Strategic Sourcing Manager, Packaging Job
ArkemaAbout the role
Arkema Inc. has an opening for a Strategic Sourcing Manager on our Raw Materials and Energy Purchasing team. This position responsible for direct material purchases for a specified portfolio in the Americas region. This role is responsible for formulating and executing purchasing strategies to manage risk, availability, and quality of raw materials at the lowest total cost of ownership.
The Strategic Sourcing Manager routinely works with regional and global business leaders, supply chain management, finance, manufacturing, engineering, R&D, and others to ensure alignment of projects/activities with Procurement goals and objectives.
Travel may be required for meetings with internal and external stakeholders. This could include quarterly or as-needed trips to visit BU clients, familiarize yourself with associated manufacturing plants, visit the corporate headquarters to meet with the DAMPE team, and potentially meet with suppliers. Additionally, travel may be necessary for industry events and to manage supplier relationships.
The Strategic Sourcing Manager, Packaging reports to the Director of Procurement for Specialties and Packaging.
ESSENTIAL DUTIES & RESPONSIBILITIES
35% Strategic Sourcing
- Conducts comprehensive supplier analysis and screening (strategic direction, financial due diligence, market position, power within industry, capabilities & capacity, risk assessment) and develop strategies for their portfolio with key business partners.
- Develops and implements global strategic sourcing strategies for designated spend categories. Executes the strategies in North America.
- Negotiates and implements commercial agreements and contracts catered to supply situations and ensure that they are aligned with a strategy to ensure business continuity through the agreements.
- Drives an environment that leads procurement best practices, policies, quality, safety, and compliance. Provides mentorship of Purchasing team members as possible and appropriate.
- Supports and guides members of the global direct materials purchasing teams and key BU stakeholders to analyze complex supplier proposals and using decision-making tools and models, including financial and non-financial criteria, to facilitate award recommendations.
- Creates and maintains pricing models and predictive models for feedstock and other key cost drivers for all key materials. Forecasts raw material price evolution.
- Establishes and implements strategies for negotiating commodity purchasing agreements based on in-depth knowledge of global and domestic markets for optimum pricing and terms.
- Supports the development of new products through early involvement with the BU, Engineering and R&D on alternative identification and supply agreement negotiations.
- Develops and maintains high and wide relationships with vendors (and contractors as appropriate) to ensure good, reliable sources of supply and information. Supports Arkema/Bostik Sr. Management interactions in support of strategic initiatives.
- Reviews and revises supply agreements with support of the Law Department. Validate contracts according to their DOA (Delegations of Authority).
30% Tactical Purchasing
- Supports and manages monthly/quarterly price negotiations as assigned to assure optimal overall global spend in alignment with global strategies/initiatives.
- Resolves delivery and quality issues with suppliers.
- Provides guidance and coaching to local buyers in supplier management.
- Conducts monthly reporting and supports analytical analysis in support of the BUs. Perform analysis on annual spend for each commodity within his/her responsibility and leverages these analyses in business planning, strategies, and negotiations.
- Follows business spend and forecasts to ensure compliance with Global Sourcing Strategies.
- Supports Working Capital initiative by working with suppliers to increase payment terms and decrease lead times. Work with business to optimize inventory levels.
25% Raw Material Project Management
- Leads cro
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