VP of Procurement (Dietary Supplement)

Position Overview:

The Vice President of Procurement will provide strategic and operational leadership across the company’s procurement and sourcing functions. This executive will be responsible for ensuring reliable and cost-effective supply of raw materials, ingredients, components, and packaging required to support the manufacturing operations and customer demand.

Key Responsibilities:

·       Develop and execute a comprehensive procurement and strategic sourcing strategy aligned with company growth, manufacturing requirements, and financial objectives.

·       Develop, lead, and mentor the procurement and purchasing organization, establish clear performance expectations and accountability.

·       Establish procurement policies and procedures, KPIs, and controls that support a scalable, high-performing organization.

·       Serve as a strategic partner to executive leadership on material costs, supplier strategy, inventory exposure, supply-chain risk, and working-capital opportunities.

·       Support organizational growth by building procurement infrastructure capable of managing increasing volume, SKU complexity, and customer requirements.

Strategic Sourcing & Supplier Management:

·       Lead strategic sourcing of dietary supplement ingredients, raw materials, excipients, flavors, botanicals, vitamins, minerals, specialty ingredients, and packaging components. 

·       Develop and maintain a diversified supplier network capable of supporting quality, cost, capacity, lead-time, and continuity requirements.

·       Negotiate supplier agreements, pricing, payment terms, minimum order quantities, lead times, and other commercial terms.

·       Establish supplier performance programs focused on quality, service delivery, cost responsiveness, and reliability.

·       Identify alternative and secondary sources for critical materials to mitigate supply-chain risk and reduce dependency on single-source suppliers.

·       Monitor ingredient markets, commodity trends, geopolitical risks, tariffs, and other factors that could impact material availability and cost.

Cost, Inventory & Working Capital:

·       Develop sourcing and negotiation strategies that drive measurable material cost savings and margin improvements.

·       Partner with Supply Chain, Operations, and Finance to improve inventory turns and working-capital performance while maintaining appropriate material availability.

·       Optimize liquidity and working capital requirements while maintaining supplier stability, contractual obligations, customer commitments, supply continuity, and long-term strategic supplier relationships.

·       Track procurement KPIs, including purchase-price variance, material spend, supplier performance, cost savings, inventory exposure, and on-time delivery.

Manufacturing & Cross Functional Leadership:

·       Ensure procurement activities support production Schedules and customer commitments across a complex, high-SKU, batch-based manufacturing environment.

·       Partner with operations and planning to proactively address shortages, long-lead-time materials, production changes, and demand fluctuations.

·       Improve utilization of ERP/MRP systems and procurement data to strengthen forecasting, purchasing, and material planning.

·       Partner with R&D and Product Development to support sourcing for new products, reformulations, and commercialization.

·       Collaborate with Quality on supplier qualifications, documentation, specifications, corrective actions, and supplier performance.

·       Ensure procurement practices support applicable FDA requirements, including 21 CFR Part 111, cGMP standards, and company quality requirements.

Required Qualifications:

·       Bachelor’s degree in Procurement, Supply Chain Management, Business, Operations Management, Finance or related field.

·       10+ years of progressive procurement, strategic sourcing, purchasing, or supply-chain experience within manufacturing, including leadership responsibilities.

·       Preference will be given to candidates with demonstrated experience within the FDA – regulated dietary supplement or nutraceutical Manufacturing industry.

·       Contract manufacturing (CMO/CDMO) experience strongly preferred.

·       Demonstrated experience sourcing ingredients, raw materials, and packaging within a complex manufacturing environment.

·       Proven success negotiating supplier agreements and delivering measurable cost savings.

·       Strong understanding of inventory management, material planning, working capital, supplier risk, and supply continuity.

·       Experience within high-SKU, batch-based manufacturing environments strongly preferred.

·       Strong ERP/MRP experience with the ability to use data and analytics to drive purchasing and sourcing decisions.

·       Proven success leading and developing procurement teams.

·       Strong negotiation, analytical, communication, and cross-functional leadership skills.

Ideal Candidate:

The ideal candidate combines strategic sourcing expertise with hands-on procurement leadership within the dietary contract manufacturing industry. This individual understands the complexity of managing hundreds of ingredients and materials across multiple customers, formulations, SKUs, and production schedules.

Additional Details:

·       Full Time with Competitive Compensation

·       Onsite Position

·       Health Benefits Package

·       PTO

·       Company headquarters in Tampa, Florida

These responsibilities and qualifications outlined above are intended to provide a general overview of the position and may evolve based on the needs of the organization.