You will be responsible for the Sourcing activities to manage our core product portfolio as well as new product developments including:
• Category management
• Help define & implement supplier strategy for finished goods categories such as Skincare or Bath & Body
• Commercially control spend within your specific remit, working creatively and in a SMART way to reduce both overall costs whilst increasing efficiency
• Identifying and delivering cost saving and value creation opportunities through negotiations, resourcing, tendering activity.
• Manage cost forecasts, share & control assumptions for budget construction, maintain data up to date for financial trends & Budget, report on KPI.
• Working up feasibility costs for new products to ensure commercial viability
• Present and update cross functional teams in meetings on the status of projects
• Keep up to date on market trends and cost impacts which could affect costs for products within remit
• Supplier relationships management
• Identify and evaluate suppliers; select, approve and review supplier performance, lead supplier development efforts on all aspects of the value chain: costs, agility, ethics, innovation, sustainability & quality.
• Manage sourcing negotiations and contract management negotiations: from RFQ/RFP to delivery of the product
• Working closely with suppliers to bring creative and innovative solutions back to our teams
• Corporate representative for an expanding number of incumbent and new suppliers.
• Fostering a collaborative working environment across internal and external cross teams
• Ensures procurement and ethical protocols are documented and followed.