What are the responsibilities and job description for the Strat Category Mgr position at Pettibone / Traverse Lift?
Category Strategy Development:
- Develop and implement category strategies to drive cost savings, improve supplier performance, and mitigate supply chain risks.
- Conduct market analysis and benchmarking identify new opportunities for cost reduction and innovation.
- Collaborate with cross-functional teams, including engineering, operations, and finance, to align category strategies with business needs.
Supplier Management:
- Build and maintain strong relationships with key suppliers to ensure reliable supply and contains improvement.
- Lead supplier negations, including contract terms, pricing, and service level agreements.
- Monitor supplier performance and implement corrective actions when necessary to ensure compliance with quality and delivery standards.
Procurement Process Optimization:
- Oversee the end-to-end procurement process, including supplier selection, negotiation, contracting, and performance management.
- Implement best practice in procurement processes, including demand planning, inventory management, and order fulfillment.
- Identify opportunities for process improvements and lead initiatives to increase efficiency and reduce costs.
Team Leadership and Development:
- Manage and mentor a team of procurement analysts, providing guidance, support, and performance feedback.
- Foster a collaborative team environment that encourages innovation and continuous improvement.
- Develop training and development plans to enhance team skills and capabilities in category management and procurement.
Risk Management:
- Identify and mitigate supply chain risks, including potential disruptions, quality issues, and supplier financial stability.
- Develop contingency plans to address supply chain risks and ensure business continuity.
- Monitor market trends and regulatory changes that may impact category strategies and procurement activities.
Financial Performance:
- Drive cost savings initiatives to meet or exceed annual savings targets.
- Analyze category spend data to identify cost drivers and develop strategies to reduce total cost of ownership.
- Work closely with finance to ensure accurate budgeting, forecasting, and reporting of category spend.