Global 3PM Procurement Lead - 3rd Party Manufacturing
£48,000 per annum
Liverpool (Hybrid)
Initial 6 Month Assignment
Our client is looking for an experienced Procurement Manager – 3rd Party Manufacturing (3PM) who has a strong growth mindset and a can-do approach to doing what it takes to win. Managing a spend of c€50M we are looking for someone who thrives in balancing cost, service, innovation & partnerships with the ambition to deliver a substantial step up in profitable growth of the current perimeter.
As the Procurement Manager – 3PM, you will play a role in developing 3PM sourcing strategy, supporting innovation programs, supply chain network optimisation and contract execution. This end-to-end role will be responsible for creating the right contractual & relationship framework which delivers on – ongoing competitive costs, service, innovation & sustainability priorities of the business and brands.
Key Responsibilities:
* Part of the procurement team with overall responsibility for specific 3PM relationships, supporting innovation, supply chain network optimisation and contract execution.
* Responsible for ensuring the right contractual framework to deliver on the priorities and ongoing performance KPIs.
* Costs: Forecasts & cost visibility owns the cost delivery against annual budget. Ensures ongoing cost competitiveness, creates and delivers on a savings funnel in line with annual targets.
* Tracks key commodities and develops and executes a cover policy including hedging where relevant.
* Manages and controls investments on moulds and other tooling required for bottles, caps, cans, labels provided by the 3PM in liaison with the packaging procurement team etc.
* Works closely with partners and internal teams to deliver on the innovation priorities.
* Working capital: Delivers on the working capital and cash generation priorities of the business by driving efficiencies on stocks and payment terms.
* Service: Collaborates with 3PM team to ensure right stocking principles are followed by 3PM on raw & pack materials. Intervenes to resolve short term service issues.
* Sustainability: helps to create and deliver on the sustainability vision on finished goods in line with the broader business vision.
* Partners with cross functional teams in a global setup and any supply chain network optimisation to deliver on the objectives and priorities.
Requirements:
* Bachelor’s Degree from an accredited college or university, preferably in business, finance, or supply chain management.
* 5+ years of experience in procurement, preferable with focus on Contract Manufacturing. Having managed 3PM relationship for beauty and personal care products will be an added advantage.
* Understanding of key 3PM suppliers, costing principles, open-book costing, sustainability and incorporation of recycled content in pack material.
* Able to demonstrate analytical and conceptual problem-solving ability; excellent oral and written communication skills, including presentation skills.
* Able to demonstrate the ability to multi-task, meet tight deadlines and work under pressure with autonomy.
* Be able to effectively lead and engage cross functional global teams and a willingness to take responsibility and accountability.
* Be a self-starter with the ability to deliver results in a lean, agile organisation and be able to adapt to changing priorities.