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. Today, Revlon resiliently continues its legacy as a leading global beauty company with a diverse portfolio of iconic brands sold worldwide through prestige, professional, mass, and direct-to-consumer channels.
About the role
This hybrid role requires employees to work from our Kenilworth, New Jersey or NYC office 3 days per week and may work remotely the remaining days. The ideal candidate is a recognized procurement expert who can develop, plan, implement, and maintain leading-edge sourcing strategies across supply categories and relationships to achieve transformed business results and best total value of ownership.
Responsibilities
- 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, and innovation.
- Actively drive value beyond cost—e.g., growth, innovation, risk management.
- Regularly monitor the market for category-leading practices and demand/supply shifts, such as supply consolidation and technology innovations.
- Strategic Sourcing:
- Execute strategic sourcing projects using best-practice sourcing methodology to deliver exceptional total value in partnership with key stakeholders.
- Follow the 7-step Sourcing Methodology to gather stakeholder and subject-matter expertise/insights and market intelligence.
- Assess supplier capabilities and identify new suppliers.
- Analyze supplier proposals and facilitate fact-based supplier selection processes.
- Prepare and present business cases and should-cost models; perform complex data analysis and build financial models (e.g., ROI, supplier scorecards, savings tracking, make vs. buy decision models).
- Analyze and summarize RFP responses and results; prepare recommendations for Senior Management.
- Develop negotiation strategies and lead negotiations to maximize total value and minimize risks.
- Establish contract terms and conditions; coordinate with legal to execute contracts that optimize partnerships.
- Develop transition plans to new suppliers and support implementation.
- Ensure savings are delivered against the financial plan.
- Drive continuous improvements post-project.
- Supplier Relationship Management:
- Establish and manage governance processes with suppliers and outsourced partners for categories in scope.
- Develop qualified, competitive sources of supply through comprehensive financial and market reviews.
- Provide feedback on performance, seek continuous improvement, and drive 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.
- Identify root causes of performance issues and drive efficient resolution with internal and external stakeholders.
- Continuous Improvement:
- Identify cost drivers to increase cost awareness and influence cost consciousness.
- Oversee and manage re-engineering, value engineering, and demand management opportunities to enhance operational effectiveness.
- Implement and drive procurement strategy, policies, and procedures.
- Enforce compliance with procurement policies and work 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 and budget analysis.
- 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 for sourcing and non-sourcing improvements (e.g., demand management, process improvements, insource vs. outsource).
- Gather requirements and specifications from business and category experts to ensure proposed solutions meet business needs.
Requirements
- BS/BA degree in a relevant area such as supply chain, business, or STEM; MBA or other relevant certification (e.g., ISM CPSM or Six Sigma) highly desirable.
- 5+ years of relevant strategic sourcing experience demonstrating success in positions of increasing complexity.
- Deep experience designing end-to-end procurement strategies and leading sustainable, high-impact sourcing approaches leveraging sourcing levers beyond tendering.
- Experience with category management strategies, opportunity diagnostics, strategic sourcing processes, and 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.
- 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 with high competency in MS Office; advanced Excel skills and proficiency in other analytics software, eSourcing, Ariba, SAP, and JDE.
- 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.
- Some travel may be required.
- Legally authorized to work in the United States without current or future visa support.
Pay
The base pay range for this position is $88,000 - $110,000 per year, depending on skills, experience, job-related knowledge, and geographic location. Certain positions may also be eligible for short-term incentives as part of total compensation.
Benefits
- Medical, dental, and vision benefits for employees and their families.
- Company-paid basic life insurance and short-term disability insurance (benefits commence upon hire).
- Long-term disability, supplemental life insurance, flexible spending accounts, critical illness insurance, group legal, and identity theft protection.
- 401k Retirement Savings Plan.
- 3 weeks of vacation (pro-rated based on date of hire for the first year of employment) and twelve paid holidays throughout the calendar year.
Schedule
Shift hours: 8:00 AM - 5:00 PM.