Job Description:
End-to-End Procurement, Own Brands. Lead sourcing of raw materials (actives, excipients,
fragrance, colour cosmetics inputs), packaging materials (primary and secondary), and select finished
goods from both domestic and international vendors.
Multi-Quote Process Design & Enforcement. Design and enforce a non-negotiable multi-vendor
quote process for every significant procurement. Maintain an auditable quote history and variance
analysis before PO issuance.
Vendor Development & Market Intelligence. Continuously scout and onboard new suppliers.
Maintain a structured recent-vendor pipeline covering price benchmarks, quality certification, capacity,
and compliance status.
Localisation Programme. Map imported components across the product portfolio, assess localisation
feasibility, and build domestic partnerships to progressively reduce import dependency - improving
lead times and landed costs.
Inventory Risk Management.
Work with planning and brand teams to right-size procurement
volumes; monitor slow-moving and non-moving inventory; drive root-cause resolution and liquidation
plans.
Current Product Launch Support. Partner with NPD and brand teams to keep procurement on the
critical path - not the bottleneck. Define and own procurement SLAs for recent launches.
Cost Benchmarking & Savings Reporting. Own a structured cost-saving tracker - initial quoted price
versus final negotiated cost - and report outcomes to leadership monthly by category.
Contract & Compliance Management. Negotiate and formalise vendor agreements, payment terms,
and quality commitments. Ensure compliance with Nykaa's quality, safety, and regulatory standards.
Team Building. Recruit, mentor, and grow a small, high-performance procurement team with clear
ownership by category and function.