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Sr. Procurement Manager

Sr. Procurement Manager

COTYMorris Plains, NJ, US
22 days ago
Job type
  • Full-time
Job description

Sr. Procurement Manager

Function : Procurement

Location : Morris Plains, NJ, US

Work Arrangement : Hybrid

Position Title : Sr. Procurement Manager, New Product Development (NPD)

Location : Morris Plains, NJ (Hybrid 3 Days Onsite)

About The Wella Company

Together, WE enable individuals to look, feel, and be their true selves.

Wella Company is one of the world's leading beauty companies, comprised of a family of iconic brands such as Wella, Clairol, OPI, Nioxin and ghd. With 6,000 employees globally, presence in over 100 countries, Wella Company and its brands enable consumers to look, feel, and be their true selves. As innovators in the hair and nail industry, Wella Company empowers its people to delight consumers, inspire beauty professionals, engage communities, and deliver sustainable growth to its stakeholders.

The Role

The NPD Senior Procurement Manager is responsible for delivering the innovation pipeline of the Wella Company portfolio. This position works closely with suppliers and internal counterparts : category procurement, R&D, Marketing, Global project teams, planning, and manufacturing. Brand strategy understanding as well as a broad knowledge of packaging, and third-party manufacturing is required for this position.

Key Responsibilities

  • Deliver innovation to the three-year initiative masterplan
  • Meet brands financial targets as defined at project brief
  • On-time supply chain and pricing set up to meet the initiative constrained timing and enable the company to reach its growth revenue targets
  • Manage sourcing tenders, supplier negotiations at project level, and business allocation recommendations and awards as aligned with the Category Procurement strategy.
  • For never-done-before products : bring visibility to the procurement organization of upcoming projects
  • Scout inside and outside the existing supplier portfolio via RFI's and RFQ's.
  • Challenge Marketing and Packaging teams on Design-to-Cost / Value engineering principles to ensure specifications optimization and cost alternatives while fitting to business functional requirements
  • Report price estimates, risks on commercial agreements, and gross margin target to the project teams ahead of key initiative decision gates.
  • Apply the best category strategy to the specific needs of the Division by partnering with Global and Regional Category teams and key internal stakeholders.
  • Manage on-time Master Data set ups.

Minimum Qualifications

  • 5 + years of relevant experience working in direct procurement
  • A bachelor's degree in business administration, engineering, or similar is required. Master's degree a plus.
  • Experience in sourcing primary and secondary packaging as well as third party manufacturing is a strong advantage.
  • Strong collaboration & communication skills : both within the procurement organization and outside with business and technical stakeholders.
  • Ability to easily navigate through the organization to remove roadblocks to achieve objectives.
  • Results driven in a fast-paced environment; the NPD Senior Procurement Manager embraces change while keeping objectives and timelines on target.
  • Strong multi-tasking capabilities : can manage multiples projects with their own supply chain challenges and in different stages of completion.
  • Pay Range : $100,000-$125,000 salary per year. The range listed is just one component of Wella Company's total rewards package for employees. Other rewards may include annual bonus plan or variable pay, depending on the role. In addition, Wella Company provides a rich variety of benefits to employees, including health insurance, life and disability insurance, 401(k) retirement plan, paid holidays and paid time off (PTO).

    All qualified applicants will receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or other legally protected status.

    If you need assistance and / or a reasonable accommodation due to a disability during the application process, please email NA.Recruiting@wella.com.

    Wella participates in the E-Verify Program to confirm eligibility to work in the United States. Information regarding your rights : Know Your Rights and Pay Transparency Nondiscrimination Provision.

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    Procurement Manager • Morris Plains, NJ, US

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