Qosmedix · 4 days ago
Sourcing Specialist
Qosmedix is a company focused on the cosmetic and beauty industry, seeking a Product Development & Sourcing Specialist. The role involves managing sourcing projects, developing product specifications, and collaborating with suppliers to meet customer needs.
BeautyConsumer GoodsSales
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
Organize and maintain library of samples from suppliers
Attend trade shows and visit suppliers
Travel: Up to 10%
Qualification
Required
Bachelor's degree required
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)
Preferred
business-related degrees preferred
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
Company
Qosmedix
Qosmedix is a leading supplier of single-use applicators, packaging, spa supplies and professional make-up brushes for the beauty industry.
Funding
Current Stage
Early StageCompany data provided by crunchbase