Manager, Procurement

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, skincare, 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, 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.

This role is a Hybrid Role: Employees are expected to work from our Kenilworth, New Jersey or NYC office 3 days per week and may work remotely the remaining days

Overview:

Recognized procurement expert who can develop, plan, implement, and maintain leading edge sourcing strategies and directional guidance and integration across the supply categories and supply relationships to accomplish transformed business results and to achieve best total value of ownership. Develop, decide and execute category/commodity management strategies, supplier relationship management, negotiation, risk management and supply base performance management. Plays lead role for negotiations, contracts, partnerships, and service levels while accomplishing cost saving targets, required quality, service levels and work collaboratively with cross functional organizations including senior management.

Excellent analytical skills, communication skills, business acumen, influencing skills, and the ability to work in a team environment are also critical.

Responsibilities:

Provide sourcing category expertise for all related categories including insourcing vs. outsourcing models

Support development of category strategies based on rigorous analysis of spend data, supply market dynamics, category intelligence, and business requirements

Identify profit improvement opportunities beyond sourcing, such as demand management, process improvements, insource vs. outsource, innovation, etc.

Actively drives value beyond cost – e.g., growth, innovation, risk management

Regularly monitors the market for category leading practices and demand/supply shifts such as supply consolidation, technology innovations, etc.

Strategic Sourcing: Execute strategic sourcing projects utilizing best practice sourcing methodology to deliver exceptional total value in partnership with key stakeholders across the business

Executes strategic sourcing initiatives following the 7-step Sourcing Methodology

Gathers stakeholder and subject-matter expertise/insights and market intelligence to ensure sourcing solutions meet business needs

Assess supplier capabilities and identify new suppliers

Analyze supplier proposals and facilitate fact-based supplier selection process

Prepare and present business cases and should-cost models; performs complex data analysis and build financial models (i.e. ROI, supplier scorecards, savings tracking, make vs. buy decision models)

Analyze and summarize RFP responses and results and prepare recommendations for Senior Management

Develops negotiation strategy and leads negotiations to maximize total value and minimize risks

Establishes contract terms and conditions and coordinates with legal to execute contracts with suppliers that optimize the partnership Develop transition plan to new supplier and support implementation

Ensure savings are delivered against financial plan

Drive continuous improvements post project

Supplier Relationship Management: Establishes and manages the governance processes with suppliers and outsourced partners for categories in scope

Develops qualified, competitive sources of supply on a continuing basis through comprehensive financial and market review

Provide feedback on performance, seek continuous improvement and innovation

Work with suppliers and key stakeholders to manage supplier performance and develop new capabilities

Build and maintain strong relationships with stakeholders and third-party providers

When performance issues emerge, identify root causes and work with internal and external stakeholders to drive efficient resolution

Continuous Improvement: Work with team’s post projects to identify continuous improvement initiatives. Identifies costs drivers to increase cost awareness and influence cost consciousness

Identifies, oversees, pursues and manages re-engineering, value engineering and demand management opportunities to enhance operational effectiveness, interfacing with cross-functional teams

Implements and drives procurement strategy, policies and procedures

Enforces compliance to procurement policies and works to increase adoption

Procurement Analysis: Support value generation sourcing and process improvement initiatives

Conduct analysis in Excel and other BI tools to support procurement activities including spend analytics, budget analysis, etc.

Leverage spend analytics to identify consolidation opportunities; understand total cost of ownership and cost drivers, analyze product/service specifications to identify rationalization opportunities; analyze demand and spend to identify patterns and reduction opportunities

Analyze market intelligence to build business cases and should cost models to identify and quantify improvement opportunities for both sourcing and non- sourcing – e.g., demand management, process improvements, insource vs. outsource, etc.

Gather requirements and specifications from business and category experts to ensure that proposed solutions meet business needs

Qualifications:

BS/BA degree in relevant area such as supply chain, business or STEM required

MBA and other relevant degree /certification (e.g., ISM CPSM or Six Sigma) highly desirable

5 years+ of relevant strategic sourcing experience demonstrating success in positions of increasing complexity

Deep experience designing end-to-end procurement strategies and a track record of leading sustainable high impact sourcing approaches levering sourcing levers beyond tendering

Experience with category management strategies for categories in scope, opportunity diagnostic, strategic sourcing process, supplier management with a 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 and with offshore providers

Ability to lead and influence change in the face of complexity and ambiguity

Excellent stakeholder engagement skills

Thrives in a fast paced, goal oriented, dynamic organization with time sensitive deadlines

Leverage market data, external expert resources, spend analytics, and cost modeling to drive fact based decision making Strong project management skills, including stakeholder timelines and meeting management skills

Expert understanding of contract terms and techniques for driving additional value and managing risks

Ability to support, lead and conduct successful negotiations

Develop and manage relationships across the business to achieve key business, organizational and