Procurement Manager - Torrance, United States - Cosmetix West Inc
Description
About Us:
Cosmetix West is a leading innovator in the beauty and personal care industry, dedicated to delivering high-quality efficacious products. We take great pride in our commitment the highest quality standards and customer service.
We are seeking a Procurement Manager to co-lead our procurement efforts and ensure the sourcing and supply of top-notch materials that contribute to our success.
Summary
As a Procurement Manager at Cosmetix West, you will play a pivotal role in managing and optimizing our procurement processes in the beauty and personal care sector.
You will work with the Director of Purchasing in developing and executing procurement strategies, negotiating supplier contracts, and overseeing supplier relationships to secure the highest quality materials while optimizing costs.
This role offers a unique opportunity to shape the future of our product lines and contribute to our continued growth and success.
You would help create a buying strategy that considers the company budget and necessary supplies and find matching vendors. The day to day includes meetings with superiors, CFO and CEO.Main Responsibilities
Develop and maintain strong relationships with suppliers, resulting in improved pricing and on-time deliveries.
Collaborate with the R&D team to identify and source innovative and sustainable raw materials, packaging materials, reducing the companys environmental footprint.
Forecast needs and supplies while managing inventory levels
Review and negotiate contracts with vendors and suppliers
Collect and analyze data to ensure the company is making the best decisions
Duties
Cost Management:
Implement cost-effective procurement strategies while maintaining the highest product quality and safety standards.
Regulatory Compliance:
Ensure all sourced products comply with relevant regulations, quality standards, and safety requirements.
Inventory Management:
Collaborate with inventory and demand planning teams to optimize stock levels, minimize waste, and ensure product availability.
Budget Management:
Develop and manage the procurement budget, tracking expenses and making recommendations for cost containment.
Quality Assurance:
Collaborate with quality assurance teams to ensure that all sourced beauty and personal care products meet our quality and safety standards.
Reporting and Analysis:
Generate regular reports on procurement performance, cost savings, supplier performance, and market trends for senior management.
Supply Chain Efficiency:
Collaborate with cross-functional teams to streamline supply chain processes and improve inventory management.
Sustainability:
Drive sustainability initiatives by sourcing eco-friendly materials and suppliers in alignment with our sustainability goals.
Qualifications
Excellent analytical, problem-solving, and communication skills.
Dependable and responsible who can take direction and work with little supervision when required.
Minimum of 1-2 years of experience as a buyer
Bachelor's degree in business administration or a similar field
Why Join Us:
Join a dynamic and passionate team dedicated to innovation and excellence in the beauty and personal care industry
Play a key role in shaping the future of our product lines and sustainability efforts
Competitive salary and benefits package
Opportunities for professional growth and development
A collaborative and inclusive work environment
Work Schedule
This is a full-time position with a typical Monday-Friday, 9 am – 5:30 pm office 4/1 hybrid schedule
Local Candidates Only.