Procurement Manager

2 weeks ago


Wayne, United States TGC Search Full time

PROCUREMENT MANAGER

Responsibilities:

  • Supporting the VP of Procurement and cross-functional partners to deliver key strategic procurement activities, as well as to understand needs, objectives, and priorities to improve cost, cash, service and quality
  • Collaborate with supply team, quality control, and R&D to understand formulations, material requirements, and unique specifications to inform sourcing strategy
  • Manage the relationship with the existing supply base and introduce SRM program
  • Manage the process of identifying, selecting, and developing new partners
  • Continuously improve supplier performance partnerships
  • Help drive negotiation targeting to achieve continuous GM expansion and NWC optimization
  • Identify risks and maximize opportunities involved in the sourcing process
  • Contribute to and drive the implementation of the growth strategy
  • Collaborate with the business and innovation teams, ensuring alignment of strategy, portfolio, execution, and investment for new product development
  • Implement competitive strategies based on market intelligence
  • Ensure procurement technical excellence
  • Contribute to sourcing the best panel of suppliers, in line with global strategy, competitive environment, and brand needs

Qualifications:

  • Bachelor's degree in Engineering, Business Administration, or related field
  • Minimum of 5 years of experience in sourcing, procurement or supply chain within consumer healthcare, VMS, or FMCG
  • Strong understanding of the nutraceutical manufacturing landscape, regulatory requirements, and quality standards in the dietary supplements industry (highly preferred)
  • Proven track record of successful supplier relationship management, negotiation skills, and contract management.
  • Experience transitioning from tolling to turnkey procurement processes
  • Ability to thrive in a fast-paced, entrepreneurial environment and effectively manage multiple projects simultaneously.
  • Strong communication, leadership, and interpersonal skills.

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