Manager, Procurement

At Revlon, we create beauty innovations for everyone that inspire confidence and ignite joy every day.

Breaking beauty boundaries is in our company’s DNA. Since its game-changing launch of the first opaque nail enamel in 1932 (and later, the first long-wear foundation), Revlon has provided consumers with high-quality product innovation, performance, and sophisticated glamour. Elizabeth Arden made waves as a woman-led beauty company in the 1920s. In 1931, Almay became the original hypoallergenic, fragrance-free beauty brand.

Today, Revlon resiliently continues its legacy as a leading global beauty company. Our diverse portfolio—which consists of some of the world’s most iconic brands and product offerings in color cosmetics, skin care, hair color & care, personal care, and fragrances—is sold around the world through prestige, professional, mass, and direct-to-consumer retail channels. These brands include Revlon, Revlon Professional, Elizabeth Arden, Almay, American Crew, CND, Cutex, Mitchum, Sinful Colors, Creme of Nature, Britney Spears, Christina Aguilera, John Varvatos, Juicy Couture, Ed Hardy and more.

We honor our heritage, embrace change, and applaud diversity. We champion our employees and celebrate our consumers.

We are Revlon, together, transforming beauty.

Position Overview:

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.

Category Management:

• 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.

Strategic Sourcing: 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

Supplier Relationship Management: 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

Continuous Improvement: 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

Procurement Analysis: 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

Education & Experience:
• BS/BA degree in relevant area such as supply chain, business or STEM required.
• MBA and other relevant degree /certification (e.g., ISM CPSM or Six Sigma) highly desirable.
• 5 years+ of relevant strategic sourcing experience demonstrating success in positions of increasing complexity.

Knowledge and Skills Required:
• 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.
Communications:
• 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.

Other Requirements:
• Some travel may be required

#LI-PD1