Specialist, Product Development Sourcing- Qosmedix
Title:
Sourcing Specialist- Qosmedix
FLSA:
Exempt
Reports To:
Dir. Of Global Sourcing
Rev Date:
Nov. 15, 2023
Position
Summary:
The Sourcing Specialist is responsible for the sourcing and development of stock and custom products related to the cosmetic/beauty industry. The candidate must be a self-starter with the ability to multi-task and have excellent organizational and communication skills. This person must thrive in a fast-paced environment, be resourceful and solution-oriented. Creativity and thinking outside of the box are highly desired and encouraged. This position has high growth potential.
Full-time position located in Ronkonkoma, NY. Flexible work can be considered.
Responsibilities:
Education/Technical Certifications:
Experience:
Skillsets:
Sourcing Specialist- Qosmedix
FLSA:
Exempt
Reports To:
Dir. Of Global Sourcing
Rev Date:
Nov. 15, 2023
Position
Summary:
The Sourcing Specialist is responsible for the sourcing and development of stock and custom products related to the cosmetic/beauty industry. The candidate must be a self-starter with the ability to multi-task and have excellent organizational and communication skills. This person must thrive in a fast-paced environment, be resourceful and solution-oriented. Creativity and thinking outside of the box are highly desired and encouraged. This position has high growth potential.
Full-time position located in Ronkonkoma, NY. Flexible work can be considered.
Responsibilities:
- Manage catalog and custom sourcing projects for all beauty-related products
- Research new product ideas, acquire samples and establish product specs, recommend selling prices, select and negotiate with suppliers, and obtain approval from the Product Development Review Council
- Work with suppliers to develop product specs to meet customers' needs
- Conduct routine product reviews and product training sessions
- Prepare cost analyses for new products
- Present new ideas/opportunities to management
- Maintain product prices and implement the price change in the system for products under management
- Create, approve and maintain product information including specification data in the system (SharePoint, CRM, Great Plains)
- Search, assess and qualify, and onboard a new supplier with the established process
- Collect and review product checklists, SDS (Safety Data Sheets) and drawings from vendors for accuracy
- Assist Director of Global Sourcing with major bids and projects
- Assist Director of Global Sourcing with execution of the sourcing strategy and new vendor development plan
- Responsible for the new product development plan in the product categories assigned
- Complete the customer project and price quote in a timely manner
- Manage the product portfolio and make recommendations to management based on item performance
- Review prototypes and production samples for compliance of specifications
- Interface with Marketing, Purchasing, Finance, Logistics and Warehouse on initial product part purchase order requirements
- Answer product-related questions for various departments as needed
- Manage the performance of assigned suppliers
- Prepare quarterly sales report and analysis for review with management
- Create and maintain SOPs that are important for the function of the department
- Manage samples from suppliers in VST
- Attend trade shows and visit suppliers
- Travel:
Up to 10%.
Education/Technical Certifications:
- Bachelor's degree required; business-related degrees preferred.
Experience:
- Previous project management and/or sourcing experience is a plus
- Cosmetic/beauty industry knowledge preferred
- Cosmetic packaging experience is a plus
- 3 - 4 years of work experience in a related field
Skillsets:
- Excellent interpersonal and communication skills with internal teams and vendors
- Acumen of industrial trends and changes for new product creation
- Excellent cost analysis skills
- Strong project and time management skills
- Strong organizational and analytical skills
- Detail-oriented
- Excellent verbal and written communication skills
- Superior negotiation skills
- Sense of commodity and currency impacts on the product to manage supplier costs
- Strong computer skills (Word, Excel, PPT)
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