Procurement Specialist

6 days ago

Davangere, Karnataka, India beBeeStrategist Full time ₹ 1,50,00,000 - ₹ 2,00,00,000
Procurement Strategist

We are seeking a seasoned procurement strategist to drive our end-to-end vendor and supply chain process. As a key member of our team, you will be responsible for identifying and developing reliable vendors across various categories, including cosmetics, personal care, nutraceuticals, and FMCG.

Key Responsibilities:
  • Vendor Identification & Development: Research, identify, and onboard vendors that meet our quality and compliance standards.
  • Contract Manufacturing & Private Label Management: Work with contract 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.
  • 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. Monitor vendor performance using KPIs (on-time delivery, cost competitiveness, quality, and compliance).
  • 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 & Contegrity Planning: Develop backup vendor options and alternate sourcing strategies to reduce dependency and mitigate risks of supply disruptions, price fluctuations, or regulatory changes.

As a successful candidate, you should have 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 is required. Strong knowledge of procurement processes, supply chain operations, and vendor compliance is essential. Exposure to certifications/regulatory requirements (FSSAI, GMP, ISO, FDA, etc.) is a plus. Strong commercial acumen, analytical mindset, and relationship management skills are necessary for this role.

We offer a fast-paced, entrepreneurial environment where your decisions directly impact business growth. Opportunity to shape sourcing and procurement strategy for a high-growth health supplements, cosmetics, food & nutraceuticals brand. End-to-end ownership from vendor discovery to marketplace launch. Exposure to innovative product categories, premium formulations, and global supply partners.

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