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Procurement Director, Innovation Buyer

Date: Oct 4, 2021

Location: Hazlet, New Jersey, US, 07730

Company: IFF Family of Companies

Requisition  ID : 176621 

Job Description

 

An Innovation & Technology Lead is available at one of the world’s best fragrance and flavor companies. This New Jersey based position is one that offers a collaborative work environment and a chance to support R&D in meeting their technology and innovation objectives. You will be the business partner for the R&D technology scouts to ensure favorable IFF terms, liaise with the IFF buying teams to leverage supplier capabilities, assests and expertise, and support bridging R&D gaps with market capabilities. 

 

You will spend your time…

 

  • Establishing procurement protocol of technology project/partner engagement that is aligned with IFF procurement policy and sourcing best practices for key R&D technology/innovation products.
  • Developing the commercial framework to optimize value creation
  • Developing negotiation strategy with the team and leading negotiation/deal making 
  • Providing governance and oversight to ensure procurement policies/procedures and sustainability requirements from existing suppliers is implemented
  • Working closely with R&D partners to establish a project management framework for external collaboration projects per PMO practices/as applicable to R&D projects
  • Developing technology project pipeline and establishing project deliverables and timeline
  • Developing and measuring KPI’s to gauge project effectiveness and build on learnings
  • Liaising with Global Procurement buying teams to develop and evolve a repository of supplier capabilities, focusing on R&D needs 
  • Interfacing with Global Procurement to simplify R&D project execution and transitioning from concept to commercialization. Supporting Creative & Application team when transitioning into commercial/development stage. 
  • Facilitating external partner presentations to R&D and IFF management 
  • Providing market intelligence and benchmarking data to R&D to keep R&D project portfolio relevant 
  • Supporting the EVP of R&D in implementing R&D strategy and be an effective member of R&D steering committee. 
     

Job Requirements

 

Required Experience

 

  • Bachelor’s degree in science, engineering, or other relevant field (preferably in Chemistry)
  • Sourcing professional with 10+ years of work experience in science or engineering 
  • 5+ years of strategic sourcing experience; R&D technology buying experience
  • 3+ years of technology buying experience 
  • Knowledge of Financial Analysis, legal framework, and business drivers 
  • Demonstrated ability to contribute to cross-functional teams 
  • Supply Chain or Procurement certification such as CPSM, ISM, or equivalent as well as PMP certification 

 

Preferred Experience: 

 

  • Master’s or Ph.D in Chemistry or Chemical Engineering 
  • Master of Business Administration 
     

We are IFF. We are the catalyst for discoveries that spark the senses and transform the everyday. International Flavors & Fragrances Inc. is a leading innovator of sensorial experiences that move the world. At the heart of our company, we are fueled by a sense of discovery, constantly asking "what if?" That passion for exploration drives us to co-create unique scents and tastes in fine fragrances and beauty, detergents and household goods, as well as beloved foods and beverages.

Visit us at www.iff.com to learn more about how we’re using Uncommon Sense to challenge expected, champion creators, and do more good for people and planet.


Nearest Major Market: New Jersey