Strategic Sourcing Specialist

Job Summary Cosmax USA is seeking a Strategic Sourcing Specialist to support the development and execution of sourcing strategies for raw materials, ingredients, chemicals, and packaging used in cosmetic and personal care manufacturing. This position will focus on supplier identification and qualification, competitive sourcing, cost analysis, supplier negotiations, and long-term supply planning. The ideal candidate will have hands-on experience sourcing direct materials within a manufacturing environment, preferably in cosmetics, personal care, FMCG, food and flavor, or contract manufacturing. This is a full-time, on-site position based in Carteret, NJ, with occasional travel to supplier locations. Responsibilities Lead RFQ/RFP activities and identify, evaluate, and onboard suppliers for raw materials and packaging components. Conduct competitive bidding, pricing analysis, cost benchmarking, and spend analysis to identify cost-saving opportunities. Support supplier negotiations related to pricing, payment terms, lead times, capacity, and other commercial terms. Monitor supplier performance through scorecards and work with internal teams to address quality, delivery, pricing, and service concerns. Conduct supplier risk assessments and support dual- and multi-source strategies to strengthen supply continuity. Analyze purchasing spend, cost trends, and key cost drivers and prepare sourcing, savings, and supplier performance reports. Support the development and execution of category sourcing strategies, including make-versus-buy and sourcing evaluations. Develop sourcing and cost plans based on projected purchasing volumes and business requirements. Collaborate with Procurement, Planning, Production, Quality, R&I, and Finance to execute sourcing initiatives and support business needs. Identify opportunities to leverage purchasing volume to improve pricing, supplier capacity, and commercial terms. Required Qualifications Bachelor’s degree in Supply Chain Management, Business, or a related field , or equivalent relevant experience. Minimum of 3 years of experience sourcing or purchasing direct materials, such as raw materials, ingredients, chemicals, or packaging, preferably within a manufacturing environment. Experience managing supplier relationships, conducting RFQ/RFP processes, negotiating pricing, and evaluating supplier performance. Strong analytical skills, including advanced Microsoft Excel proficiency with pivot tables, spend analysis, and trend/variance reporting. Experience using SAP MM or a comparable ERP system. Ability to work fully on-site at our Carteret, NJ facility and travel occasionally to supplier locations. Preferred Qualifications Experience in cosmetics, personal care, FMCG, food and flavor, or contract manufacturing. Experience developing category sourcing strategies, identifying cost-saving opportunities, and supporting long-term supplier relationships. Experience with Power BI or similar reporting and visualization tools. Experience with supplier risk assessments, competitive benchmarking, and dual/multi-sourcing strategies.

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