Description
At Revlon, we create beauty innovations for everyone that inspire confidence and ignite joy every day.
Breaking beauty boundaries is in our company’s DNA. Since its game-changing launch of the first opaque nail enamel in 1932 (and later, the first long-wear foundation), Revlon has provided consumers with high-quality product innovation, performance, and sophisticated glamour. Elizabeth Arden made waves as a woman-led beauty company in the 1920s. In 1931, Almay became the original hypoallergenic, fragrance-free beauty brand.
Today, Revlon resiliently continues its legacy as a leading global beauty company. Our diverse portfolio—which consists of some of the world’s most iconic brands and product offerings in color cosmetics, skin care, hair color & care, personal care, and fragrances—is sold around the world through prestige, professional, mass, and direct-to-consumer retail channels. These brands include Revlon, Revlon Professional, Elizabeth Arden, Almay, American Crew, CND, Cutex, Mitchum, Sinful Colors, Creme of Nature, Britney Spears, Christina Aguilera, John Varvatos, Juicy Couture, Ed Hardy and more.
We honor our heritage, embrace change, and applaud diversity. We champion our employees and celebrate our consumers.
We are Revlon, together, transforming beauty.
Position Overview:
Revlon is seeking a Director / Sr. Director, Procurement Excellence to play a key role in transforming procurement by leading strategy development across the procurement teams, including ingredients purchasing, components purchasing, third-party manufacturing and indirect purchasing. The role provides core expertise in four main areas, Performance Management, Financial Management, Relationship Management and Risk Management. The role will work to deliver against the strategic direction given by the VP of Global Procurement and be responsible for helping to identify and working with the procurement team to implement procurement leading practices including spend analytics, category management, portfolio planning, policy/SOP development, supplier relationship management, and technology / tool implementation.
The ideal candidate will possess: 1). 10+ years of experience in a large multinational corporate environment working with and/or in procurement 2). Deep knowledge of key enablers, practices and technology leveraged by high performing procurement organization (including eSourcing/reverse auctions, spend analytics, CLM tools, etc.), 3). The strategic, analytical, and interpersonal skills to act as an effective change agent. 4). a consistent track record of delivering business impact in a complex global corporate environment and 5). excellent business acumen, influencing skills, and the ability to work with analytical tools (e.g., Power BI, Excel, etc.).
Key Responsibilities
Procurement Program Governance
Responsible for spend visibility reporting and working with the category leads, Finance, and key business partners to ensure data integrity
Work in conjunction with category leads to implement planning processes for key spend areas (e.g., raw materials, components, packaging, and TPM), integrating supply/demand market dynamics, supplier intelligence, should cost analysis as well as opportunities to leverage demand management and value engineering
Work closely with Finance to track savings progress and realization
Develop and monitor KPIs to measure and improve the effectiveness of the key elements of the procurement organization
Implement procurement policy and processes to track compliance within team and business stakeholders
Develop communications and reporting to track and communicate Procurement’s value contribution for Executive Team, brands and functions
Communicate and collaborate effectively with key internal stakeholders and other process leaders to drive stakeholder engagement and organizational change management
Process Improvement:
Ensure use of leading strategic sourcing methods and tools to support category leads in delivering exceptional total cost value creation and supply quality/assurance.
Work with teams to develop strategies to augment procurement impact on processes such as NPDs, Value Engineering, Make vs. Buy decisions, etc.
Evaluate external market intelligence and best practices for category sourcing leads to leverage
Leverage external benchmarking and intelligence to challenge status quo and identify incremental value opportunities
Drive continuous improvement and best practices and identifying process efficiency opportunities
Technology Enablement:
Leverages existing and technology to automate the procurement function (e.g., Spend Analytics, eSourcing, CLM, P2P, SIM, etc.)
Manage Procurement Technology roadmap, implementation, deployment and users/supplier adoption
Implement new processes and technologies by defining business requirements, working with third party technology providers to configure, validate and test.
Update and maintain team sourcing templates (e.g., RFI, RFx, contracts, etc.)
Automate reporting to provide visibility into and track the compliance as well as results of deployed initiatives
Supplier Management:
Establish leading supplier relationship management practices to optimize value and minimize risks.
Implement formalized supplier segmentation and tracking process across supplier base
Build policies and procedures to review supplier performance against contracted obligations/ service levels and business requirements.
Implement processes and tools to drive continuous improvements post project
Work with category and TPM managers to systematically leverage supplier innovation
Create, monitor and report on supplier management KPIs
Implement risk mitigation practices to anticipate, monitor and manage supply risk
Manage and optimize relationship with 3 rd party Procurement service providers
Leadership:
Serves as the backup to the head of the department as needed
Hires, develops, and coaches team of 3 or more including a Sr. Manager and two analysts. Manages retention, compensation, performance management, resource scheduling and planning, capability and skill development, career development and succession planning.
Establishes and creates department training and development programs
Works with business partners to demonstrate value of procurement process and ensures strong sponsorship and participation from cross-functional team
Capabilities Required:
Deep experience with procurement technology including Spend Visibility, eSourcing, Procure to Pay, CLM, and SIM/SRM
Experienced with category management strategies, opportunity diagnostic, 7 step strategic sourcing process, supplier management
Knowledge of advanced procurement analytics and tools (e.g., should cost modeling, price regression analysis, scenario planning, etc.)
Proven track record of delivering business impact
Demonstrated analytical, financial, problem solving, organization, and project management skills
Highly motivated with an entrepreneurial mindset, proactive and innovative
Experience working effectively in global complex organizations
Ability to lead and influence change in the face of complexity and ambiguity
Thrives in a fast paced, goal oriented, dynamic organization with time sensitive deadlines
Strong project management skills, including stakeholder timelines and meeting management skills
Expert understanding of supplier management concepts for driving additional value and managing risks
Develop and maintain a network of contacts to achieve key business, organizational and cross-cultural objectives.
Thorough working knowledge of procurement best practices
In depth understanding of financial concepts, total cost of ownership, working capital, etc. Expert in generating and analyzing business cases
Thorough knowledge of TQM methodology, their application and their use towards continuous improvements
Excellent communication skills including written, verbal and meeting facilitation/ presentations
Ability to interact effectively and gain credibility with internal associates at all levels as well as external third parties
Qualifications Required
BS/BA degree in relevant area such as supply chain, business or STEM required.
MBA and other relevant degree /certification (e.g., ISM CPSM) highly desirable.
10 years+ of relevant experience demonstrating success in positions of increasing complexity
Six sigma or lean training / certification highly desirable
#LI-KD1
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)