Strategic Sourcing and Planning:

• Develop and execute purchasing strategies aligned with company goals.
• Forecast market trends and raw material prices to identify cost-saving opportunities.
• Manage supplier relationships, fostering strong partnerships with reliable vendors.
• Source new vendors for raw materials, packaging, and other requirements.
• Analyze and mitigate risks associated with the supply chain.

Procurement and Cost Management:

• Oversee the entire purchasing process, from requisition to receipt and payment.
• Negotiate contracts with vendors to secure the best possible pricing and terms.
• Determine optimal order quantities and delivery schedules to minimize inventory costs.
• Track and report on key performance indicators (KPIs) related to purchasing efficiency.

Collaboration and Communication:

• Partner with stakeholders across departments (e.g., product development, production) to ensure clear product specifications are communicated to suppliers.
• Stay up-to-date on industry regulations and quality standards for cosmetic ingredients.

Additional Skills for Cosmetics Industry:

• Knowledge of cosmetic ingredients and packaging materials.
• Understanding of cosmetic manufacturing processes.
• Awareness of current cosmetic trends and consumer preferences.

Tools and Technologies:

• Proficiency in purchasing software and enterprise resource planning (ERP) systems.
• Strong analytical and problem-solving skills.
• Excellent communication and negotiation abilities.