Sr. Category Manager

About This Role

The Sr. Category Manager will provide daily leadership to the commodity team to ensure the development and execution of category strategies that exceed both short- and long-term targets. In this role, you own all commercial negotiations and supplier selections, while managing strategic partnerships and monitoring risk through a formal SRM process. Additionally, you will partner closely with Project and NPD teams to ensure procurement effectively supports all new product development initiatives.

Job Description

• Provide daily/weekly management and support to category/commodity team members while continually developing and expanding individual and team capabilities utilizing the established Managing for Daily/Continuous Improvement (MD/CI) process

• Align with regional and sector functional stakeholders to incorporate product and manufacturing strategies into category/commodity strategy while gaining leadership support.

• Lead category/commodity team members to develop and execute comprehensive.

• Opportunity Assessment for commodity including spend segmentation, commodity maturity, cost drivers, and supply market analysis.

• Develop Sourcing Strategy for commodity detailing projects, sourcing levers, timing, resources, and expected benefits.

• Accountable for execution of sourcing projects including RFx, continuous improvement, consolidation, etc.

• Responsible for defining negotiations strategy including supplier profiles, commercial negotiations targets, defining switching costs, and building Total Cost of Ownership (TCO)

• Developing and executing commodity blocking strategy

• Accountable for all commercial negotiations and supplier selections within commodities - exceed spend under long-term agreement and supplier rationalization targets. Accountable for contract lifecycle management and compliance

• Partner with Regional and Sector Procurement teams to ensure delivery of productivity - lead team countermeasures aligned to commodities and regions/sector

• Responsible for management of strategic suppliers through formal Supplier Relationship Management (SRM) process to improve supplier performance metrics including quality, delivery, productivity, and innovation.

• Engage with NPD Procurement teams to support new product development (NPD) and new technology introduction (NTI), through preferred supplier and SRM programs

• Accountable for monitoring supplier risk across all responsible commodities while developing and maintaining detailed mitigation plans for critical components and at-risk suppliers

• Accountable for team reporting and managing of category/commodity inflation, both mitigation and recovery

• Accountable for cashflow & spend under contract to meet annual targets.

• Accountable for delivering commodity productivity through price, value analysis (VA) or continuous improvement projects - responsible for supporting regional/sector countermeasures.

• Aggregate category/commodity playbooks across team members and present comprehensive team update during Quarterly Category/commodity Reviews (QCR)

Required Qualifications

• Bachelors Degree

• 7+ years experience Supply Chain or Procurement

• 5+ years experience in Category/commodity Management

• Ability to travel up to 25%

Preferred Qualifications

• Masters Degree

• Strong Analytic experience

• Strong negotiation skills

• Experience with large complex cross functional projects

• Direct experience in the development and management of a global supply base is preferred