What are the responsibilities and job description for the Procurement Manager position at Higher Talent Executive Search?
Hybrid – preferred locations New York, New Jersey, Connecticut.
Our client is a global leader in advanced materials and chemical solutions, this organization is driven by a passion for innovation and sustainability. Committed to shaping a better future, it empowers industries to push boundaries and develop breakthrough technologies. Through collaboration, expertise, and diverse perspectives, it delivers solutions that improve lives while protecting the planet for future generations. Their solutions contribute to safer, cleaner, and more sustainable products found in homes, food and consumer goods, planes, cars, batteries, smart devices and health care applications. Their innovation power enables them to deliver on the ambition of a circular economy and explore breakthrough technologies that advance humanity.
We are looking for:
The Polymer Additives Business Partner will acquire market knowledge to develop, share, implement, and manage purchasing strategies. They will conduct key negotiations, manage and monitor processes and resources, and ensure suppliers adhere to company’s Sustainable Development/CSR strategy.
You will work with suppliers to establish local safety stock to minimize raw material inventory on hand, deliver value creation, which includes cost and cash savings, and maximize Days Payable Outstanding (DPO) to improve the Cash Conversion Cycle, while ensuring an uninterrupted supply of goods and services under optimal conditions.
We count on you for:
- Set objectives for, supervise, motivate, coach, develop, and evaluate your team members.
- Stay informed about market trends and developments, as well as any financial, legal, and competitive factors relevant to your domain and scope.
- Benchmark purchasing policies, processes, and approaches against those of other relevant companies to ensure best practices.
- Consolidate and gather purchasing needs for your portfolio across the Group.
- Regularly meet with internal stakeholders to understand their business, challenges, and procurement requirements.
- Prepare for and participate in Strategic Sourcing Decision Committee (SSDC) meetings, when necessary, in line with Company’s Purchasing Process.
- Ensure alignment between purchasing strategies and internal customer needs and escalate conflicts to management when necessary.
- Collaborate with internal customers and management to set priorities and develop project plans and actions.
- Implement projects and action plans, allocate necessary resources, and ensure ongoing follow-up.
- Meet with potential suppliers/subcontractors, and negotiate contract terms based on SSDC approval, when applicable, due to contract value or strategic importance.
- Discuss negotiation outcomes with internal customers and management.
- Ensure contracts are approved by the Company’s legal department (if required) and finalized with suppliers.
- Finalize contracts and service level agreements (SLAs) with selected suppliers and subcontractors.
- Review compliance across all contracts within your responsibility.
- Communicate and implement purchasing contracts within your area, ensuring relevant stakeholders are informed.
- Monitor supplier performance and adherence to contractual agreements.
- Collect and analyze data on contract performance, providing regular reports to internal customers and management.
- Resolve contract-related disputes and mediate conflicts between internal stakeholders.
- Continuously evaluate supplier performance.
- Identify opportunities for cost savings, productivity improvements, and innovation, and propose measures to achieve these benefits.
- Suggest, implement, and monitor cost-reduction projects while supporting the contractualization process.
- Establish processes to ensure effective communication within your network.
- Promote and uphold purchasing ethics, ensuring adherence to policies and ethical standards within the network.
- Explain purchasing processes and methods to internal customers to ensure clarity and compliance.
- Track and report on actions taken and cost savings achieved.
- Prepare, propose, implement, and monitor budgets, objectives, policies, and procedures for your domain.
Overall Job Content:
- Total purchase portfolio spend >60M€
- Manage a team of three Strategic Buyers.
- Develop and implement purchasing strategies and tactics for raw materials.
- Prepare for and participate in Strategic Sourcing Decision Committee (SSDC) meetings as required, following Company’s Purchasing Process.
- Leverage the central marketing team to gather market intelligence for your portfolio.
- Map suppliers and markets.
- Achieve savings in cost, cash, and performance.
- Implement processes to improve efficiency.
- Ensure sustainability in goods and services delivery.
You will bring::
- Degree in Chemistry, Economics, Business, Supply Chain or related field; MBA is a plus
- 5 years experience with complex procurement negotiations in chemical businesses
- Ability to work in a multicultural environment
- Accomplished negotiator with proven success in situations where suppliers hold greater leverage.
- Excellent verbal, written, and presentation skills in English.
- Strong organizational abilities.
- Strategic and analytical thinker.
- Proficient in process and analytical skills, with a solid understanding of market trends and the raw materials environment.
- Behaviors and mindset:
- Aligns with Company’s values and behaviors.
- Highly autonomous and self-motivated.
- Sets and achieves ambitious goals; proactive in identifying and resolving challenges.
- Performance-driven with a strong focus on results.
- Ability to interact and influence at all levels, both internally and with suppliers.
- Adept at working in cross-cultural and cross-functional environments.
- Strong interpersonal and collaboration skills.
- Capable of handling pressure and adapting to changing situations.
You will get:
- Competitive salary and benefits package
- 16 or more weeks of maternity/paternity and co-parenting leave, according to local regulations
- Training platform for all employees
- Free language courses (24 languages available)
- Free well-being sessions (physical and psychological)