Sourcing Strategist

2 days ago

Alwar, Rajasthan, India beBeeStrategist Full time ₹ 18,00,000 - ₹ 24,00,000
Procurement Leadership Opportunity

We are seeking a seasoned professional to drive the end-to-end vendor and supply chain process for our fast-growing health supplements, cosmetics, food & nutraceuticals brand.

Key Responsibilities:
  • Vendor Identification & Development: Conduct research, identify, and onboard reliable vendors, raw material suppliers, packaging vendors, and contract manufacturers across categories such as cosmetics, personal care, nutraceuticals, and FMCG.
  • Contract Manufacturing & 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.
  • 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. 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.

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.

Benefits:

Join an entrepreneurial environment where your decisions directly impact business growth. As a Procurement Manager, you will have the opportunity to shape sourcing and procurement strategy for a high-growth health supplements, cosmetics, food & nutraceuticals brand.

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