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5 days ago
The role of a Procurement Specialist is to oversee the entire procurement process, from sourcing and vendor management to contract manufacturing and private labeling. The ideal candidate will have 4–10 years of experience in sourcing/procurement/vendor management in FMCG, cosmetics, nutrition, personal care, or consumer goods industries.
Key Responsibilities:
- Vendor Identification & Development: Research 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: 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 & 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.
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