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Senior Buyer

Red Bull
Santa Monica, United Statesfull_timeVerifiedPosted 4 Jan 2024
💰 $106,470/yr($96,330/yr$106,470/yr)

About the role

Company Description

As part of Red Bull’s category management strategy within our Operations business unit, the Senior Buyer will lead all aspects of assigned categories. This includes the development of category strategies, supplier relationship management, and alignment with internal stakeholders which take into account the goals and requirements of the business. The Senior Buyer will lead negotiations and provide support to the business to achieve the ideal balance of quality and cost. Utilizing structured sourcing processes, the Senior Buyer drives sourcing evaluations and seeks creative opportunities for strategic partnerships that enable growth and seamless business continuity. You will provide technical direction, advice, and counsel on a wide array of procurement processes and issues. The Senior Buyer is a key connector and collaborator between departments, who  ensures that decisions made have a balanced business impact.

Job Description

PROCUREMENT STRATEGY & SUPPLIER MANAGEMENT

 Support the Procurement strategy to reduce costs and drive efficiencies through optimization of sourcing processes, designs, materials and services

Drive cost savings initiatives and help identify and execute strategies

Execute high-level supplier strategies to leverage and optimize relationships

Source new suppliers and manage existing supplier base

Conduct root cause analysis for supplier performance issues, drive corrective actions and issue resolution

Provide reports to monitor spend, identify trends and opportunities, and aid in supplier performance activities

Manage all areas of supplier performance (setting expectations, issue resolution, development, continuous improvement, KPI measurement, etc.)

Manage the complete contract lifecycle from negotiation through execution

Manage assigned categories and projects to ensure execution on time and within the budget

 

CUSTOMER SERVICE

Communicate with the customer about product stocking levels and seasonal fluctuations to ensure there are no stock outs or out of code risk.

Conduct customer reviews to identify and implement opportunities for continuous improvement

Weekly/Monthly customer reporting (Inventory level, PO report)

 

CROSS-FUNCTIONAL PARTNERSHIPS

Align with Red Bull HQ as required or where potential opportunities exist

Engage key departments of spend and drive opportunities for value

Provide first line of communication with assigned suppliers and internal stakeholders

Work with the Risk Management Team to reduce risks associated with materials and services

Manage supplier relationships to support business requirements and ensure alignment with Brand standards provided by Trade Marketing team

Work with counterparts in Trade Marketing, Finance, and Supply Chain teams to support needs of the Sales organization.

 

SUPPLY CHAIN OPTIMIZATION

Support supply chain practices that reduce total supply chain costs, optimize pack-outs and inventory, reduce lead times and maximize customer service levels

Qualifications

Bachelor’s degree in Business, Supply Chain, or other related field

5+ years of experience in Procurement with experience in supplier relationship management

CPM/CPSM and/or Six Sigma certifications preferred

Excellent interpersonal, written, and verbal communication skills

Functional understanding, awareness, and application of Negotiations, Supply Chain, Sourcing, Contracts, and Supplier Management principles

Develop and execute procurement strategies with suppliers, including on-going negotiations, pricing, key supply chain metrics improvement, and day-to-day support of efficient supply chain operations.

Analytical and research skills to evaluate complex procurement data

Understanding of problem-solving and knowledge of root cause analysis tools

Proven conflict resolution, negotiation, and influence skills with strong relationship-building skills.

Strong systems acumen (SAP/Oracle, Business Intelligence, Microsoft Suite [Excel, PowerPoint], etc.)

Exceptional time management, organization, and prioritization skills

Superior customer service and adaptability to changing requirements

Additional Information

The base salary range for this position is $96,330 to $106,470 + cash incentives Actual salary offer may vary based on work experience. The base pay range is subject to change and may be modified in the future.

 

Our current Benefits include:

 

Comprehensive Medical, Dental and Vision Plans, 401k Match, Family Leave, PTO & Paid Holiday Schedule, Pet, Legal, and Life Insurance, Tuition Reimbursement (Benefits listed may vary depending on the nature of your employment and/or work location)

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Company

Red Bull

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