Procurement Lead
OnScentOnScent is a disruptive new force in the fragrance industry founded on decades of experience. We are an international manufacturer of fragrance and natural cosmetic solutions with world class natural, organic and sustainable materials for the fragrance, cosmetic and personal care industries. We invest the expertise, creativity, and relentless commitment to operational excellence that product innovators require through a partnership model based on trust, transparency, and mutual success.
Reporting to the Sr Vice President Operations, the Procurement Leader will be responsible for developing and executing the raw material sourcing strategy to establish supply chain stability, reduce lead times, improve quality, and achieve cost of goods improvements. The primary objective will be to minimize the organizations overall costs by leading the development and continuous improvement of sourcing and purchasing strategies. Responsibilities will include, but are not limited to:
Develop multi-year strategy around optimizing supplier base. Ensure purchasing actions are jointly developed, fully communicated, and correctly integrated into strategic plans and budgets of the organization. Assess current material availability; reasonably predict future availability based on the market, delivery systems, and other variables. Prepares and presents market conditions and raw material cost reports. Manage and support corporate oversight for purchases, across multiple expense categories and create strategic vision for the company as well as driving purchasing synergies to achieve cost savings. Optimizes inventory position. Oversee the timely and accurate preparation and processing of purchase orders and requisitions for materials, supplies, and equipment. Originate, approve, and implement comprehensive instructions, policies, and procedures governing procurement and contract management activities. Originate, lead negotiation efforts and govern purchase agreements and vendor contracts with a bias for achievement of quality, delivery, cost containment and process improvement. Identifies and capitalizes on opportunities to reduce purchasing costs. Assess and approve terms and conditions for bid issuance and awarding, ensuring alignment with organizational objectives and industry best practices. Develop and monitor metrics, processes and procedures to measure vendor performance delivery, service, quality and pricing. Resolves grievances with vendors, contractors, and suppliers. Implements and ensures purchasing and recordkeeping systems are maintained. Coordinates removal or disposal of surplus materials. Develop and maintain annual department operating budget that is represented in forecasted vs. actuals and aligned to the business.
Qualifications:
BA/BS in supply chain management, economics, finance, operations, business, accounting or manufacturing related field or equivalent experience preferred. MBA and APICS certification a plus, Minimum of 15 years of experience progressive experience in Sourcing and Procurement, Purchasing, and Supply Inventory planning with a proven ability to lead change. Ability to report on key purchasing metrics with clarity, good visualization, and savvy to present to senior executives. Must be a hands-on influential leader with demonstrated capability to drive improvement across departments. Must be able to access all areas of the facility to determine needs. May require travel approx. 10% to conference, visit suppliers/vendors. Proven ability to lead a team to success while demonstrating strong influential leadership.
Compensation: $130,000 $160,000 plus bonus incentive
Benefits: We offer a competitive benefits package, which includes: Medical, dental, and vision insurance 401(k) with company match Paid time off and company holidays Life and disability insurance, and pet insurance
OnScent is an Equal Opportunity Employer We are an Equal Opportunity Employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic under applicable law.
Job Type
- Job Type
- Full Time
- Location
- Norwood, NJ
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