
Strategic Procurement Specialist
7 days ago
Procurement Manager is sought to lead end-to-end vendor and supply chain processes for a fast-growing health supplements, cosmetics, food & nutraceuticals brand.
- Responsibilities:
- Identify reliable vendors and onboard them through factory audits, background checks, and capability assessments.
- Work with third-party manufacturers and private label partners to develop new products while ensuring compliance with formulations, packaging, quality standards, and regulatory norms.
- Lead procurement, including RFPs, RFQs, and tender processes. Negotiate pricing, credit terms, lead times, and minimum order quantities (MOQs) to drive cost optimization while maintaining consistent supply and vendor loyalty.
- Ensure all vendors meet regulatory certifications and quality standards (FSSAI, GMP, ISO, FDA, Ayush, etc.). Liaise with internal QA/RA teams to manage documentation, product testing, and statutory compliance before marketplace listings.
- Partner with New Product Development (NPD), R&D, Quality, Operations, and Marketing teams to bring new SKUs from concept to commercialization.
- Work with logistics and supply chain teams to ensure timely inbound delivery, warehousing, and outbound movement of raw materials, packaging, and finished goods.
- Maintain strong relationships with strategic vendors. Monitor vendor performance using KPIs (on-time delivery, cost competitiveness, quality, and compliance).
- Continuously benchmark raw material and packaging costs across vendors to reduce procurement costs without compromising quality or speed.
- Develop backup vendor options and alternate sourcing strategies to reduce dependency and mitigate risks of supply disruptions, price fluctuations, or regulatory changes.
- Requirements:
- 4–10 years of experience in sourcing/procurement/vendor management in FMCG, cosmetics, nutrition, personal care, or consumer goods industries.
- Proven track record in negotiating with third-party manufacturers, private label suppliers, and raw material vendors.
- Strong knowledge of procurement processes, supply chain operations, and vendor compliance.
- Exposure to certifications/regulatory requirements (FSSAI, GMP, ISO, FDA, etc.) is a plus.
- Strong commercial acumen, analytical mindset, and relationship management skills.
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