Senior Buyer
Vestacy · Parsippany, NJ · 1 mo ago
HybridSupply Chain$100k–$125k/yrFull-time
About the role
The Senior Buyer – Raw & Packaging Materials is responsible for the strategic sourcing, negotiation, and management of raw and packaging materials used in Vestacy products produced at external manufacturing (EM) partners.
Responsibilities
- BOM & Spend Data Management
- Design, implement, and maintain a centralized BOM database for externally manufactured products
- Consolidate and validate material specifications, volumes, and supplier data across EM partners
- Ensure high data integrity and standardization across systems
- Generate insights on total spend, price variance, and consolidation opportunities
- Use data to build negotiation strategies and support decision-making
- Strategic Sourcing & Negotiation
- Develop and implement sourcing strategies for raw and packaging materials aligned with Vestacy business objectives
- Lead RFQs, tenders, benchmarking to secure competitive cost and terms
- Leverage total Vestacy demand across multiple manufacturers to negotiate improved pricing, rebates, and conditions
- Support gross margin expansion and cost-saving initiatives
- External Manufacturer Collaboration
- Partner with contract manufacturers to influence material sourcing strategies and ensure alignment with Vestacy agreements
- Drive adoption of preferred suppliers, materials, and pricing structures
- Support new product development and onboarding ensuring optimal cost structures from inception
- Balance local manufacturing needs with global procurement leverage
- Supplier Management
- Develop and manage a robust supplier base capable of supporting growth and innovation
- Maintain competitive tension while building strategic partnerships
- Monitor supplier performance across cost, quality, service, and reliability
- Lead supplier performance reviews and continuous improvement initiatives
Requirements
- Bachelor’s degree in Supply Chain, Business, Engineering, or related field
- 5–8+ years of procurement experience in raw materials, packaging, or external manufacturing environments
- Experience working with contract manufacturers or multi-site supply networks strongly preferred
- Proven track record in negotiations and cost savings delivery
- Strong financial analysis demonstrated in previous positions.
- Experience with data tools, ERP systems, or spend analytics platforms preferred
Qualifications
- Results-driven with strong ownership mindset
- Analytical and detail-oriented
- Proactive and capable of working independently
- Resilient in a fast-paced, complex environment
- Strong collaboration and influencing skills
Skills for Success
- Results-driven with strong ownership mindset
- Analytical and detail-oriented
- Proactive and capable of working independently
- Resilient in a fast-paced, complex environment
- Strong collaboration and influencing skills
Benefits
We believe great work deserves great rewards. That’s why we offer numerous local benefits and global benefits designed to help you grow and thrive, such as career mobility opportunities, a referral program, access to our online learning academy, mental wellbeing support, and short-term bonus incentives.