Indirect Procurement Manager

3 days ago

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

The Category Sourcing Manager will drive strategic procurement activities, evaluating existing and new suppliers, negotiating supplier contracts, and managing supplier relationships within assigned categories - Benefits, IT, and consulting. Under the direction of the Head of General Procurement for North America, this role will 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 considering TCO (total cost of ownership), service, and quality.
  • Lead supplier segmentation, rate card, contract negotiations, etc. for assigned categories.
  • Manage relationships with suppliers (financial stability, KPIs, 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, including measuring and improving their utilization.
  • Track and monitor efficiencies reached on categories managed (cash impact, global supply impact) to deliver 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.
Competencies:
  • Able to effectively communicate and implement change with internal budget owners, peers, senior management, and suppliers.
  • Ability to work under pressure; multi-tasker; manages time effectively.
  • Strong verbal and written communication skills.
  • Strong ability to establish and maintain collaborative working relationships.
  • Demonstrates strong problem-solving and analytical skills. Strong attention to detail.
  • Willingness to travel

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