Executive: Raw Material Purchase
4 days ago
**Executive: Raw Material Purchase**
**Position Overview**:
We are seeking an experienced and proactive Executive
**Key Responsibilities**:
**Procurement Management**
- Oversee and manage the procurement of raw materials and other materials for cosmetic production.
- Identify, evaluate, and establish strong relationships with new and existing suppliers.
- Negotiate contracts, pricing, and terms to ensure cost-effectiveness without compromising quality.
- Ensure timely delivery of materials to maintain seamless production schedules.
- Conduct market research and attend trade fairs/exhibitions across India to source innovative products and stay updated on industry trends.
**Production Coordination**
- Collaborate with teams to ensure availability of materials for efficient manufacturing.
- Develop and implement production schedules, optimizing processes to enhance efficiency and minimize waste.
- Coordinate with supply chain and logistics to ensure smooth material flow and inventory management.
**Research and Development Support**
- Work with the R&D team to identify and procure suitable raw materials for new product formulations.
- Stay updated on emerging trends in cosmetics and skincare to support innovation and development.
**Quality Assurance**
- Ensure that procured materials meet regulatory and company quality standards.
- Work closely with the quality control team to address any quality issues and implement corrective actions.
**Budgeting and Cost Management**
- Perform cost-benefit analyses to optimize spending and secure the best value.
- Conduct forecasting and variance analysis to align procurement with financial goals.
- Review and approve expenses related to procurement, ensuring adherence to budgetary constraints.
**Team Collaboration**
- Collaborate with cross-functional teams, including production, quality assurance, and supply chain, to meet organizational goals.
- Actively participate in team meetings, contributing insights and recommendations for improvement.
**Qualifications & Skills**:
- **Education**: Bachelor’s degree in Pharmacy, Chemistry, Chemical Engineering, Cosmetology, or a related field.
- **Experience**: Minimum of 3-4 years in procurement in the cosmetics, beauty, or skincare industry.
- Strong knowledge of raw material and packaging material procurement.
- Proficiency in production scheduling, market research, and supplier negotiations.
- Excellent communication and interpersonal skills for effective vendor and team collaboration.
- Detail-oriented, with strong organizational and multitasking abilities.
- Proficiency in data analysis and reporting.
- Familiarity with regulatory requirements and industry standards in cosmetics production is an advantage.
Pay: ₹30,000.00 - ₹35,000.00 per month
**Benefits**:
- Paid sick time
- Paid time off
- Provident Fund
Schedule:
- Day shift
- Fixed shift
Work Location: In person
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