IPM Buyer - Beauty

IPM (Initiatives & Product Management) Buyer

PROCUREMENT – NEW YORK

 

COTY is looking for smart leaders who are tenacious, passionate, and fearlessly kind.

 

We’re Coty, a global leader in beauty. We’re World #1 in Fragrance and World #3 in Color Cosmetics. Our iconic portfolio of more than 77 brands are sold in over 150 countries around the world. We believe in beauty with a purpose and brands that inspire, no matter where they are in the world.

 

At Coty Procurement we are at the heart of the Coty Turnaround, leading the way towards regaining operational leadership, and contributing to rediscovering growth.
 

We achieve this by delivering end-to-end, sustainable value creation, leveraging the power of our supplier network, operating in a lean & agile fashion, and driving stronger cooperation with key stakeholders, also thanks to the move of our central Procurement teams to our global HQ in Amsterdam.
 

Join the team that is making a tangible difference for the future of Coty, participate in one of the biggest transformations in the industry, driving and leveraging our culture of pride and performance!

 

THE ROLE

 

The purpose of the IPM Buyer is to manage & be accountable for all end-to-end Procurement activities related to Innovation and Productivity projects within their brand, while supporting the implementation of the Global and Regional Category Sourcing strategy. Projects cover a wide range of packaging categories, as well as TPM (Third Party Manufacturing) projects and raw materials.

 

KEY ACTIVITIES:

• Ensure a sustainable and competitive sourcing solution for Innovation pipeline.
• Execute sourcing projects for new product development according to the category strategy.
• Support Business Continuity service to manufacturing or our TPM framework for all high-risk materials.
• Define and manage productivity pipeline in coordination with planning/operations teams.
• Manage procurement related claims/issue and escalate to IPM leadership and/or category management as appropriate.
• Gather Brand vision on Business needs and Supply Chain specific inputs/requirements to the IPM leadership and Category management.
• Develop Technology expertise and understanding of Brand equity.

The position requires close cooperation with a broad group of Coty business stakeholders, for instance: Category Procurement, Marketing, R&D, Initiative Leaders, Finance, Planning, Manufacturing, EXO Operations, Legal, Quality and Sustainability.

 

KEY RESPONSIBILITIES:

Product Innovation

• Work closely with R&D and Initiative Management to understand the key upcoming launches that are taking place over the next two to three years.
• Ensure the procurement team is providing sourcing solutions that comply to our sourcing strategy, fit the business need, are sensibly sourced and competitively priced.
• Work on projects in pipeline with end to end scope from initiation to execution, working closely at all time with global procurement category leaders.
• Proactively propose opportunities to increase profit & deliver bottom line savings. Keep track of “cost out” opportunities to be implemented in Y2/Y3.
• Offer innovation from our key partners to the business & use procurement levers in order to obtain a competitive advantage from our external partners.
• Ensure continuous connection with Categories to share Brand vision on Business needs.

Procurement Productivity

• Understand the processes, procedures and systems and be able to use that knowledge to improve efficiency and produce high quality work on problems with cross functional impact.
• Know/Learn the key suppliers within the industry, understand their portfolio, capabilities, strengths and weaknesses.
• Align on sourcing panels, manage tenders, analyse bids, propose supplier selection with appropriate justification & ensure business allocation contracts are put in place.
• Identify “Cost out”, “Value in” and “Cash in” productivity projects opportunities.
• Lead Productivity, Value Preservation and Renovation projects execution with Vendors, Initiative Management, Supply Chain Packaging, Quality and Planning.
• Report and track Productivity projects in appropriate systems and forums.

Support to Operations

• Manage procurement related claims/issues and escalate to IPM leadership and/or category management as appropriate.
• Implement actions to minimize materials inventory and obsolescence (notably through OQ set-up).
• Support Business Continuity Plan for all high-risk ma