Director of Procurement

Responsibilities

• Manage procurement of all raw materials, components, packaging, capital equipment and other materials.
• Total purchases currently exceed $25 million per year and is expected to double over the coming few years.
• Establish vendor management protocols and relationships to ensure that suppliers meet or exceed the needs of Cosmetic Solutions’ business, including on-time delivery, visibility to delivery dates, the procurement of high quality products and competitive pricing.
• Establish alternative suppliers for key materials, ensuring continuity and reliability of supply.
• Benchmark Cosmetic Solutions’ materials procurement results vs. industry standards and competitors.
• Build a high performing procurement team and drive continuous improve opportunities within the procurement function.
• Drive supply chain initiatives that enable speed, flexibility, and agility to support profitable top-line growth and gross margin improvement.
• Build strong work relationships with internal stakeholders and with key suppliers by providing visibility with sourcing materials and components to meet the product needs at a good cost and by providing accurate and timely estimations of material/component delivers and costs.
• Manage inventory levels to the appropriate optimum level balancing the dynamics of inventory carrying costs vs the requirements to meet our customers’ demands.

Qualifications

• Bachelor’s degree in supply chain management, Business Management, Materials Management or similar.
• 10+ years minimum of Supply Chain: Product Development/Sourcing with a majority of this experience in the Cosmetics Industry.
• Strong interpersonal skills and ability to effectively communicate with teams across the entire organization.
• Data-driven operations, performance metrics, and fiscally responsible
• Action-oriented Strategic agility
• Ability to build and manage a highly proficient team.
• Process management
• Prominent track record of successful negotiation skills