Senior Specialist, Global Procurement

Direct Materials Procurement - New Product Introduction

Responsible to collect and present market trends and dynamics, competitive environment and industry best practices in order to assist in the creation of the sourcing strategy.

Collaborate along with other key functions - the overall sourcing strategy and ensure seamless execution across all modalities until launch.

• Support strategic and operating objectives for the procurement function including product sourcing, supply risk management, supplier performance improvement, cost reduction, supplier development, working capital improvement, and supplier relationship management.
• Work with cross functional teams including Legal, Finance, Procure-to-Pay, internal stakeholders, and external suppliers.
• Conduct detailed market analyses looking at facts and data with the objective of providing deep and meaningful insights.
• Implement procurement strategies and execute tactical procurement processes.
• Serve as a resource regarding processes, procedures and systems for procurement function.
• Support selection of suppliers to ensure appropriate savings and service levels.
• Ensure that all legal contract requirements are met.
• Manage relationships with selected external contacts to ensure optimal team performance.
• Enforce compliance with all Global Procurement policies and procedures by using a data driven business case approach.

Supplier and Supply Market Analysis

To conduct rigorous market intelligence and detailed supplier and supply market analyses, to provide deep and meaningful insight to sourcing teams.

• Cost Modeling / Cost reduction
• To construct detailed cost models/purchase price analysis of goods and services that are supplied to our company. At times, this will require supplier visits to create a complete understanding of the cost structure of suppliers and develop cost reduction opportunities.
• Strategic Analysis
• To conduct project analysis which transforms information into insightful, well-structured breakthrough options and opportunities. Examples include Portfolio Analysis, Supplier Preferencing, and Day One Sourcing.
• Financial Analysis & Reporting
• To prepare analysis and reporting of category spend, savings, compliance, and other metrics. To support the annual budget / profit planning process for the category at the global level. To maintain financial reporting and management systems (including SAP) with up-to-date data on an ongoing basis.
• Negotiation Planning
• To create detailed pre-negotiation plans, to support and participate in prolonged negotiation sessions with suppliers and to conduct post negotiation debriefs and follow through plans.
• Sourcing
• To create and execute RFIs, RFPs, and e-Auctions, together with subsequent structured information analysis wherever possible using electronic procurement processes.
• Risk Assessment and Mitigation
• To conduct effective risk assessment (including Financial Solvency Analysis, compliance with FCPA, Business Partner Code of Conduct, etc.) and establish appropriate risk mitigation plans within the supply-base pursuant to our company Manufacturing Division's risk management framework.
• Category Team Membership
• To be an active member of one or more category teams using the techniques and content created in above as input in the creation of breakthrough strategies delivering cost reduction targets.
• Sharing of Learnings
• The candidate will be expected to generate high quality work and to share and transfer this to colleagues throughout Global Supplier Management Group (GSMG).