Purchase Manager

Key Responsibilities:Procurement ManagementOversee 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 CoordinationCollaborate 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 SupportWork 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 AssuranceEnsure 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 ManagementPerform 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 CollaborationCollaborate 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.