What are the responsibilities and job description for the Category Manager - Direct Materials position at SI Group?
Job Description
The Role:
As the Category Manager - Direct Materials, reporting to the Director – Sourcing, you will be responsible for developing and implementing comprehensive strategies for a specific category of goods or services, aligning these strategies with overall business goals. This involves in-depth market knowledge, building and managing strategic relationships with key suppliers to optimize value and performance, leading complex negotiations, leveraging data analysis to drive sourcing decisions and identify opportunities. Additionally, you will be managing financial aspects within your category and effectively collaborating with cross-functional stakeholders to ensure alignment and achievement of desired outcomes. You will be accountable for the overall performance and risk management within your assigned category.
How You Will Make an Impact:
We strive for all employees to nurture physical, mental and emotional health both personally and professionally. Our commitment to health and wellness centers around prevention, early detection and embracing a healthy lifestyle. Some offerings may vary by role or region, but may include:
Essential Solutions with Extraordinary Results
SI Group is a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates. Our solutions are essential to many diverse industries and applications, creating extraordinary results. We drive value by enhancing the quality, performance, and durability of countless items we use every day.
We are on a journey to captivate our customers at every level. Whether that means expanding our capabilities, global reach, or providing new innovations and technologies that create value. Our approach is customized to exceed customer needs and deliver superior performance.
The Role:
As the Category Manager - Direct Materials, reporting to the Director – Sourcing, you will be responsible for developing and implementing comprehensive strategies for a specific category of goods or services, aligning these strategies with overall business goals. This involves in-depth market knowledge, building and managing strategic relationships with key suppliers to optimize value and performance, leading complex negotiations, leveraging data analysis to drive sourcing decisions and identify opportunities. Additionally, you will be managing financial aspects within your category and effectively collaborating with cross-functional stakeholders to ensure alignment and achievement of desired outcomes. You will be accountable for the overall performance and risk management within your assigned category.
How You Will Make an Impact:
- Develop and implement category strategies aligned with business objectives, considering medium-term impact and value creation.
- Develop and execute negotiation strategies for key suppliers and contracts, achieving significant value and mitigating risks through sophisticated techniques.
- Comprehensive understanding of global and regional market dynamics, supply chain risks, innovation, and competitive landscape within relevant categories.
- Develop and manage strategic relationships with critical suppliers, focusing on performance management, value creation, and joint improvement initiatives.
- Leverage data analytics to develop category insights, track performance against targets, and inform strategic sourcing decisions.
- Develop a strong understanding of the financial implications of sourcing decisions, including ROI, TCO, and value engineering principles.
- Build strong relationships with key stakeholders, influencing their decisions and aligning procurement strategies with their business objectives.
- Develop and implement risk mitigation strategies within category plans, considering supply chain vulnerabilities and business continuity.
- Manage complex sourcing projects with cross-functional teams, applying project management methodologies and ensuring successful delivery of outcomes.
- Lead and motivate cross-functional sourcing teams, providing guidance, coaching, and fostering collaboration.
- Bachelor's Degree
- Minimum of 5 years procurement experience with a minimum of 3 years in category management
- Experience working in the chemicals market with direct raw materials
- Track record of successfully negotiating agreements with suppliers
- Demonstrated analytical skills and business acumen
- Mastery with Microsoft Excel, PPT and SAP
We strive for all employees to nurture physical, mental and emotional health both personally and professionally. Our commitment to health and wellness centers around prevention, early detection and embracing a healthy lifestyle. Some offerings may vary by role or region, but may include:
- Physical Health benefits including competitive Medical, Dental, and Vision packages, company contribution to Health Savings Account, cash incentive for Annual Physical and reimbursement
- Financial Wellness opportunities including company paid life insurance and disability plans, 401(k) Retirement Plan with generous company match, and certified Financial Planning & Investment services
- Mental Health benefits including generous Paid Time Off and 10 Paid Holidays, Paid Parental Bonding Leave, and much more!
Essential Solutions with Extraordinary Results
SI Group is a global leader in the innovative technology of performance additives, process solutions, active pharmaceutical ingredients, and chemical intermediates. Our solutions are essential to many diverse industries and applications, creating extraordinary results. We drive value by enhancing the quality, performance, and durability of countless items we use every day.
We are on a journey to captivate our customers at every level. Whether that means expanding our capabilities, global reach, or providing new innovations and technologies that create value. Our approach is customized to exceed customer needs and deliver superior performance.