What are the responsibilities and job description for the Strategic Sourcing/Category Manager position at Indorama Ventures: Indovinya?
Job Description:
Indorama Ventures- Indovinya is currently looking for a Strategic Sourcing/Category Manager to join our Indovinya team located in the Woodlands, TX (with hybrid option). In this role you will develop, implement, and maintain assigned sourcing strategies that support and advance the company’s Strategic Sourcing objectives and policies. Coordinate raw materials sourcing initiatives for manufacturing sites and back up other sites as needed. Support Indovinya’s tolling requirements by setting up contracts and working closely with supply chain to understand requirements. Category management of alcohol spend and coordinate closely with other regions. Perform business analysis, evaluate market conditions, and negotiate agreements to support cost reduction initiatives.
What will be expected from you?
Indorama Ventures – Indovinya is a global and innovative chemical company, offering sustainable and high-value solutions for the long-term success of our customers. As producers of solutions used in Crop Solutions, Energy & Resources, Home & Personal Care, Coatings, Performance Products, and other applications, we are present in the daily lives of millions of people around the world. The successful candidate will receive a competitive compensation and will be eligible to participate in a comprehensive benefits package which includes: medical, vision and dental, basic life insurance, AD&D insurance, and 401k. Here, you can make an impact and make a difference. Come join us!
Additional Locations:
Indorama Ventures- Indovinya is currently looking for a Strategic Sourcing/Category Manager to join our Indovinya team located in the Woodlands, TX (with hybrid option). In this role you will develop, implement, and maintain assigned sourcing strategies that support and advance the company’s Strategic Sourcing objectives and policies. Coordinate raw materials sourcing initiatives for manufacturing sites and back up other sites as needed. Support Indovinya’s tolling requirements by setting up contracts and working closely with supply chain to understand requirements. Category management of alcohol spend and coordinate closely with other regions. Perform business analysis, evaluate market conditions, and negotiate agreements to support cost reduction initiatives.
What will be expected from you?
- Develop and manage relationships with key suppliers and internal stakeholders yielding effective partnerships.
- Support strategic sourcing initiatives including development and execution of clearly defined sourcing events; document bid process through supplier communication; drive the selection of suppliers in collaboration with cross-functional teams; conduct supplier negotiations; and ongoing supplier management.
- Develop negotiation strategies, gain alignment from stakeholders, lead cross-functional, category-based negotiation teams, and implement appropriate supplier risk analysis.
- Create and defend sourcing strategies and decisions with sound analytics. Collaborate with key analytical support functions; synthesize results.
- Effectively interact and communicate with manufacturing, project management and suppliers regarding commodity management activities.
- Evaluate external markets for competitive sources of supply, conducting market research and using benchmarking data to qualify potential sources.
- Use current spend information/data and business knowledge to identify sourcing projects and develop overall cost reduction plan.
- Purchase raw materials in the assigned category portfolio, consistent with considerations of quality, reliability of source and urgency of need.
- Effectively use SAP to create and maintain supplier agreements, pricing, or commodity analytics in a timely manner.
- Perform other tactical purchasing duties; including bid tab creation and analysis, maintain PO / Proposal logs, vendor setup and invoicing issues.
- Streamline procurement processes through use of automated tools and functionalities in SAP.
- Strategic Sourcing Process including working with leadership and Category Management to develop and implement sourcing strategies.
- Development of Supplier Agreements.
- Excellent communication skills and analysis skills to effectively interact with manufacturing, engineering, and suppliers.
- Proven experience in managing industrial commodities or sourcing activities.
- Ability to influence Peers and Management.
- Self-motivated with critical attention to details and deadlines.
- Strong verbal and written communication skills (including analysis, interpretation, & reasoning).
- Strong working knowledge in business analysis, market research, financial analysis, cost models, procurement/supply chain analysis, analytics (multi-dimensional analysis, master data management, predictive analysis, visualization).
- Strong analytical, prioritizing, problem-solving, presentation, budgeting, project management (from conception to completion), & planning skills with a track record of proactive problem resolution within complex supply chains.
- Drive consolidation of spend and seek out synergies across Business Units where applicable, by forming and leading cross-functional strategic sourcing teams to develop and implement category/commodity strategies and to drive cost from individual spend sub-categories.
- Bachelor’s Degree in Supply Chain Management, Business, Engineering with equivalent work experience in a manufacturing or chemical environment.
- Advanced degree (MBA, Master’s) preferred.
- 10 years of work experience in managing service and/or material categories related to the Petrochemicals Industry.
- Proven project management experience in industrial services or sourcing activities.
- Strategic sourcing or supply chain management experience (contracts and vendor management, supplier evaluation, regulatory compliance, segmentation & taxonomy).
- A high degree of proficiency MS Office Suite, Outlook & Internet applications; Advanced Microsoft Excel and database manipulation skills.
- A high degree of proficiency in SAP S/4 Hana or similar.
Indorama Ventures – Indovinya is a global and innovative chemical company, offering sustainable and high-value solutions for the long-term success of our customers. As producers of solutions used in Crop Solutions, Energy & Resources, Home & Personal Care, Coatings, Performance Products, and other applications, we are present in the daily lives of millions of people around the world. The successful candidate will receive a competitive compensation and will be eligible to participate in a comprehensive benefits package which includes: medical, vision and dental, basic life insurance, AD&D insurance, and 401k. Here, you can make an impact and make a difference. Come join us!
Additional Locations: