Sourcing Manager/Procurement Professional

2 days ago

Lucknow, Uttar Pradesh, India beBeeProcurement Full time ₹ 8,00,000 - ₹ 15,00,000
Procurement Specialist

Our company seeks a skilled Procurement Specialist to oversee the end-to-end vendor and supply chain process. The ideal candidate will be responsible for identifying reliable vendors, negotiating contracts, ensuring compliance, and driving cost efficiency.

This role requires a strong background in sourcing/procurement/vendor management, preferably in FMCG, cosmetics, nutrition, personal care, or consumer goods industries.

  • Key Responsibilities:
  • Vendor Identification & Development: Research and onboard reliable vendors across categories such as cosmetics, personal care, nutraceuticals, and FMCG.
  • Contract Manufacturing & Private Label Management: 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.
  • Regulatory & Quality Compliance: Ensure all vendors meet regulatory certifications and quality standards (FSSAI, GMP, ISO, FDA, etc.). Liaise with internal QA/RA teams to manage documentation, product testing, and statutory compliance.
  • Cross-functional Collaboration: Partner with New Product Development (NPD), R&D, Quality, Operations, and Marketing teams to bring new SKUs from concept to commercialization.
  • Supply Chain & Inventory Alignment: Work with logistics and supply chain teams to ensure timely inbound delivery, warehousing, and outbound movement of raw materials, packaging, and finished goods.
  • Vendor Relationship & Performance Management: Maintain strong, long-term relationships with strategic vendors and monitor their performance using KPIs.
  • Cost Optimization & Benchmarking: Continuously benchmark raw material and packaging costs across vendors and identify alternate suppliers to reduce procurement costs.
  • Risk Management & Contingency Planning: Develop backup vendor options and alternate sourcing strategies to mitigate risks of supply disruptions, price fluctuations, or regulatory changes.
  • Market Intelligence & Innovation: Stay updated with market trends, raw material innovations, packaging trends, and supplier ecosystems.

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.
  • Ability to work cross-functionally with NPD, quality, operations, and e-commerce teams.

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