Strategic Procurement Manager
7 days ago
We are seeking a Strategic Procurement Manager to drive strategic sourcing for all Packaging materials and collaborate with multiple Business Units to secure optimal purchasing opportunities.
About Colgate-PalmoliveColgate-Palmolive is a global organization that values creativity, experimentation, and authenticity. We strive to build a future to smile about for our employees, consumers, and surrounding communities.
Responsibilities- Create and drive strategic sourcing for all Packaging materials
- Collaborate with multiple Business Units to secure optimal purchasing opportunities
- Develop and execute risk mitigation strategies
- Evaluate suppliers based on technical, financial, supplier market benchmarks, Colgate global quality, and reliability parameters
- Review terms and conditions before signing contracts with suppliers
1. Procurement Planning: Study trends in Direct for new products or modifications to existing product and Marketing for category business projection
2. Study Trends and Anticipate Price Movements: Examine critical commodity price such as resins, paperboards, and anticipate its movements in the mid to long-term, and the consequent impact on the company's cost structure
3. Map Existing Supplier Base and Analyze New Vendors: Map existing supplier base and analyze the number of new vendors required to be able to generate cost leverages and limit the company's exposure to supply fluctuations
4. Prepare Procurement Strategy: Prepare procurement strategy for the mid to long-term, under the guidance of division category Supply Chain team and India leadership
Monitoring and Review- Oversee the e-auction process and monitor the achievement of benchmark prices
- Conduct negotiations on a one-on-one basis if the e-auction process is not successful
- Review compliance to the established approval matrix
- Track cost of materials and ensure achievement of savings targets
- MBA in Operations
- At least 8+ years of experience
- Ability for Cross Cultural collaboration and Influence
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