Raw Materials Procurement Manager
4 weeks ago
Global Procurement Raw Materials Manager - Elida Beauty
Location - UK (London or Liverpool based) Who we are ... we are Elida Beauty Elida Beauty is an entrepreneurial new beauty business within Unilever. We aim to re-found iconic brands by remixing them for today's generation, making them even bigger beauty hits than they were first time around. Our remixes democratize beauty, because we want everyone on the 'beauty dance floor' with our top-quality products at an excellent value. Driven by our colleague's creativity, agility and close connection with consumers, customers, and suppliers we can unleash the true potential of our loved brands with a fresh start. We 'Re-Found' them using a start-up mentality that always 'finds a way.' Our 'no silos', one team approach drives both personal and business growth so that together we deliver outcomes that are music to the ears of consumers, customers, colleagues and the planet alike. Your Role & Key Responsibilities We are looking for an experienced Procurement Manager - Raw Materials who has a strong growth mindset and a can-do approach to doing what it takes to win. Managing a spend of c€50M we are looking for someone who thrives in balancing cost, service, innovation & partnerships with the ambition to deliver outstanding results. As the Procurement Manager - Raw Materials, you will play a role in developing raw material sourcing strategy with our strategic third-party manufacturers (3PMs), supporting innovation programs, supply chain network optimisation and contract execution. This end-to-end role will be responsible for creating the right contractual & relationship framework which delivers on - ongoing competitive costs, service, innovation & sustainability priorities of the business and brands. Key Responsibilities- Part of the procurement team with overall responsibility for raw material portfolios, supporting innovation, supply chain network optimisation and contract execution.
- Responsible for ensuring the right contractual value drivers are understood by our strategic 3PMs to manage our costs. Tracks key commodities and develops and executes a cover policy including hedging where relevant.
- Manages & develops raw material procurement team;
- Builds Partnerships with key RM suppliers and distributors;
- Savings: Ensures ongoing cost competitiveness, creates and delivers on a savings funnel in line with annual targets.
- Price Forecasts: tracks key material pricing and incorporates market intelligence data to develop a methodology for future price forecasting.
- Collaborates closely with partners and R&D on developing new suppliers, alternates and delivering innovation priorities.
- Working capital: Delivers on the working capital and cash generation priorities of the business by driving efficiencies on stocks and payment terms.
- Service: Collaborates with 3PM team to ensure right stocking principles are followed by 3PMs on raw materials. Intervenes to resolve short term service issues.
- Sustainability: helps to create and deliver on the sustainability vision on raw materials in line with the broader business vision.
- Bachelor's Degree from an accredited college or university, preferably in business, finance, or supply chain management.
- 5+ years of experience in procurement with focus on raw materials. Having managed raw materials for beauty and personal care products will be an added advantage.
- Understanding of key raw material markets and suppliers, agents, commodity markets & hedging.
- Demonstrate analytical and conceptual problem-solving ability; excellent oral and written communication skills, including presentation skills.
- Demonstrate the ability to multi-task, meet tight deadlines and work under pressure with autonomy.
- Be able to effectively lead and engage cross functional global teams and a willingness to take responsibility and accountability.
- Be a self-starter with the ability to deliver results in a lean, agile organisation and be able to adapt to changing priorities.
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