Purchase Manager
1 week ago
At our company, we are looking for a talented individual to manage the end-to-end vendor and supply chain process. The ideal candidate will have experience in sourcing, procurement, and vendor management in the FMCG, cosmetics, nutrition, personal care, or consumer goods industries.
- Key Responsibilities:
- Vendor Identification & Development: Research, identify, and onboard reliable vendors, raw material suppliers, packaging vendors, and contract manufacturers (domestic and international) across categories such as cosmetics, personal care, nutraceuticals, and FMCG. Conduct factory audits, background checks, and capability assessments.
- 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. Build scalable vendor partnerships to support new launches and bulk production.
- 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 & Quality Compliance: 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), 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 & 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. Minimize stockouts, excess inventory, and supply disruptions.
- Vendor Relationship & Performance 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 Optimization & Benchmarking: 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 Management & 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-first products.
- Risk Management & Contingency Planning: Develop backup vendor options and alternate sourcing strategies to reduce dependency and mitigate risks of supply disruptions, price fluctuations, or regulatory changes.
- Cost Optimization & Benchmarking: 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.
- Vendor Relationship & Performance 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.
- 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. Minimize stockouts, excess inventory, and supply disruptions.
- 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.
- Regulatory & Quality Compliance: 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.
- 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.
- 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. Build scalable vendor partnerships to support new launches and bulk production.
- Vendor Identification & Development: Research, identify, and onboard reliable vendors, raw material suppliers, packaging vendors, and contract manufacturers (domestic and international) across categories such as cosmetics, personal care, nutraceuticals, and FMCG. Conduct factory audits, background checks, and capability assessments.
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