CPG Procurement Specialist
13 hours ago
Blue Signal Search is seeking a highly skilled CPG Procurement Specialist to join our team. As a key member of our strategic sourcing team, you will play a crucial role in managing the procurement of raw materials, packaging, and finished products across various consumer goods categories.
Key Responsibilities:- Source and procure raw materials, packaging, and finished products for various CPG categories, including food, beverages, personal care, and household products.
- Analyze market trends, consumer preferences, and pricing in the CPG industry to inform purchasing strategies.
- Negotiate contracts and pricing with suppliers to ensure cost-effectiveness, quality, and sustainability standards.
- Collaborate with cross-functional teams, including R&D, marketing, and manufacturing, to align procurement strategies with product development and business goals.
- Manage supplier relationships and performance, conducting regular evaluations and identifying opportunities for improvement.
- Implement and maintain sustainable and ethical sourcing practices in line with company values and industry standards.
- Utilize advanced procurement analytics and tools to optimize spending, forecast demand, and manage risk.
- Ensure compliance with regulatory requirements and company policies throughout the procurement process.
- Drive continuous improvement initiatives in procurement processes and supply chain efficiency.
- Bachelor's degree in Supply Chain Management, Business Administration, or related field. MBA or relevant certification (e.g., CPSM, CPM) is a plus.
- 1-4 years of experience in procurement or supply chain management, preferably in the CPG industry.
- Strong understanding of CPG categories, production processes, and industry trends.
- Excellent negotiation skills with a proven track record of achieving cost savings and value creation.
- Advanced analytical skills with the ability to interpret complex data and make strategic recommendations.
- Proficiency in procurement software, ERP systems, and advanced Excel skills.
- Strong project management skills with the ability to lead cross-functional initiatives.
- Excellent communication and presentation skills, capable of interfacing with senior management.
- Detail-oriented with a focus on accuracy in contract management and supplier performance tracking.
- Adaptable and innovative thinker, able to navigate the rapidly changing CPG landscape.
- Knowledge of sustainable and ethical sourcing practices in the CPG industry.
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