Director of Purchasing

6 days ago

Beverly Hills, United States CV Resources Full time

Position Overview

As the Director of Purchasing, you will play a key role in managing our procurement processes and supply chain operations to ensure the timely sourcing, acquisition, and delivery of raw materials, packaging components, and finished goods. You will collaborate closely with internal teams, external suppliers, and partners to optimize costs, quality, and sustainability across our product portfolio while upholding our brand values and standards.


Key Responsibilities

  • Strategic Sourcing: Identify, evaluate, and onboard suppliers and vendors who align with our commitment to sustainability, ethical sourcing, and product quality. Continuously assess market trends, industry innovations, and supplier capabilities to optimize sourcing strategies and enhance our product offerings.
  • Cross collaboration: Collaborate with the New Product Development team regularly on cost reduction strategies, supplier capabilities, and more to ensure seamless product launches.
  • Supplier Relationship Management: Cultivate strong partnerships with suppliers, fostering open communication, trust, and collaboration. Lead negotiations on pricing, contracts, and terms to achieve favorable agreements while ensuring compliance with ethical sourcing standards and regulatory requirements.
  • Procurement Planning: Collaborate with cross-functional teams, including R&D, manufacturing, and marketing, to develop procurement plans, and manage inventory levels to support production schedules, demand forecasts, product launches, and promotional activities.
  • Cost Optimization: Analyze cost drivers, conduct price benchmarking, and implement cost-saving initiatives to improve margins and profitability without compromising product quality or integrity. Utilize data analytics and performance metrics to identify opportunities for process improvements and efficiency gains.
  • Quality Assurance: Establish and maintain rigorous quality standards for raw materials, packaging materials, and finished products, ensuring compliance with regulatory requirements, industry standards, and brand specifications. Conduct supplier audits, inspections, and quality control checks to mitigate risks and maintain product integrity.
  • Sustainability Initiatives: Drive sustainability initiatives across the supply chain, promoting eco-friendly practices, renewable materials, and waste reduction strategies. Evaluate supplier sustainability performance, advocate for responsible sourcing practices, and support the development of sustainable packaging solutions.
  • Risk Management: Proactively identify and mitigate supply chain risks, such as supply shortages, transportation delays, and geopolitical disruptions. Develop contingency plans, alternative sourcing strategies, and business continuity measures to safeguard operations and minimize disruptions.
  • Compliance and Ethics: Ensure compliance with regulatory requirements, industry standards, and company policies related to procurement, sourcing, and supplier relationships. Uphold ethical business practices, integrity, and transparency in all interactions with suppliers and stakeholders.


Qualifications

  • Ability to work onsite in Beverly Hills.
  • Comfortability managing both personnel and processes, while still being hands on in day to day purchasing activities.
  • Bachelor's degree in Business Administration, Supply Chain Management, or related field.
  • Advanced degree or professional certification (e.g., CSCP, CPSM) preferred.
  • 10+ years of experience in procurement, sourcing, or supply chain management, preferably in consumer goods industry.
  • Strong knowledge of procurement best practices, supply chain principles, and sustainability trends.
  • Demonstrated experience in procurement systems and platforms such as Oracle and NetSuite.
  • Demonstrated experience in supplier management, negotiation, and contract administration.
  • Excellent analytical skills, attention to detail, and proficiency in data analysis tools/software.
  • Effective communication skills, with the ability to collaborate cross-functionally and influence stakeholders at all levels.

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