Procurement Executive

About the Role:The primary objective of this role is to drive brand presence and sales growth through the innovative development and strategic sourcing of product-related items like PR kits, beauty accessories, luxury secondary packaging, and customized gift sets.Key Responsibilities:1.Procurement & Vendor ManagementSecondary Packaging: Source and onboard vendors for PR Kits, Custom Packaging & Brand MerchandiseVendor Management: Identify, vet, and maintain a robust database of suppliers specializing in beauty-grade packaging and promotional goods.RFQ & Negotiation: Execute the Request for Quotation (RFQ) process, performing rigorous vendor comparisons to secure the best pricing, MOQs, and payment terms.Lead Time Management: Coordinate with suppliers to manage production schedules, ensuring timely delivery of stock for marketing campaigns and product launches2. Cost Management & Market AnalysisBudget Optimization: Negotiate commercial terms to reduce the Cost of Goods Sold (COGS) while maintaining a high-end aesthetic.Market Research: Continuously analyze beauty market trends and competitor strategies to source innovative materials and trending accessories.Quality Assurance: Conduct strict quality checks on all customized items to ensure color consistency and structural integrity.Ideal Candidate Profile:Experience: 2–5 years in procurement, sourcing, or merchandising, specifically within the beauty or lifestyle sectors.Technical Expertise: Deep understanding of the manufacturing process for beauty packaging and customization.Education: Bachelor’s degreeSkills: Strong negotiation, vendor comparison, and project management skills with a high attention to detail.Tools: Proficiency in Excel for data monitoring, inventory tracking, and cost analysis.

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