Purshase Manager

Terasol Technologies Pvt. Ltd.; Jaipur; On-site; INR 500,000 - 800,000; Full time

Job summary

A prominent cosmetics manufacturer is seeking a Procurement Manager to oversee the procurement of raw materials and packaging for production. Responsibilities include managing supplier relationships, negotiating contracts, and ensuring timely deliveries. Candidates should possess a relevant Bachelor's degree and a minimum of 2-3 years of experience in procurement within the cosmetics industry.

Qualifications

• Minimum of 2-3 years in procurement in the cosmetics, beauty, or skincare industry.
• Familiarity with regulatory requirements and industry standards in cosmetics production is an advantage.

Responsibilities

• Oversee and manage the procurement of raw materials for cosmetic production.
• Identify and establish relationships with new and existing suppliers.
• Negotiate contracts, pricing, and terms for cost-effectiveness.
• Ensure timely delivery of materials to maintain production schedules.
• Conduct market research and attend trade fairs/exhibitions.

Skills

Strong knowledge of raw material and packaging material procurement

Proficiency in production scheduling

Market research

Supplier negotiations

Excellent communication skills

Detail-oriented

Proficiency in data analysis and reporting

Education

Bachelor’s degree in Pharmacy, Chemistry, Chemical Engineering, or Cosmetology

Job description

Procurement Management

• Oversee and manage the procurement of raw materials and packaging 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 production 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 2-3 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.