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Global Procurement Category Manager Soy / Oils

Date: Nov 5, 2022

Location: Leiden/Oestgeest, South Holland, NL, 2342 BH

Company: IFF Family of Companies

Job Description

 

The Global Category Manager is responsible to develop and maintain a strategy to source a competitive and cost-effective global portfolio of raw materials across all manufacturing plants in their category. This portfolio will include materials sourced globally, with a common supply base and similar market forces.

 

The individual is accountable for the management of raw material costs and performance of their full portfolio, including establishing the sourcing strategy and setting strategic objectives, while optimizing their supplier portfolio. The individual will manage relationships with key suppliers, ensure alignment with IFF business objectives, and participate on Category teams to align sourcing strategies with global, regional and local business needs.

 

The job function requires global external interactions with suppliers and extensive market/network knowledge. In addition, it requires extensive internal interaction with key functions including Regulatory, R&D, Quality, Creation & Application, Commercial, and Technical Program leads. This position contributes to key company, functional and global business strategies and cost initiatives, directly impacting IFF’s margins.

 

The role will include year over year savings in raw material costs, continuous improvements in working capital, supplier development, sustainability programs, and collaborating with suppliers to drive IFF's innovation programs. He/She will be a valued business partner across the organization and support initiatives to achieve the company's strategic objectives. The scope of this position includes effective product and competitive market intelligence to dynamically evaluate IFF competitive advantage especially in validating our product mix as we assess product differentiators and inherent quality/regulatory risks.

 

Responsibilities

 

Develop global category strategies for assigned categories and sub-categories to ensure raw material supply, manage costs, and capture savings. Implement strategies within the portfolio, driving results and achieving strategic objectives.

 

Contribute significantly to the overall category strategy with Category Director, aligning with regional and local strategies

  • Leverage a deep understanding of best practices, sourcing strategies & levers
  • Develop subject matter expertise for the portfolio
  • Regularly analyze and communicate market intelligence and information to facilitate
  • informed business and customer pricing decisions

 

Execute a disciplined application of IFF’s strategic sourcing methodology

  • Perform continually spend analysis on assigned categories and sub-categories.
  • Assess market intelligence and develop full market analysis
  • Identify and approve new vendors to diversify supply portfolio
  • Execute category and sourcing strategy

 

Understand and apply the principals of SRM within the category

  • Manage overall Supplier relationships for portfolio
  • Develop new and existing supplier partnerships and collaboration to support growth strategy with innovation and technology
  • Support technology buying by accessing supplier capabilities
  • Reduce non-value added supplier
  • Implement contingency planning to mitigate supply risks

 

Optimization and continuous improvement in raw material quality and service through collaboration with Creation & Application, Operations, and Quality in support of corporate service, sustainability, and quality goals

  • Work with technical teams to accelerate adoption of alternate products and supplier
  • Develop subject matter expertise for the portfolio.
  • Regularly analyze and communicate market intelligence and information to facilitate informed business and customer pricing decisions.

 

Provide continuous impactful communication to stakeholders.

  • Communicate market trends, supply concerns, pricing information to Regional Directors and supply managers on a weekly basis
  • Dynamic interaction with the business unit stakeholders
  • Provide informed and accurate input into the budget process in a timely fashion.
  • Update the budget forecast each quarter.
  • Ensure early alerts on supply/price issues to both GP and Business stakeholders.

 

Skills

 

  • Recognized expert in the procurement area with experience in buying Ag commodities and employing hedging strategies. Deep product knowledge and contacts in key supply markets
  • Related supply chain experience in the space operating around raw materials, suppliers, supplier relationship management and supply chain best practices
  • Strong knowledge of business practices and financial concepts/impact/analyses