
Strategic Procurement Specialist
11 hours ago
We are seeking a skilled Procurement Lead to spearhead our vendor and supply chain operations for a rapidly growing health supplements, cosmetics, food & nutraceuticals brand.
Key Responsibilities- Vendor Onboarding: Identify and develop strategic partnerships with reliable vendors, raw material suppliers, packaging vendors, and contract manufacturers across industries such as cosmetics, personal care, nutrition, and FMCG. Conduct thorough audits, background checks, and capability assessments.
- Contract Negotiation & Private Label Management: Collaborate with third-party manufacturers and private label partners to develop new products, ensuring compliance with formulations, packaging, quality standards, and regulatory norms. Foster scalable vendor relationships to support product launches and bulk production.
- Procurement Optimization: Oversee end-to-end procurement processes, including RFPs, RFQs, and tender processes. Negotiate pricing, credit terms, lead times, and minimum order quantities (MOQs) to drive cost savings while maintaining consistent supply and vendor loyalty.
- Regulatory Compliance & Quality Assurance: 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.
- Cross-functional Collaboration: Partner with New Product Development (NPD), Research & Development (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 Alignment: 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 key vendors. Monitor vendor performance using Key Performance Indicators (KPIs) (on-time delivery, cost competitiveness, quality, and compliance). Conduct regular business reviews and push for continuous improvement.
- Benchmarking & Cost Reduction: 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 Intelligence & Innovation: Stay updated with market trends, raw material innovations, packaging trends, and supplier ecosystems. Share insights with NPD/Marketing to develop differentiated, consumer-centric products.
- 4–10 years of experience in 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.
We offer an exciting opportunity to shape procurement strategy for a high-growth health supplements, cosmetics, food & nutraceuticals brand.
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