Position Overview:
We are seeking a highly motivated Category Manager to oversee the sourcing and procurement of raw materials essential for the production of capsules, tablets, and supplements within the Nutraceutical industry. As a Category Manager, you will play a pivotal role in ensuring the timely and cost-effective availability of high-quality raw materials while maintaining strong relationships with suppliers. Your expertise will contribute directly to our mission of delivering premium nutraceutical products to our consumers.
Key Responsibilities:
- Supplier Management: Identify, evaluate, and onboard suppliers of raw materials, establishing robust relationships based on mutual trust and collaboration.
- Sourcing Strategy: Develop and execute effective sourcing strategies to ensure a consistent supply of raw materials that meet quality standards, regulatory requirements, and cost targets.
- Market Analysis: Continuously monitor market trends, industry developments, and emerging technologies to anticipate changes in the raw materials landscape. Adjust sourcing strategies accordingly.
- Negotiations: Lead negotiations with suppliers to secure favorable terms, including pricing, lead times, payment terms, and quality assurance.
- Quality Assurance: Collaborate with the quality control team to establish and maintain strict quality standards for raw materials, ensuring they meet regulatory guidelines and internal specifications.
- Risk Management: Identify and mitigate potential supply chain risks, such as shortages, disruptions, or quality issues, through proactive planning and alternative sourcing options.
- Cross-functional Collaboration: Work closely with R&D, production, regulatory, and marketing teams to align sourcing strategies with product development, production schedules, and market demands.
- Cost Optimization: Implement cost-effective practices while maintaining product integrity, striving to improve profitability without compromising quality.
- Data Analysis: Utilize data-driven insights to track and analyze key performance metrics, supplier performance, and market trends, using this information to optimize procurement strategies.
- Contract Management: Draft, review, and manage supplier contracts and agreements, ensuring all terms are clear, comprehensive, and aligned with company goals.
Qualifications and Requirements:
- Bachelor’s degree in Business Administration, Supply Chain Management, or a related field preferred
- Proven experience (3+ years) in procurement, sourcing, or supply chain management within the nutraceutical, pharmaceutical, or related industries.
- In-depth understanding of raw materials used in capsule, tablet, and supplement manufacturing.
- Strong knowledge of regulatory requirements and industry standards relevant to nutraceutical products.
- Excellent negotiation, communication, and interpersonal skills.
- Analytical mindset with the ability to interpret data and make informed decisions.
- Proficiency in using procurement and supply chain software/tools.
- Results-driven approach with a focus on meeting deadlines and targets.
- Ability to adapt to a fast-paced and evolving industry landscape.
- Strong ethics and commitment to sustainability in sourcing practices.
If you are a dedicated professional with a passion for sourcing high-quality raw materials, optimizing supply chains, and contributing to the growth of our innovative nutraceutical products, we invite you to apply for this exciting role. Join our team and make a difference in the world of health and wellness.
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