Senior Buyer

The world leader in cosmetics, L'Oréal is present in 150 countries on five continents. Our 37 international brands have allowed us to devote ourselves solely to one business: beauty, with a mission to provide the best in cosmetics innovation to all women and men globally. Our ambition is to win over another one billion consumers around the world by inventing the cosmetic products that meet the infinite diversity of their needs and desires through continued digital innovation. L'Oréal supports diversity and sustainable, ethical sourcing for all our products, and we have reduced our emissions by approx. 78% since 2005.

The DNA of L'Oréal is Innovation and we are driven by a real passion for the future. Our Research and Innovation Centres in India are the sixth innovation hub for L'Oréal worldwide to fuel local market innovations. The distance between beauty and tech is closing rapidly, and we are determined to be pioneers in this new beauty tech world. New digital technologies and services are making the world of beauty move faster than ever before. Data and artificial intelligence are opening new horizons for personalization and customization. By incorporating digital into everything that we do, we are creating a better relationship with our consumers.

With several billion units produced, the Operations Department is at the heart of the group's performance and is one of its major levers. Working in Operations at L'Oréal means working in a dynamic and diverse environment, with opportunities for functional mobility and an international career. A wide range of training courses, motivating responsibilities and highly varied assignments will enable you to learn and develop.

In our journey, we are looking for talented individuals who can lead us on this mission.

Would you like to be a part of the adventure?

We have a suitable opening in the
Operations – Sourcing
dept. for the role of
Senior Buyer – Category Sourcing,
SAPMENA (South Asia, Pacific, Middle East, North Africa)
, based in
Mumbai
.

As part of the global Fragrances/Actives/Naturals category team, you will be responsible for driving a challenging portfolio in a very fast-growing environment in transformation. These categories are at the heart of innovation and products claims and characterized by a strong premiumization, on a dynamic supplier market. Facing multiple challenges, among them securitization and sustainability, on top of more standard economic performance, you must animate an extensive pool of suppliers from major corporations to local companies while reinforcing supplier relations to leverage partnership.

Job Responsibilities
Category management

• As part of the global category team, contribute to the category strategy and its roadmap in coordination with various stakeholders that you will have to align (Business Team/Sustainability Team/Innovations teams (D3I) / Regulatory /Zones and factories)
• As category senior buyer, collaborate with all category buyers in the zones dedicated to the category (Europe, North Asia, Southeast Asia, North America, LATAM)
• Develop a thorough market knowledge and good understanding of the internal needs, and how the category can answer to it.
• Anticipate mid-term/long-term evolutions related to Regulatory and Consumer shifts.
• Share global market knowledge and intelligence with zones and internal stakeholders.
• Develop a strong relationship with internal stakeholders to anticipate evolutions on your portfolio.

Risk Management

• Comply with L'OREAL risk management policy toward most impactful raw materials (multi country securitization) and implement BCP or diversification for your dedicated scope.
• Carry out Risk assessment rating for the suppliers you are in charge of and implement any necessary action plan to secure them.
• Carry out Risk supply assessment for all raw materials of your dedicated scope to monitor Anticipation RM process.

Economic Performance

• Build year N+1 purchasing action plan and lead the budget for your dedicated scope.
• Manage worldwide bids and negotiations for your dedicated suppliers in compliancy with internal control guidelines (100% use of MySourcing) and build negotiation reports to consolidate your negotiation results.
• Implement budget actions and follow-up its implementation along the year N (trend)
• Report the economic performance in L'OREAL reporting tools.

Supplier Relationship Management

• As KSM (Key Supplier Manager), manage key dedicated suppliers and be accountable for the supplier relationship management.
• Lead annual business reviews and follow-up continuous improvement plan.
• With the support of the Category Manager & Director, implement long-term contract and strategic deals.

CSR Management

• Contribute to Greenification roadmap and lead Sustainable transformation of your dedicated portfolio, in accordance with the Group strategy to reach 2030 targets defined under L'OREAL for the Future
• Follow-up the Sustainable Field projects of the category, and update their contractual frame, together with the Sustainability Team
• Contribute to master sustainability ambitions and stakes for the category.
• Challenge and monitor suppliers regarding CSR capabilities.

Education And Key Skills

• Bachelor or above degree in Business, Procurement, Supply Chain Management or a related area Minimum 5/10 years in purchasing mandatory with strong experience in negotiation.
• Management of complexity
• Experienced with sourcing tools and data management.
• Analytical skills
• Resilience
• Rigorous with strong budget management skills
• Agile in learning and managing projects
• Excellent interpersonal skills to build strong relationships and networks
• Courageous in decision-making
• Proactive and results-oriented
• Excellent communication / influencing skills in English (written & verbal) with exceptional stakeholder management skills
• Proven ability to work and navigate in complex organizations and manage teams
• Excellent skills on PPT, Excel, Power BI etc.
• Excellent ethics

Key L'Oréal Competencies

• Innovator
• Strategist
• People developer
• Integrator
• Entrepreneur

Travel Required

• Travel will be need based on requirement.

L'Oréal is committed to building a diverse environment and is proud to be an equal opportunity employer. L'Oréal closely prohibits discrimination against any employee or applicant for employment because of the individual's race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, disability or any other characteristic protected by law.