Procurement Excellence Lead

2 days ago

Bengaluru, Karnataka, India beBeeSourcing Full time ₹ 1,20,00,000 - ₹ 1,56,00,000
Procurement Excellence Lead

We are seeking a seasoned Procurement Excellence Lead to spearhead our end-to-end vendor and supply chain process. The successful candidate will drive strategic sourcing, contract negotiations, and compliance to bring new products to market and scale our supply chain.

Key Responsibilities:
  • Vendor Onboarding & Development: Identify, develop, and manage vendors across categories such as cosmetics, personal care, nutraceuticals, and FMCG.
  • Contract Management & Private Label Partnerships: Work with third-party manufacturers and private label partners to develop new products, ensuring compliance with formulations, packaging, quality standards, and regulatory norms.
  • Procurement & Negotiation: Lead end-to-end 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.
  • Regulatory Compliance & Quality Assurance: Ensure all vendors meet regulatory certifications and quality standards. Liaise with internal QA/RA teams to manage documentation, product testing, and statutory compliance before marketplace listings.
  • Cross-functional Collaboration: Partner with New Product Development (NPD), R&D, Quality, Operations, and Marketing teams to bring new SKUs from concept to commercialization. Align procurement timelines with product launch calendars and e-commerce go-live dates.
  • Supply Chain Optimization: Work with logistics and supply chain teams to ensure timely inbound delivery, warehousing, and outbound movement of raw materials, packaging, and finished goods. Minimize stockouts, excess inventory, and supply disruptions.
  • Vendor Relationship Management: Maintain strong, long-term relationships with strategic vendors. Monitor vendor performance using KPIs (on-time delivery, cost competitiveness, quality, and compliance). Conduct quarterly business reviews and push for continuous improvement.
  • Cost Benchmarking & Innovation: Continuously benchmark raw material and packaging costs across vendors. Identify alternate suppliers and innovative sourcing channels to reduce procurement costs without compromising quality or speed.
  • Risk Mitigation & Contingency Planning: Develop backup vendor options and alternate sourcing strategies to reduce dependency and mitigate risks of supply disruptions, price fluctuations, or regulatory changes.
  • Market Insights & Trends: Stay updated with market trends, raw material innovations, packaging trends, and supplier ecosystems. Share insights with NPD/Marketing to develop differentiated, consumer-first products.
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 is a plus.
  • Strong commercial acumen, analytical mindset, and relationship management skills.
  • Ability to work cross-functionally with NPD, quality, operations, and e-commerce teams.

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