Strategic Sourcing Category Manager
📋 Role Overview & Responsibilities
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.
The Strategic Sourcing Category Manager CAPEX is a SME on the Capital category and emerging business models. They will be responsible for proactively developing, implementing, and evolving Category Strategies while supporting and influencing internal stakeholders. This individual will support key category initiatives by providing sourcing direction & expertise in the supplier evaluation, selection & management, commercial agreements negotiation, data analytics & pricing reviews. The Strategic Sourcing Category Manager CAPEX, reports to the Manager, Corporate Sourcing, Indirect.
Key Responsibilities
Critical contribution this role is counted on to deliver are
Supports annual $30MM+ in CAPEX sourcing activities across Pharmavite's manufacturing, corporate and distribution facilities.Proactively develops, presents and implements CAPEX Sourcing Category Strategies including process maps to optimize value for Pharmavite.Contributes to development of Preferred Supplier vendor listing and vendor optimization strategies through understanding of internal and external stakeholders, utilizing supplier performance scorecards and executing contracts.Lead the Capital strategic sourcing process, including the selection of suppliers and commercial terms negotiations to obtain the best value quality specifications, service demands and supplier innovation opportunities.Works with internal stakeholders to achieve optimal total cost of ownership and manage risk, while meeting the business and stakeholders objectives.Establish short- and long-term category metrics and TCO savings targets, monitor performance, and communicate these to stakeholders.Drive value through supplier relationship management and QBRs to ensure quality, delivery and cost improvements, utilizing KPIs, scorecards, etc.Provides Pharmavite Engineering team with market intelligence on portfolio items as well as marketplace trends.Regularly performs price, industry and supplier analysis to support effective decision analysis in the sourcing process and work directly with key suppliers to negotiate preferred pricing and contract terms.Proactively and regularly communicates with Operations, Engineering and Quality team to ensure tactical alignment to category initiatives.Contributes to a strong governance culture by complying with Capital Sourcing policy and other appropriate governance policies and procedures.
The Ideal Candidate
The ideal candidate is a self-starter and possess 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 Factors
You'll be most successful in this role if you have:
Understanding of Enterprise business relationships and how this role impacts others.Functional knowledge of the CAPEX Category, including emerging business models.Experience with capital projects to support new greenfield site construction preferred.General understanding of the financial aspects of capital expenditures, ROI, NPV, cash flow and total cost of ownership.General Understanding of process engineering, the design and build of equipment and facility construction.The ability to incorporate market intelligence and data analytics into the category strategies and to leverage the information during contract negotiations.
Capabilities & Skills Required
In order to take on these challenges, you'll need to have:
5+ years of work experience including 2 years of experience CAPEX SourcingBS/BA degree in related field required or equivalent experience (e.g. Operations, Supply Chain, Finance, Engineering)Ability to look at varying sources of data such as spend, cost, financial, and sources of market intelligence to be able to communicate to stakeholders, and manage and mitigate category riskWorked with cross functional teams where people want to have you on their project teams and you have been able to influence and sway people to your opinions or ideas or get what you want or need
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 Range
$99,700.00 - $149,600.00
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.
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.
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