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# 157319 - Piscataway, New Jersey, United States
Who We Are
Colgate-Palmolive Company is a caring, innovative growth company that is reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, we sell our products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA SKIN, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Pet Nutrition.
We are recognized for our leadership and innovation in promoting sustainability and community wellbeing, including our achievements in decreasing plastic waste and promoting recyclability, saving water, conserving natural resources and improving children’s oral health.
If you want to work for a company that lives by their values, then give your career a reason to smile and join our global team!
Summary:
The Strategic Commodity Procurement Manager is responsible for building and executing global strategic sourcing plans and risk management programs for fats & oils commodities. The Strategic Commodity Procurement Manager will define the commodity footprint and manage risk landscape, including volatility, sustainability, supply disruptions and policy changes. He/She will lead the volatility risk management programs which include financial hedging, price locking and improving forward costs transparency.
The Strategic Commodity Procurement Manager is responsible for ensuring the supply, cost, quality, and service of a group of materials that he/she will manage, will identify and resolve all purchasing related issues for the materials/suppliers, must have a clear understanding of the market drivers influencing the dynamics of his/her sourcing geographies, and will be responsible for price and price forecast management. Also will work with related stakeholders to resolve any critical service/quality issues, to align with Network Operations and Technology on New Product Development and must be adept at the use of supply chain tools (Supply Management Inventory, ESM- Enhance Supply Management Audits, CLM - Risk Management etc.).
Responsibilities:
Accountable for defining and leading strategic sourcing plans and commodity risk management (CRM) strategy
Map commodity footprint by increasing market intelligence, building strategic framework and long ranch plans
Develop best practices to report, capture and mitigate price risk both financially and within physical contracts
Analyze and develop a deep understanding of the supply markets, including external economic factors which influence those markets
Participates in external industry forums and seminars on an as needed basis
Execute annual direct materials budget guidance and support
Strategic supplier coordination, scorecard, investment assessments
Build relationships with key suppliers and financial counterparties for the execution of strategy
Executes effective negotiations with global suppliers
Leads continuous improvement programs with suppliers
Required Qualifications:
A minimum of a Bachelor of Arts or Science Degree in a technical or business field, or comparable discipline
Minimum 7 years of Procurement or Supply Chain experience.
Preferred Qualifications:
Minimum 2 years of management experience.
An understanding of execution strategies for futures, swaps and options in high and low liquidity markets
An understanding of fats&oils commodities would be an asset
An advanced degree (MBA) or professional certification (CPM or CPSM) is desirable.
Compensation and Benefits
Salary Range $140,000.00 - $165,000.00 USD
Pay is based on multiple non-discriminatory, individualized factors including but not limited to experience, job-related knowledge and education, skills and office/market location. In addition to base salary, salaried employees are eligible for annual discretionary bonuses, profit-sharing and, for Executive-level (salary grade 16 and above) roles only, long-term incentives in the form of Restricted Stock Units and/or Stock Options.
Subject to the terms and conditions of the applicable benefits plans then in effect, all salaried employees are also eligible for a competitive benefits package which includes:
Our Commitment to Sustainability
With the Colgate brand in more homes than any other, we are presented with great opportunities and new challenges as we work to integrate sustainability into all aspects of our business and create positive social impact. We are determined to position ourselves for further growth as we act on our 2025 Sustainability & Social Impact Strategy.
Our Commitment to Diversity, Equity & Inclusion
Achieving our purpose starts with our people — ensuring our workforce represents the people and communities we serve —and creating an environment where our people feel they belong; where we can be our authentic selves, feel treated with respect and have the support of leadership to impact the business in a meaningful way.
Equal Opportunity Employer
Colgate is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity, sexual orientation, national origin, ethnicity, age, disability, marital status, veteran status (United States positions), or any other characteristic protected by law.
Reasonable accommodation during the application process is available for persons with disabilities. Please contact Application_Accommodation@colpal.com with the subject "Accommodation Request" should you require accommodation.
For additional Colgate terms and conditions, please click here.
#LI-Hybrid
Full Time
Durable Manufacturing
$119k-152k (estimate)
03/19/2024
07/16/2024
colgatepalmolive.com
NEW YORK, NY
15,000 - 50,000
1806
NOEL R WALLACE
$10B - $50B
Durable Manufacturing
We are Colgate, a caring, innovative growth company that is reimagining a healthier future for all people, their pets, and our planet. We are a leading global consumer products company with 34,000 people dedicated to improving the health and wellness of people and their pets. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition and reaching more than 200 countries and territories, Colgate teams are developing, producing, distributing and selling health and hygiene products and pet nutrition offerings essential to society through brands such as Colgate, Palmolive, elmex, Toms of Mai...ne, hello, Sorriso, Speed Stick, Softsoap, Irish Spring, Protex, Sanex, Filorga, eltaMD, PCA Skin, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hills Science Diet and Hills Prescription Diet. We are also recognized for its leadership and innovation in promoting environmental sustainability and community wellbeing, including our achievements in saving water, reducing waste, promoting recyclability and improving the oral health of children through our Bright Smiles, Bright Futures program, which has reached more than one billion children since 1991. For more information about our global business and how the we are building a future to smile about, visit http://www.colgatepalmolive.com. Follow @CP_News on Twitter for news about Colgate-Palmolive: https://twitter.com/CP_News For information about joining our team, visit https://jobs.colgate.com/ and stay connected at: http://facebook.com/ColgatePalmoliveJobs https://twitter.com/ColgateCareers
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