Procurement Manager

2 weeks ago

Parsippany, New Jersey, United States Ferrero Full time
About the Role

The Category Sourcing Manager will be responsible for driving strategic procurement activities, evaluating existing and new suppliers, negotiating supplier contracts, and managing supplier relationships within their assigned categories - Benefits, IT, and consulting. This role will work under the direction of the Head of General Procurement for North America to implement General Purchasing best practices within the North America Area.

Main Responsibilities
  • Define, recommend, and execute short, medium, and long-term plans to deliver continuous improvement and value in cost, service, working capital, innovation, and processes while maintaining compliance with company guidelines.
  • Support regionalization efforts through spend consolidation, regional initiatives, supplier evaluations, and supplier consolidation.
  • Lead negotiations with suppliers to secure maximum value while taking into consideration TCO (total cost of ownership), service, and quality.
  • Lead supplier segmentation, rate card, contract negotiations, etc. for assigned categories.
  • Manage relationship with suppliers (Financial stability, KPI's, Business review, SLA compliance...) to generate value for both Ferrero and the suppliers over time.
  • Analyze and monitor market trends, supplier landscape, and innovation/trends for respective categories.
  • Ensure proper alignment with internal customers on business needs.
  • Manage and maintain contract coverage inclusive of measuring and improving their utilization.
  • Track and monitor efficiencies reached on categories managed (cash impact, global supply impact) to deliver the company objectives for year-to-year improvement.
  • Support Purchase Order Management and Vendor Data Management activities as required.
  • Strong connection, partnership, collaboration with the central team in executing/supporting strategic sourcing activities for categories assigned.
  • Implement and ensure compliance of Global/Local Policies and Procedures and ensure Process Governance.
Requirements
  • Minimum 10 years of experience in strategic sourcing and procurement; specifically supporting Benefits, IT, consulting categories.
  • Mastery of purchasing techniques: 7 steps process, procurement category management, vendor segmentation, negotiating skills, RFI, RFQ, budgeting, market analysis, risk management, price management.
  • Strong knowledge of advanced analysis in Excel (e.g. vlookup, pivot tables, etc.).
  • Knowledge of SAP and SAP Ariba is preferred.
  • Experience in a cross-cultural/international organization is preferred.
  • Bachelor's or Master's Degree (Business Administration, Finance, Engineering, Legal or similar).
  • Professional Certification (CPM, CPSM, CPIM, CSCP, CIPS, and similar) is preferred.
About Ferrero

Ferrero is a family-owned company with a truly progressive and global outlook and iconic brands such as Nutella, Tic Tac, Ferrero Rocher, Raffaello, Kinder Bueno, and Kinder Surprise. As the love for our brands continues to grow, so too does our global reach. Represented in more than 50 countries, with products sold in more than 170, the Ferrero Group is loved by generations around the world. The secret to our global success? 38,767 dedicated employees who celebrate care and quality to craft a business, careers, and brands we are proud of.

How to be successful in the role and at Ferrero

Consumers, quality, and care are at the heart of everything we do. So, to be successful at Ferrero, you'll need to be just as consumer and product-centric as we are - dedicated to crafting brilliant results for consumers around the world.

Ferrero is committed to building a diverse and inclusive culture in which all employees feel welcomed and appreciated and have the same opportunities. We believe all of our people are equally talented in their own way. In nurturing the curiosity and natural abilities of our employees, we provide them, generation after generation, the means to succeed personally and professionally, enabling them to craft their journey at Ferrero.

Ferrero N.A. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics.

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