Sourcing/Purchasing Manager

Company Overview

BodyBio is a third-generation, family-owned company that’s been pioneering cellular health since 1998. Built on a foundation of clinical research and rooted in real-world results, we develop and manufacture science-backed supplements that support foundational wellness—from brain to gut to mitochondria. Our mission is to empower optimal health by restoring function at the cellular level.

Job Overview

The Sourcing/Purchasing Manager is responsible for all sourcing activities at BodyBio with a main focus on co-mans, ingredients vendors, packaging materials vendors and production materials; Conducting RFP’s to assess capabilities, quality and pricing; Onboarding co-mans and vendors by developing, maintaining and training on procedures; Sending and managing fulfillment of purchase orders.

Key Responsibilities

Sourcing

• Source the best quality co-mans, ingredients, packaging (labels, bottles, caps, inner seals, tamper bands, boxes, etc), and production materials (drums, bags, PPE, etc).
• Lead sourcing of vendors/services for other teams as requested
• Conduct RFP’s for new vendors and create professional relationships with new and
• existing vendors to ensure best results
• Analyze responses and develop recommendation for future vendors
• Plan and execute new vendor transitions with production and quality teams
• Coordinate artwork transitions and press checks with design team and vendors
• Manage quality assurance of all transitioning ingredients and materials.
• Monitor commodity markets and make informed decisions.

Purchasing

• Place POs for materials in a timely manner with clear instructions for each vendor.
• Ensure on-time delivery of ordered materials while meeting quality specifications.
• Validate that all items meet specifications and quantity.

Managing Potential Transactions

• Establish the goal for the potential transition along with its scope and budget.
• Identify the key stakeholders.
• Gather and understand the required specifications.
• Create the RFP outlining the specifications, the required financial strength of the vendors, and key deadlines for the vendors.
• Analyze responses received from vendors.
• Negotiate pricing.
• Communicate regularly the progress of the project to the key stakeholders.
• Present final findings to key stakeholders and gain their support.
• Establish a transition plan with the key stakeholders.
• Manage the transition plan.

Budgeting

• Forecast and report out sourcing spend.
• Perform spend analysis and review it with senior management.

Continuous Improvement

• Identify opportunities for process improvement
• Develop a business case and drive execution of the approved improvement
• Implement best practices and lessons learned.

Qualifications

• Minimum five (5) years of sourcing/purchasing experience in a nutraceutical/pharma/food industry.
• Bachelor’s degree from a four-year college required.
• Strong leadership, relationship building and communication skills.
• Must be able to facilitate meetings with senior functional leads.
• High level of proficiency in Excel and Power Point.
• Strong organizational, prioritization, and detail oriented.
• A self-starter who takes initiative.
• Ability to travel at least 10% of the time.
• NetSuite experience a plus.