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Procurement Specialist

Brand: Estée Lauder Companies

Description

At The Estée Lauder Companies you can play a role in our global success. We are a leader in prestige beauty with a growing portfolio of coveted brands. We create and market the highest quality products that delight consumers around the globe. Our culture values diversity of thought and people, and encourages creativity, innovation and integrity in everything we do.

Due to our continued growth we are now hiring an

Procurement Specialist

(fixed term contract for 6 months with potential extension)

for our team in Budapest.

The role:

The Procurement Specialist is responsible for managing strategic and tactical tasks related to Management Consultancy related demands and agreements This role requires a deep understanding of vendor agreements and the ability to extract value through the contract drafting and review process. The Specialist will review and revise any Management Consulting demands to ensure that ELC maximizes benefits while minimizing financial expenditure and exposure.

Qualifications

Responsibilities:

• Analyzing and interpreting data sets to support decision-making.

• Designing, developing, and maintaining decision support reports and documents.

• Collaborating with various departments and internal stakeholders to understand data needs and deliver relevant solutions.

• Creating decision support materials for senior management.

• Review strategic and tactical vendor agreements and revise as necessary to ensure ELC is maximizing benefits while minimizing financial expenditure / exposure. Recommend contract revisions to improve language and reduce gaps/inconsistencies.

• Perform first line analysis of Management Consultancy demands. Prepare for final review of manager before DocuSign submission. Includes escalation to Manager when red flags are caught.

• Execute contract execution process and review executed agreements as part of the contract abstract process.

• Oversee vendor governance activity and ensure it is properly documented in the vendor governance SharePoint sites.

• Manage contract approval packages presented by Indirect Procurement and/or Finance for execution.

• Oversee vendor tasks/deliverables are being met from a PtP perspective (e.g. documents are presented on time, outstanding credits are received …), escalate to manager when necessary.

• Ensure Business Partners are aware of vendor governance tasks/deliverables which are approaching deadlines and assist where possible.

• Gather and analyze market data on a regular basis relative to the appropriate category and region to properly gauge and evaluate market and industry conditions applied to determine the sourcing strategy.

• Manage the relevant supplier interactions and relationship throughout a sourcing project.

• Develop a solid understanding of regional contracts, supply agreement templates along with thorough understanding of legal concepts.

• Maintaining agreements database, tracking contracts' expiry dates and assuring the extensions are signed in a due time.

• Negotiate with suppliers to reach favorable agreements, including prices, delivery schedules, payment terms, and other contractual conditions.

• Purchase Order Creation in SAP.

Requirements:

• 2 to 4 years' experience developing, implementing & managing third party vendor management and business demand management projects, processes.

• Prior experience managing Workflow Processes.

• Prior experience preparing decision support materials.

• Strong analytical skills.

• Experience developing and creating reports.

• Experience working with geographically dispersed team & customer base.

• Demonstrated ability to manage multiple vendor partners.

• Ability to influence & motivate peers & partners.

• Ability to think communicate effectively.

• Expertise in MS Excel, PowerPoint, Word, Service NOW.

Job location:

• Budapest, XI. district - Budapest One office

• We are working in a hybrid structure (10 days per month HO provided)

Job: Purchasing/ Procurement/ Materials Management - Supply Chain

Primary Location: Europe, Middle East, Africa-HU-BU-Budapest

Job Type: Standard

Schedule: Full-time

Shift: 1st (Day) Shift

Job Number: 2411648