Category Manager
Phibro Ethanol · Teaneck, NJ · 1 mo ago
MarketingFull-time
About the role
The Category Manager is an integral part of our Indirect Procurement team based out of our US - Teaneck, NJ - Remote site. The role focuses on driving cost savings, improving supplier performance, and ensuring compliance with procurement policies.
Key Responsibilities
- Develop and implement sourcing strategies for various indirect spend categories, ensuring alignment with business goals, cost efficiency, and supplier performance.
- Build and manage strong relationships with suppliers to ensure competitive pricing, quality, and service delivery.
- Conduct regular performance evaluations and manage supplier development programs.
- Identify opportunities for cost reduction and value creation through strategic sourcing, supplier consolidation, and process improvement initiatives.
- Lead negotiations with suppliers for indirect categories, ensuring favorable contract terms related to price, service levels, delivery timelines, and risk management.
- Conduct market research and benchmarking to stay informed about industry trends, pricing, and supplier innovations. Use insights to drive sourcing decisions and enhance category strategies.
- Partner with internal departments such as R&D, IT, Marketing, HR, and Finance to understand their needs, ensure procurement support, and align purchasing activities with broader company objectives.
- Identify, assess, and mitigate risks associated with supplier performance, compliance, and market volatility. Develop contingency plans to ensure business continuity.
- Continuously evaluate procurement processes and systems to enhance efficiency, reduce costs, and ensure compliance with company policies and regulatory requirements.
- Track and analyze key performance indicators (KPIs) related to cost savings, supplier performance, and procurement effectiveness. Use data to make informed decisions and improve category management practices.
- Ensure that procurement practices for indirect categories align with corporate sustainability initiatives and comply with ethical sourcing and legal standards.
Key Competencies
- Analytical Ability
- Acting Strategically
- Adapting to Change
- Assembling Talent
- Business Acumen
- Committed
- Communicating Effectively
- Critical Thinking
- Delivering High Quality Work
- Demonstrating Initiative
- Detailed Oriented
- Driven
- Driving for Results
- Evaluating and Implementing Ideas
- Gets It Done
- Gets It Done The Right Way
- Innovative
- Interpersonal Skills / Communication
- Learning Quickly
- Maintaining Objectivity
- Making Accurate Judgments and Decisions
- Managing Risk
- Problem Solving
- Trustworthy
- Sees What Needs To Get Done
- Collaboration
- Driving Continuous Improvement
Education & Experience
- Bachelor’s degree in supply chain management, Business, Finance, or related field (Master’s degree or MBA preferred).
- 7+ years of experience in procurement, category management, or strategic sourcing, specifically within indirect spend categories.
- Proven track record of delivering cost savings and value optimization within indirect spend categories.
- Strong negotiation and contract management skills with experience managing complex supplier relationships.
- Excellent communication and interpersonal skills, with the ability to influence and collaborate with cross-functional stakeholders.
- Analytical skills with a strong understanding of financial and market analysis.
- Proficiency with ERP systems and procurement tools (J.D. Edwards and GEP Software is preferred).
- Professional certifications such as CPSM, CIPS, or PMP are a plus.