Product Sourcing Specialist
4 days ago
- Profile- Product Sourcing*
- Experience- 4-7 years*
- Key Responsibilities: *
Sourcing & Vendor Development
- Identify and onboard reliable suppliers from different locations (domestic & international) for raw materials, packaging, and finished goods
- Assess vendor capabilities, MOQs, production capacity, certifications, and trade terms
- Maintain vendor master data, price trackers, and commercial terms
Commercial Negotiation & Terms
- Negotiate product pricing, payment terms, lead times, and logistics costs
- Evaluate trade-offs between cost, quality, and delivery timelines
- Ensure transparency and documentation in all vendor transactions
Packaging & Product Configuration
- Coordinate with vendors and packaging teams on material selection, artwork adaptation, printing specs, and final assembly
- Monitor and approve packaging prototypes and first lots before scaling production
- Understand cost structures of packaging (primary, secondary, tertiary)
New Product Development (NPD) Support
- Work closely with product, R&D, and marketing teams for launch timelines
- Drive sourcing timelines aligned to product go-live dates
- Handle NPD-related commercial operations – from costing sheets to vendor agreements
Compliance & Documentation
- Ensure all sourcing activities comply with internal quality, legal, and environmental standards
- Maintain contracts, NDAs, purchase orders, and packaging compliance documents (BIS, FSSAI, etc., as applicable)
- Key Requirements: *
- 3–7 years of experience in sourcing/procurement, preferably in FMCG, personal care, beauty, or wellness industries
- Strong network of vendors and manufacturers across different regions
- Understanding of vendor behavior, seasonal factors, negotiation levers, and delivery risks
- Preferred Skills: *
- Experience sourcing from China, Southeast Asia, or regional Indian hubs (Local markets)
- Knowledge of customs/import processes and local compliance requirements
- Detail-oriented with strong project management and stakeholder coordination skills
Skills: vendor development,sourcing,purchase planning,procurement,npd,vendor negotiation
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