Strategic Sourcing Manager, Distribution and Minerals Job

Arkema Inc. has an opening for a Strategic Sourcing Manager on our Raw Materials and Energy Purchasing team. This position is responsible for total spend in 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 US Direct Purchasing team, and potentially meet with suppliers. Additionally, travel may be necessary to attend industry events.

 

The Strategic Sourcing Manager, Distribution and Minerals reports to the Director of Procurement for Intermediates and Distribution.

 

ESSENTIAL DUTIES & RESPONSIBILITIES

30% Strategic Sourcing

• Performs detailed analysis of portfolio to identify opportunities for cost savings, risk mitigation, working capital improvement, complexity reduction, and operational efficiency.
• Conducts comprehensive supplier analysis and screening (strategic direction, financial due diligence, market position, power within industry, capabilities & capacity, risk assessment) and develops strategies for their portfolio with business partners.
• Develops and implements regional strategic sourcing strategies for designated spend categories. Aligns and executes global strategies in North America.
• Negotiates and implements commercial agreements and contracts catered to supply situations and ensures that they are aligned with a strategy to ensure price optimization and 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 direct materials purchasing teams and key BU stakeholders to analyze complex supplier proposals, while using decision-making tools and models, including financial and non-financial criteria, to facilitate award recommendations.
• Creates and maintains pricing models, including predictive, for feedstock and other key 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. Validates contracts according to their DOA (Delegations of Authority).

 

30% Tactical Purchasing

• Supports and manages monthly/quarterly price negotiations as assigned to assure optimal regional spend in alignment with regional and global strategy.
• Resolves delivery and quality issues with suppliers.
• Provides guidance and coaching to local buyers in supplier management.
• Conducts monthly analytics on Purchase Price Variance and estimates the 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.