Strategic Sourcing & Purchasing Manager
Starco Brands · West Hollywood, CA · 1 mo ago
HybridPurchasingFull-time
Primary Responsibilities
- Strategic Sourcing
- Identify, evaluate, and qualify new domestic and international suppliers.
- Develop competitive sourcing strategies for raw materials, packaging, finished goods, indirect spend, and services.
- Lead RFQs, RFPs, and supplier negotiations.
- Negotiate pricing, payment terms, contracts, rebates, and service agreements.
- Reduce overall procurement costs while maintaining or improving quality and service.
- Purchasing Operations
- Analyze company-wide purchasing spend to identify consolidation opportunities.
- Standardize vendors across business units whenever practical.
- Improve supplier performance through scorecards and regular business reviews.
- Manage supplier relationships and resolve supply issues.
- Support inventory optimization and purchasing planning.
- Process Development
- Build purchasing policies, procedures, and internal controls.
- Create standard operating procedures for purchasing activities.
- Create reporting and KPI dashboards measuring savings, supplier performance, purchasing cycle times, and contract compliance.
- Partner closely with Operations, Manufacturing, Finance, Product Development, and Sales.
- Department Leadership
- Design the future purchasing organization.
- Recruit, train, and manage buyers as the department expands.
- Establish purchasing workflows and approval processes.
- Drive continuous improvement throughout the procurement function.
- 7+ years of purchasing, procurement, or strategic sourcing experience.
- Demonstrated success negotiating supplier contracts and reducing costs.
- Experience sourcing new vendors and qualifying suppliers.
- Strong analytical and negotiation skills.
- Experience managing multiple product categories simultaneously.
- Advanced Excel skills.
- Experience working with ERP systems.
- Consumer packaged goods (CPG), manufacturing, food, beauty, household products, or related industry experience.
- Experience with packaging, raw materials, ingredients, contract manufacturing, or finished goods sourcing.
- Experience implementing purchasing processes or building a procurement organization.
- Leadership experience or demonstrated ability to manage a purchasing team.
- Within the first 12 months, deliver measurable cost savings across key spend categories.
- Consolidate suppliers where appropriate.
- Improve supplier quality and delivery performance.
- Establish standardized purchasing processes.
- Develop purchasing KPIs and reporting.
- Create the foundation for a scalable purchasing department.
- Recruit and lead additional purchasing personnel as business needs grow.
- 100% employer paid health, dental, and vision benefits.
- Employer-paid life insurance and disability benefits.
- Wellness, phone, and internet allowances.
- Professional development/education and home office allowances.
- 401(k) and employer match.
- Competitive salary.
- Flexible PTO.
- Flexible WFH hours (Hybrid Position).
- Employee product discounts and more!
Qualifications
Preferred
Success Measures
Location
Preferred: Los Angeles area (hybrid or on-site)
Remote candidates with significant strategic sourcing experience will also be considered.