What are the responsibilities and job description for the Procurement Category Manager position at Magnera Corporation?
Overview
Magnera's purpose is to better the world with new possibilities made real. For more than 160 years, the originating companies have delivered the material solutions their partners need to thrive. Through economic upheaval, global pandemics and changing end-user needs, they have consistently found ways to solve problems and exceed expectations. By bringing together these legacy companies, the distinct scale and comprehensive portfolio of products will bring customers more materials and choices. With a combined legacy of resilience, Magnera will build personal partnerships that withstand an ever-changing world.
To manage, develop, and oversee assigned strategic categories. Focus on cost improvements, market/industry analysis, and supply base. Implement solutions that add value to Magnera stakeholders.
Responsibilities
- Manage and design overall Supplier relationship, strategy, and business needs within assigned Commodity and develop department staff
- Regularly meet, review, & discuss with Supply base all available technologies, operations, opportunities, and supply chain challenges
- Contract management and compliance, ensuring specific terms and requirements are present and met that support each category’s strategic and financial goals
- Acquire and maintain an in-depth market knowledge of foreign and domestic forces, trends in cost and technology, and R&D platforms within assigned portfolio of categories
- Qualify suppliers, create risk assessments and make recommendations regarding suppliers, their reliability, competitive pressures, capabilities, financial health, and market strengths
- Work with department personnel to ensure suppliers are effective, providing maximum value, meeting qualifications, regulatory requirements, and expectations
- Act as the liaison between suppliers, divisional manufacturing facilities, sales, R&D, and the Procurement department
- Project manager for cross-functional teams ensuring cohesiveness and maximum utilization of resources to meet project objectives and time lines
- Identify and implement a successful strategy to meet inventory and working capital metrics
- Develop and train department personnel
- Special Projects and other duties as assigned
- Travel: approximately 10-20%
Qualifications
- Bachelor’s Degree in Business, Finance, Purchasing/Supply Chain is preferred and 5-yrs experience in Procurement or related field
- Experience with Commodity/Category management; understanding of manufacturing and design, materials composition, testing methods, and industry costing methods
- Proven history of executing cost savings initiatives
- Ability to negotiate with high-level of success
- Demonstrated leadership skills
- Understanding of key Procurement KPIs/metrics
- High-level problem-solving skills; analytical, organizational, and communication skills
- Ability to lead teams, document results, and implement actions
- Ability to analyze data, make sound decisions and recommendations based on findings
- Ability to communicate, present to multiple levels throughout organization