Manager, Procurement

Revlon Corporate•Kenilworth, NJ

25d•Hybrid

About The Position

This role is a Hybrid Role: Employees are expected to work from our Kenilworth, New Jersey office 3 days per week and may work remotely the remaining days. Recognized procurement expert who can develop, plan, implement, and maintain leading edge sourcing strategies and directional guidance and integration across the supply categories and supply relationships to accomplish transformed business results and to achieve best total value of ownership. Develop, decide and execute category/commodity management strategies, supplier relationship management, negotiation, risk management and supply base performance management. Plays lead role for negotiations, contracts, partnerships, and service levels while accomplishing cost saving targets, required quality, service levels and work collaboratively with cross functional organizations including senior management. Excellent analytical skills, communication skills, business acumen, influencing skills, and the ability to work in a team environment are also critical.

Requirements

BS/BA degree in relevant area such as supply chain, business or STEM required
5 years+ of relevant strategic sourcing experience demonstrating success in positions of increasing complexity
Deep experience designing end-to-end procurement strategies and a track record of leading sustainable high impact sourcing approaches levering sourcing levers beyond tendering
Experience with category management strategies for categories in scope, opportunity diagnostic, strategic sourcing process, supplier management with a proven track record of delivering business impact
Demonstrated analytical, financial, problem solving, organization, and project management skills
Highly motivated with an entrepreneurial mindset, proactive and innovative
Experience working effectively in global complex organizations and with offshore providers
Ability to lead and influence change in the face of complexity and ambiguity
Excellent stakeholder engagement skills
Thrives in a fast paced, goal oriented, dynamic organization with time sensitive deadlines
Leverage market data, external expert resources, spend analytics, and cost modeling to drive fact based decision making
Strong project management skills, including stakeholder timelines and meeting management skills
Expert understanding of contract terms and techniques for driving additional value and managing risks
Ability to support, lead and conduct successful negotiations
Develop and manage relationships across the business to achieve key business, organizational and cross-cultural objectives
Knowledge of Supplier Management tools (SRM, conducting Quarterly Business Reviews, etc.)
Technology-savvy and high competency in MS office; Advanced Excel skills and other analytics software as well as eSourcing, Ariba, SAP and JDE
Excellent analytical skills, communication skills, business acumen, influencing skills, and the ability to work in a team environment are also critical
Excellent written, verbal and presentation skills including meeting facilitation and presentations
Ability to interact effectively and gain credibility with internal associates at all levels as well as external third parties

Nice To Haves

MBA and other relevant degree /certification (e.g., ISM CPSM or Six Sigma) highly desirable

Responsibilities

Provide sourcing category expertise for all related categories including insourcing vs. outsourcing models
Support development of category strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requirements
Identify profit improvement opportunities beyond sourcing, such as demand management, process improvements, insource vs. outsource, innovation, etc.
Actively drives value beyond cost – e.g., growth, innovation, risk management
Regularly monitors the market for category leading practices and demand/supply shifts such as supply consolidation, technology innovations, etc.
Execute strategic sourcing projects utilizing best practice sourcing methodology to deliver exceptional total value in partnership with key stakeholders across the business
Executes strategic sourcing initiatives following the 7-step Sourcing Methodology
Gathers stakeholder and subject-matter expertise/insights and market intelligence to ensure sourcing solutions meet business needs
Assess supplier capabilities and identify new suppliers
Analyze supplier proposals and facilitate fact-based supplier selection process
Prepare and present business cases and should-cost models; performs complex data analysis and build financial models (i.e. ROI, supplier scorecards, savings tracking, make vs. buy decision models)
Analyze and summarize RFP responses and results and prepare recommendations for Senior Management
Develops negotiation strategy and leads negotiations to maximize total value and minimize risks
Establishes contract terms and conditions and coordinates with legal to execute contracts with suppliers that optimize the partnership
Develop transition plan to new supplier and support implementation
Ensure savings are delivered against financial plan
Drive continuous improvements post project
Establishes and manages the governance processes with suppliers and outsourced partners for categories in scope
Develops qualified, competitive sources of supply on a continuing basis through comprehensive financial and market review
Provide feedback on performance, seek continuous improvement and innovation
Work with suppliers and key stakeholders to manage supplier performance and develop new capabilities
Build and maintain strong relationships with stakeholders and third-party providers
When performance issues emerge, identify root causes and work with internal and external stakeholders to drive efficient resolution
Work with team’s post projects to identify continuous improvement initiatives.
Identifies costs drivers to increase cost awareness and influence cost consciousness
Identifies, oversees, pursues and manages re-engineering, value engineering and demand management opportunities to enhance operational effectiveness, interfacing with cross-functional teams
Implements and drives procurement strategy, policies and procedures
Enforces compliance to procurement policies and works to increase adoption
Support value generation sourcing and process improvement initiatives
Conduct analysis in Excel and other BI tools to support procurement activities including spend analytics, budget analysis, etc.
Leverage spend analytics to identify consolidation opportunities; understand total cost of ownership and cost drivers, analyze product/service specifications to identify rationalization opportunities; analyze demand and spend to identify patterns and reduction opportunities
Analyze market intelligence to build business cases and should cost models to identify and quantify improvement opportunities for both sourcing and non- sourcing – e.g., demand management, process improvements, insource vs. outsource, etc.
Gather requirements and specifications from business and category experts to ensure that proposed solutions meet business needs