Sr Strategic Sourcing Manager Job

Sr Strategic Sourcing Manager

Arkema Inc is looking to hire a Sr Strategic Sourcing Manager for Specialty Surfactants. This position will be based out of either theNorth American Corporate Headquarters in King of Prussia, Pennsylvania or the Specialty Surfactants Headquarters in Mulberry, Florida.

This position reports to the Director, Strategic Sourcing Specialties and Packaging.

The Sr Strategic Sourcing Manager is responsible for over $100M in direct material purchases for Arkema facilities in North America.This role is responsible for formulating and executing purchasing strategies to manage risk, availability and quality of raw materials at the lowest total cost of ownership.

The Sr Strategic Sourcing Manager routinely works with regional and global business leaders, supply chain management, finance, manufacturing, engineering, R&D, and others to ensure alignment of projects/activities with Purchasing goals and objectives.

This position focuses on regional strategic procurement strategy; meeting customer requirements, market analysis, sourcing material supply, supplier negotiations, policies and procedures, cost reduction and value improvement.In this position, you will be expected to be a subject matter expert in categories you manage.Position will operate in a global matrixed environment and work closely with the global SBU management teams.

KEY ACTIVITIES:

Strategic Sourcing

• Maintains market expertise and in-depth market analysis for assigned categories
• Conducts comprehensive supplier analysis and screening (strategic direction, financial due diligence, market position, power within industry, capabilities & capacity, risk assessment) and develops strategies for their portfolio with key business partners.
• Leads/Coordinates/Participates in development of global strategic sourcing strategies for designated spend categories in coordination of the Global Strategic Sourcing Team. Executes the strategies in North America.
• Leads/Supports the negotiation and implementation of commercial agreements and contracts catered to supply situations and ensures that they are aligned with a strategy to ensure business continuity through the agreements.
• Supports and guides members of the Global Specialties & Packaging team to analyze complex supplier proposals using decision-making tools and models, including financial and non-financial criteria, to facilitate award recommendations.
• Ensures the creation and maintenance of pricing models and predictive models for feedstock and other key cost drivers for all key materials.
• Forecasts raw material price evolution
• Establishes and implements strategies for negotiating commodity purchasing agreements based on in-depth knowledge of global and domestics markets for optimum pricing and terms.
• Maintains relationships with vendors and contractors to ensure good, reliable sources of supply and information
• Reviews and revises supply agreements with support of the Law Department

Purchasing Liaison to Specialty Surfactants in NA

• Represents Purchasing as the Primary Purchasing liaison for Specialty Surfactants in North America
• Participates in Specialty Surfactants Business Team Meetings, sharing Raw Material market insights, representing Purchasing strategies and initiatives, and providing Purchasing perspectives on Business strategies. Share key Business information within Purchasing.
• Contributes to Specialty Surfactants processes to ensure adequate raw material supply in line with Business sales and manufacturing plans.

Raw Material Project Management

• Leads cross-functional Raw Material Risk Management teams to identify and reduce supply risk.
• Develops and implements savings projects aligned with business strategy.
• Influences key stakeholders within the BUs to secure resources in support of risk mitigation, savings projects, and sourcing strategy
• Supports the development of new products through early involvement with the BU, Engineering and R&D on alternative identification and supply agreement negotiations.

Tactical Purchasing

• Supports / Manages monthly/quarterly price negotiations as assigned to assure optimal overall global spend in alignment with global strategy
• Resolves delivery and quality issues with suppliers
• Provides guidance and coaching to local buyers in supplier management
• Conducts monthly analytics on Purchase Price Variance and estimates the annual spend for each commodity within his/her responsibility and leverages these analyses in business planning, strategies and negotiations
• Follows Business spend and forecasts to ensure compliance with Global Sourcing Strategies
• Supports Working Capital initiative by working with suppliers to increase payment terms and decrease lead times. Work with Business to optimize inventory levels.

Other

• Drives an environment that leads procurement best practices, policies, quality, safety and compliance.
• Other tasks as assigned

REQUIRED EDUCATION/QUALIFICATIONS /WORK EXPERIENCE

• Bachelor's Degree required, MBA is desirable. Education and/or experience in chemistry, chemical engineering, or relevant technical equivalent is a plus.
• Experience in financial KPI and purchasing impact on P/L
• Broad technical expertise, business and industry knowledge, and process and people leadership capabilities
• 10 years' experience, minimum of 5 years' global or multi-regional experience in procurement or in business/sales required
• Significant track record of savings achieved through innovative procurement programs and tactics

DEMONSTRATED COMPETENCIES:

• Strong financial and business acumen; spend segmentation analysis
• Strategic thinker
• Strong interpersonal and communication skills
• Expert negotiator
• Strong understanding of contract structure and legal terms and conditions
• Some experience in financial KPI and purchasing impact on P/L
• Strong project management skills
• Proven leadership skills with ability to manage multiple stakeholders and multi-cultural skills
• Ability to influence and negotiate with parts of the organization where formal authority is not held
• Ability to recognize inefficient or redundant processes, and establish, implement, and manage new or revised procedures
• Self-motivated and able to work effectively in a team environment

Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and sustainable materials. With the ambition to become in 2024 a pure player in Specialty Materials, the Group is structured into three complementary, resilient and highly innovative segments dedicated to Specialty Materials - Adhesive Solutions, Advanced Materials, and Coating Solutions - accounting for some 80% of Group sales, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of 9.5billion ($10.6billion) in 2021, and operates in 55 countries with 20,500 employees worldwide.

The diversity of its employees is an asset that the Arkema group wants to preserve. Its non-discrimination policy applies to recruitment, salary levels and career management.The Arkema group is committed to ensuring diversity among its employees.

Arkema Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, Arkema Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence.