COE Analyst-1

2 days ago

Hyderabad, Telangana, India IFF Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Summary
Responsible for supply and service assurance and vendor management of spend to support assigned site(s). The COE Buyer is responsible to resolve/reconcile price discrepancy and supply disputes with vendor to support site demand and meet customer request in most efficient and effective manner an at the lowest cost and admin. Position is also responsible for assigned sourcing and vendor management to support plants. Participate in Tail Spend sourcing initiatives as assigned, negotiating tail spend for assigned site(s). Participate in implementing procurement policies and procedures.

  • Respond to plant requests with urgency and ownership.
  • Understand the market dynamics, economic situation, and business practices.
  • Develop supplier network. Monitor and manage supplier performance for the assigned location(s)/portfolio and ensure continuity of supply/services for designated sites of responsibility.
  • Work closely with planning and manufacturing to address potential supply shortage and production issues.
  • Manage the local sourcing for the assigned plant(s) and regional sourcing portfolio in accordance with Global Procurement policies, systems and procedures.
  • Manage team's shared mailbox.
  • Execute Tail Spend strategy including basic tail management: create, maintain and approve suppliers as per stakeholders' requests.
  • Build and manage internal relationships with IC&D Team, Operations, Sales, Finance, Legal, Quality, and GRA. External relationships with suppliers/potential supply partners for smooth and efficient execution of purchasing strategies.
  • Understands and is updated on business needs and evolution regarding product changes, forecast and critical product demand.
  • Resolve issues with suppliers regarding delivery, quality, supply problem, pricing and issues with blocked invoice for payment.
  • Creates leveraged agreements as appropriate.
  • Calculates and reports accomplishments in all appropriate systems.

We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

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