Product Sourcing Specialist

4 - 8 years

0 Lacs

Posted:2 days ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Product Sourcing professional with 4-7 years of experience, your role will involve the following key responsibilities: - Sourcing & Vendor Development - Identify and onboard reliable suppliers for raw materials, packaging, and finished goods from domestic and international locations - Assess vendor capabilities, MOQs, production capacity, certifications, and trade terms - Maintain vendor master data, price trackers, and commercial terms - Commercial Negotiation & Terms - Evaluate trade-offs between cost, quality, and delivery timelines - Ensure transparency and documentation in all vendor transactions - Packaging & Product Configuration - Coordinate with vendors and packaging teams on material selection, artwork adaptation, printing specs, and final assembly - Monitor and approve packaging prototypes and first lots before scaling production - Understand cost structures of packaging (primary, secondary, tertiary) - New Product Development (NPD) Support - Work closely with product, R&D, and marketing teams for launch timelines - Drive sourcing timelines aligned to product go-live dates - Handle NPD-related commercial operations from costing sheets to vendor agreements - Compliance & Documentation - Ensure all sourcing activities comply with internal quality, legal, and environmental standards - Maintain contracts, NDAs, purchase orders, and packaging compliance documents (BIS, FSSAI, etc., as applicable) Qualification Required: - 3-7 years of experience in sourcing/procurement, preferably in FMCG, personal care, beauty, or wellness industries - Strong network of vendors and manufacturers across different regions - Understanding of vendor behavior, seasonal factors, negotiation levers, and delivery risks Preferred Skills: - Experience sourcing from China, Southeast Asia, or regional Indian hubs (Local markets) - Knowledge of customs/import processes and local compliance requirements - Detail-oriented with strong project management and stakeholder coordination skills In addition to the key responsibilities and required qualifications, the job also emphasizes the importance of skills such as vendor development, purchase planning, procurement, NPD, and vendor negotiation.,

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