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Manager, Direct Sourcing (PPD)

Clark, NJ

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Permanent

Clark, NJ

Sourcing

Full - Time

07-May-2024

For more than a century, L’Oréal has devoted its energy, innovation, and scientific excellence solely to one business: Beauty. Our goal is to offer each and every person around the world the best of beauty   in terms of quality, efficacy, safety, sincerity, and responsibility to satisfy all beauty needs and desires in their infinite diversity.

At L’Oréal Professional Products, our mission is to support hairdressers and develop the hair industry sustainably and lead the digital transformation of our industry with a customer-centric approach. Our brands portfolio includes Redken, Matrix, L’Oréal Professionnel, Kerastase, Biolage, Pureology, Pulp Riot and Mizani.

Responsibilities

• Support Launch and Operational Performance

• Partner with cross-functional stakeholders to execute product launches

• Partner with technical packaging and supply chain teams to ensure proper design and servicing parameters are set-up / delivered

• Supplier selection and management - from pre-assessment to implementation (in alignment with category team)

• Timely management of quotation process, providing most optimal possible costs first time

• Ensure proper implementation support and proactively address potential lead-time and capacity issues

• Track & report projects progress

• Gather business and market insights/trends, translating those into sourcing actions for top and/or bottom line improvement

• Serve as primary point of contact for brands and plants;

• Lead/Co-Lead Money-To-Value (MTV) discussions, driving gross margin improvement beyond Purchase Price Variance (PPV)

• Participate in panier and trend sessions with development/marketing, supporting targeted innovation that takes in consideration supplier’s capacities, capabilities, strengths and weaknesses;

• Actively work on WW benchmark activities.

• Prepare and present major highlights, results and business needs to internal stakeholders

• Prepare and present key financial performance updates (PPV, Trend, Pre-Budget & Budget);

• Provide the category and cross-regional teams with the brand needs and priorities for strategies construction, effectively and efficiently communicating anything that can impact the overall relationship with the suppliers (SRM);

• Share product supply / supply base strategy and purchasing driven results (savings projects, PPV, Trend, etc…) with brands and other key internal stakeholders.

• Manage all aspects of supplier’s operational and financial performance on your specific scope of responsibilities

• Validate all new/updated pricing in partnership with Category Sourcing;

• Own and update ADA (SAP). Manage process including updating pricing and corresponding parameters (Incoterms, MOQ, currency, payment terms, freight, duties, etc.) for your scope

• Support the resolution of invoices and payment discrepancies with internal stakeholders and suppliers;

• Contribute to the development and evolution of tools to improve efficiency and accuracy of these processes;

  Issues management and risk mitigation

• Provide timely / actionable information for corrective actions to be taken where necessary to both the suppliers and stakeholders;

• Act as the escalation point in service crises in order to leverage supplier relationship and align on actionable next steps

  Competencies

  A Balance of Strategic Vision and Detail Orientation:

• Embraces complexity and anticipates what is needed;

• Has the long-term vision of L’Oreal and Sourcing Strategy in mind when making decisions

• Is able to analyze the details and summarize in an organized, chronological way to various stakeholder audiences

  Ambition:

• Displays a desire to broaden responsibilities and creatively pursue “outside of the box” initiatives

• Constantly seeks to learn and progress; enjoys and performs well under first time conditions and is curious and inquisitive.

  Judgement:

• Has a feel for timing, punctuality, and sets realistic self-imposed deadlines to cross functional teams or management

• Self-aware;

• Adheres to the L’Oréal ethical principles and acts;

• Fosters cooperation and collaboration and knows how to gain from cross-functional interfaces;

  Leadership:

• Persuades and gains support;

• Inspires others, conveys enthusiasm and a desire to surpass oneself;

• Has a significant presence and impact on others, exudes self-confidence;

  Qualifications and Educational Background

  • Bachelor’s degree required in Finance/Engineering/Supply Chain or similar discipline

  • 5+ years purchasing experience

  • High degree of financial and analytical aptitude a must

  • Excellent influencing and negotiating skills

  • Strong Excel and MS office skills

  Excellent oral and written communication skills with ability to handle various situations, multiple priorities, changing business needs as well as the diverse personalities within L’Oréal and the supplier community