Pharmavite
Strategic Sourcing Category Manager - Direct
West Hills, CA
Aug 29, 2024
fulltime
Full Job Description

HELP US BRING THE GIFT OF HEALTH TO LIFE.

Working at Pharmavite is an experience like no other. With a focus on complete nutrition for all, each endeavor is urgent and every day counts. You'll have the opportunity to work on the #1 selling national vitamin and supplement brand, Nature Made, as well as an exciting portfolio of other products that are shaping the future of the healthy living industry. Consumer-driven innovation, high quality products and a promising portfolio, all driven by a team with a shared sense of purpose -- that's Pharmavite. Join us to bring the gift of health to life.

West Hills, CA (Hybrid)

Immigration Sponsorship is not available for this role.

The Strategic Sourcing Category Manager, Direct Categories is an individual with passion and deep understanding of the Raw Materials in Dietary Supplements Direct Materials with an emphasis on Ingredients (e.g. Vitamins, Joint Health, etc.). Category Managers are responsible for strategic sourcing while ensuring business continuity and supply assurance. The Strategic Sourcing Category Manager, Direct Materials reports to the Manager, Strategic Sourcing Direct Raw Materials.

Key responsibilities

Critical contribution this role is counted on to deliver include:

  • Developing category strategies and managing end-to-end strategic sourcing.

  • Leading spend management via cost savings/avoidance.

  • Supplier relationship management and risk mitigation.

  • Creating market data & analytical reports to support X-functional departments (e.g. Finance, Marketing, Sales, and other internal teams.)

  • Develop robust sourcing category strategies via a thorough understanding of demand and supply dynamics, conducting supply risk assessments, identifying, and using the best sourcing levers, developing SRM strategy, building an implementation roadmap; and align the category strategy with sourcing leadership and cross functional stakeholders.

  • Responsible for leveraging and being educated on category market intelligence, executing strategic sourcing events, price modelling, tracking supplier performance scorecards, contract management.

  • Building/leveraging RFx templates, supplier outreach, the supplier selection, commercial terms, and contract T&C negotiations. Maximize value for money via right balance between Price, Quality, and Service for all purchased ingredients.

  • Serves as a liaison between other departments and suppliers to ensure adequate supplies of materials are available on hand when needed.

  • Work with internal stakeholders and suppliers to optimize spend and identify and deliver cost savings / cost avoidance opportunities as well as to develop a pipeline for future savings.

  • Manage supplier qualifications for new suppliers, supplier quality issues and Supplier Relationship Management programs with strategic suppliers.

  • Develop and implement supply risk mitigation strategies.

  • Collaborate with Planning, Marketing, Innovation Team, R&D, Regulatory, Quality Control Department, Technical Operations, and supplier to resolve quality and rejected materials problems to ensure manufacturing has highest quality of materials required.

  • Actively supports New Product Development process by bringing new items and technologies from external sources.

Ideal Candidate

The ideal candidate is a self-starter and possesses the ability to work independently and measure progress against goals. Drives thought leadership and able to make unbiased recommendations based on facts and data. Has the ability to concisely articulate key points or insights verbally and in writing.

Critical Success Factor:

You'll be most successful in this role if you have:

  • Strong presentation and communication skills and experience presenting to C-Suite executive leadership.

  • Ability to manage multiple projects simultaneously.

  • Functional knowledge of the Direct Material Categories, with an emphasis on Ingredients.

  • End to end strategic sourcing knowledge and experience for executing sourcing events.

  • Commercial and contractual negotiation experience with suppliers.

  • Demonstrated financial, quantitative, and analytical skills and their application on project evaluation.

  • The ability to incorporate market intelligence and data analytics into the category strategies and to leverage the information during contract negotiations.

Capabilities & Skills Required

To take on these challenges, you'll need to have:

  • 5+ years of work experience including 3 years of Sourcing experience.

  • Bachelor's degree from s 4 year university or college.

  • Supply Chain and Business Intelligence experience. Ingredient sourcing preferred.

  • Experience building operational reports and KPI dashboards.

  • Desirable to have program management experience and project management experience required.

  • Working knowledge with Sourcing Contracting, ERP, eRFX systems preferred (e.g. Ariba, Workday, Other).

  • Ability to leverage standard business applications for communicating, presenting, and analyzing (Word, Excel, PowerPoint).

  • Advanced level proficiency using negotiations and contracting skills.

  • Financial acumen: Financial statement impact of raw material categories (P&L and Balance Sheet), Cost modeling, "What if" financial modeling assessing business options,

  • Experience with commodity forecasting and financial modeling a plus.

  • Navigate complex challenges with a sense of urgency.

  • Influence without authority, deal with ambiguity, cultivate peer relationships.

  • Advanced communication skills, both written and oral, with the ability to speak to different audiences.

  • Ability to travel out of state or internationally up to 20% of the time.

  • Think through complex problems and drive to resolution using analysis from multiple sources and compiling information into a clear framework using diverse sources of market intelligence and resources.


OUR OFFER

Here, career paths aren't predefined, and bureaucratic limitations don't exist -- you have the opportunity to grow, learn from industry pioneers, and develop the way you want to. Pharmavite is investing more in the development of our team -- to help us deliver on our purpose and help you achieve your career aspirations. Our environment is geared to fuel curiosity, encourage experimentation, and generate learning as this is the way we develop ourselves and our organization.

Pharmavite is committed to meeting the needs of our employees and their families with a Total Rewards package that's as comprehensive as the vitamins and supplements we deliver to consumers. With competitive compensation programs and standout benefits, we provide employees with optimal health and well-being -- as well as peace of mind. These rewards -- plus our new recognition program -- ensure employees feel supported both at work and home.

Annual Pay

Annual Pay Range

$102,193.00 - $153,340.00

This represents the minimum and maximum base salary range for this role, plus annual incentive. Various elements are used to determine a candidate's starting salary such as job experience, specific skills, and comparison to internal incumbents currently in the role. This information is provided to applicants in accordance with state and local laws.

Visit Pharmavite.com/careers to learn more about our mission and discover an opportunity that's right for you. Health and wellness begins with us.

Pharmavite is an equal employment and affirmative action employer F/M/Disability/Vet/Sexual Orientation/Gender Identity. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to their protected veteran or disabled status, or any protected status. We do not discriminate in employment based on race, color, religion, age, sex, sexual orientation, gender identity, national origin, or any other basis covered by applicable law. All employment is decided based on qualifications, merit, and business need.

Disclaimer

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications of employees assigned to this job.

CALIFORNIA FAIR CHANCE ACT:

Qualified Applicants with arrest or conviction records will be considered for Employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.

JOB ALERT FRAUD:

We have become aware of scams from individuals, organizations, and internet sites claiming to represent Pharmavite in recruitment activities in return for disclosing financial information.

Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All of our career opportunities are regularly published and updated on Pharmavite.com's Careers section.

If you have already provided your personal information, please report it to your local authorities. Any fraudulent activity should be reported to: recruiting@pharmavite.com.

#LI-AR1

#WIM


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Strategic Sourcing Category Manager - Direct
Pharmavite
West Hills, CA
Aug 29, 2024
fulltime
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