What are the responsibilities and job description for the Vice President Resin Procurement position at Magnera Corporation?
Overview
Magnera's purpose is to better the world with new possibilities made real. For more than 160 years, the originating companies have delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, they have consistently found ways to solve problems and exceed expectations. By bringing together these legacy companies, the distinct scale and comprehensive portfolio of products will bring customers more materials and choices. With a combined legacy of resilience, Magnera will build personal partnerships that withstand an ever-changing world.
To manage and oversee Resin category. Develop strategies for short & long-term plans.
Focusing on cost improvements, market/industry analysis & supply continuity. Maintaining proper inventory levels for the category.
Responsibilities
- Manage, design and develop procurement strategies for Resin category
- Proactively seek and execute cost savings projects
- Act as project manager (develop, manage, and implement) working with cross-functional teams maximizing use of resources to meet project objectives and time lines
- Support the development of new products in the search for suppliers, selection of suppliers, contract design and price negotiations
- Providing regular market analyses, benchmark data and supplier evaluations to support planning and management in the categories concerned
- Responsible for performance reporting – development, coordination and implementation of appropriate reporting systems for the categories concerned
- Present and complete periodic comprehensive reviews of assigned category portfolio using cost models to validate strategic metrics and results
- Work with internal and external stakeholders to generate project ideas, cost savings opportunities
- Identify and develop strategies to improve working capital
- Special Projects and other duties as assigned
- Travel: approximately 10-20%
Qualifications
- Bachelor’s Degree or greater in Business, Finance, Purchasing/Supply Chain preferred
- 5-10 years Procurement experience
- Proven experience in the procurement of raw materials, especially polymer or polymer related categories
- Experience in the selection, preparation and negotiation of commercial contracts
- Experience in leading high-pressure negotiations
- Demonstrated leadership skills
- High-level problem-solving skills; analytical, organizational, and communication skills.
- Ability to see big picture and implement solutions
- Ability to communicate, present to multiple levels throughout organization
