Category Manager

4 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. This individual will support multiple categories from defining the category strategy to follow-up with the implementation.

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 Group/Local Policies and Procedures and ensure Process Governance.
Requirements
  • Minimum 10 years of experience in strategic sourcing and procurement.
  • 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; CPG or consulting background 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.
  • Able to effectively communicate and to implement change with internal budget owners, peers, senior management, and suppliers.
  • Ability to work under pressure; multi-tasker; manages time effectively.
  • Highly strategic and able to jump on multiple projects.
  • Strong organization and projects management skills.
  • 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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