Product Sourcing Specialist

15 hours ago

Madurai, Tamil Nadu, India beBeeProcurement Full time ₹ 80,00,000 - ₹ 1,50,00,000
Purchase Executive - Nutraceuticals Job Description

The role of a Purchase Executive in the Cosmetics and Nutraceutical Division entails procuring raw materials, packaging items, and other consumables necessary for cosmetic product manufacturing.

  • Responsibilities include ensuring timely procurement, sourcing from approved vendors, maintaining inventory levels, and adhering to regulatory and quality compliance standards.

Educational Qualifications:

  • Bachelor's Degree in Pharmacy, Science, Commerce, or related field is required.
  • A Diploma or certification in Materials Management, Supply Chain, or Procurement is preferred.
  • A Postgraduate Degree (MBA in Supply Chain or Operations) is advantageous.

Key Roles & Responsibilities:

  • Identify and source raw materials, active ingredients, fragrances, and packaging items for cosmetics.
  • Raise and manage purchase orders (POs) in line with production and inventory needs.
  • Coordinate with vendors for price negotiations, lead times, and quality compliance.
  • Evaluate vendor performance based on quality, delivery time, and cost.
  • Maintain records and documentation for audits and quality checks.
  • Collaborate with the QA/QC department to ensure the receipt of materials as per specifications.
  • Track and maintain optimum inventory levels and update the Inventory Management System.
  • Coordinate logistics and follow up for on-time delivery of materials.
  • Support in vendor development and alternative sourcing strategies.
  • Assist in cost-saving initiatives and price benchmarking.

Required Skills & Competencies:

  • Strong understanding of procurement processes in the cosmetics/pharma industry.
  • Knowledge of raw materials used in cosmetics (e.g., emulsifiers, fragrances, preservatives).
  • Familiarity with GMP, FDA, and cosmetic regulatory requirements.
  • Negotiation and vendor management skills.
  • Proficiency in MS Excel and ERP systems.
  • Strong analytical and documentation skills.
  • Time management and ability to multitask in a fast-paced environment.
  • Excellent communication and interpersonal skills.
  • Problem-solving mindset and cost-conscious approach.

Language: English, Hindi, and Marathi (Hindi is Mandatory, Kannada is optional)

Location:

Karnataka, India

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