Chief Procurement Officer

6 days ago

India beBeeProcurement Full time ₹ 9,00,000 - ₹ 12,00,000
Purchase Manager Role Overview

The role of Purchase Manager is pivotal in the cosmetics and nutraceutical division of a pharmaceutical company, where timely procurement of raw materials, packaging items, and other consumables required for cosmetic product manufacturing are ensured.

Maintaining inventory levels, adhering to regulatory and quality compliance standards, sourcing from approved vendors, and aligning with production schedules are key responsibilities of this position.

  • 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.
    • Ensure adherence to procurement policies, SOPs, and applicable regulatory guidelines.
    • Maintain records and documentation for audits and quality checks.
    • Collaborate with the QA/QC department to ensure receipt of materials as per specifications.
    • Track and maintain optimum inventory levels and update the Marg/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.
    • 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.

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