Strategize and implement procurement strategies that align with the companys goals and objectives.
Analyse market trends and industry developments to make informed purchasing decisions.
Manage and evaluate select reliable suppliers and vendors of cosmetics and raw materials. Evaluate contracts, terms, and conditions with suppliers to ensure favourable pricing and quality.
Manage inventory levels to prevent overstock or stockouts. Inventory control measures to minimize wastage and reduce carrying costs.
Advice and manager quality assurance teams to ensure that all cosmetics meet regulatory and quality standards.
Optimization: pricing, production, and delivery costs to identify opportunities for cost reduction. Seek cost-effective sourcing options without compromising product quality.
Research: Update on industry trends, new products, and new suppliers.