Salary Range: 3-4 LPA
Experience: 1-3 years in Cosmetics & Pharma Domain
Location: Santej, Ahmedabad
Roles & Responsibilities:
- Supplier Management:
- Identify and evaluate suppliers of raw materials, packaging materials, and chemicals.
- Negotiate contracts, terms, and pricing agreements with suppliers.
- Maintain relationships with key suppliers to ensure timely delivery and quality consistency.
- Procurement Planning:
- Develop procurement strategies aligned with production schedules and inventory requirements.
- Forecast demand for raw materials and packaging based on production forecasts and market trends.
- Quality Assurance:
- Collaborate with Quality Control/Assurance teams to ensure purchased materials meet regulatory and quality standards (GMP, FDA, etc.).
- Conduct supplier audits and assessments to verify compliance with quality requirements.
- Inventory Management:
- Optimize inventory levels to balance cost and ensure uninterrupted production.
- Implement inventory control measures to minimize stock-outs and excess inventory.
- Cost Management:
- Monitor and analyze market trends, raw material prices, and currency fluctuations.
- Implement cost-saving initiatives and negotiate favorable terms to achieve cost reductions.
- Documentation and Reporting:
- Maintain accurate procurement records, including purchase orders, contracts, and supplier agreements.
- Prepare reports on procurement activities, cost savings, supplier performance, and inventory levels.
- Cross-functional Collaboration:
- Work closely with Production, R&D, Quality Control, and Finance departments to coordinate procurement activities.
- Participate in cross-functional teams for new product launches, sourcing initiatives, and process improvements.
Skills and Qualifications:
- Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
- Proven experience of 1-3 years in a similar role within the Cosmetics & Pharma industry.
- Strong negotiation skills and the ability to build and maintain relationships with suppliers.
- Excellent communication skills in English, both verbal and written.
- Proficiency in MS Office suite, particularly Excel, for data analysis and reporting.
- Detail-oriented with strong organizational and follow-up skills.
- Ability to work independently and as part of a team in a fast-paced environment.
- Knowledge of packaging artwork requirements and processes is a plus.
- Familiarity with inventory management software is desirable.
