of quality ingredients.
- Negotiate pricing, lead times, and contract terms with suppliers to achieve cost efficiency.
The successful candidate will also be responsible for monitoring and tracking inventory levels of ingredients to ensure uninterrupted production.
- Collaborate with the production team to forecast ingredient requirements and avoid stockouts.
- Maintain optimal inventory turnover ratios by ensuring timely restocking and managing shelf life.
We are looking for a professional who can ensure that all procured ingredients comply with quality standards, safety regulations, and industry guidelines.
- Conduct supplier audits and monitor the quality control processes to ensure product safety and integrity.
- Keep updated on changes in regulations related to raw materials for personal care products.
The selected candidate will be responsible for developing and managing procurement budgets.
- Monitor market trends to identify opportunities for cost-saving measures.
- Analyze historical data to predict future ingredient needs and optimize purchase decisions.
We require a professional who can collaborate with the R&D and product development teams to source specific ingredients required for new formulations.
- Assist in testing and selecting alternative ingredients when needed, ensuring they meet the desired product standards.
The ideal candidate will be responsible for placing purchase orders based on production forecasts and ingredient requirements.
- Coordinate with suppliers for timely delivery, managing any potential delays or issues.
- Work closely with the logistics team to ensure smooth import/export processes, where applicable.
We need a professional who can maintain accurate records of all procurement transactions.
- Track ingredient specifications, certifications, and batch release data for compliance purposes.
The selected candidate will be responsible for staying informed about global market trends for personal care ingredients.
- Provide insights into new ingredient sourcing opportunities and advancements in sustainable sourcing.
To be successful in this role, you will need to have a Bachelor's degree in Supply Chain Management, Business Administration, Chemistry, or a related field.
- 8-14 years of experience in procurement or sourcing in the personal care or cosmetics industry.
- Strong understanding of ingredients used in personal care products.
- Familiarity with global ingredient regulations and quality standards.
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