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We have a suitable opening in the Operations – Sourcing department for the role of Senior Manager, Sourcing – Raw Materials (RM) based in Mumbai, who will lead the sourcing of a complex portfolio of Raw Materials for L'Oréal’s manufacturing plant in Indonesia

JOB RESPONSIBILITIES: 

1 - Economic Performance Management

  • Cost & Price Control: Maintain rigorous governance over raw material (RM) pricing structures and cost flows entering manufacturing facilities.
  • Budgeting: Formulate the annual budget, complete with granular and highly structured variance analyses.
  • Trend Tracking: Perform quarterly forecast updates and sensitivity analyses based on evolving market pricing.
  • Variance Visibility: Ensure absolute alignment and clear reconciliation between actual Purchase Price Variance (PPV) and projected financial trends.
  • Cost Drivers: Develop and maintain deep transparency regarding the underlying cost drivers and feedstocks of key raw materials.

 

2 - Negotiations and Pricing

  • RFx Collaboration: Active participant in the global sourcing process, ensuring plant-level inputs are seamlessly integrated into Worldwide (WW) Buyer RFx tenders.
  • Plant Advocacy: Champion local manufacturing needs and constraints to WW Buyers during global negotiations.
  • Cost Optimization: Partner with and influence WW Sourcing to secure highly competitive raw material costs for local plants.
  • System Integrity: Coordinate with WW Sourcing to guarantee the timely availability and accuracy of approved pricing within internal L’Oréal portals.
  • Portfolio Rationalization: Partner with Research & Innovation (R&I) to drive raw material simplification and optimization projects.
  • Value Chain Savings: Continuously identify and execute cost-reduction and value-engineering opportunities across the RM value chain.

 

3 - Supply Chain Security and Agility

  • Risk Mitigation: Develop and implement robust Business Continuity Plans (BCP) for all critical raw materials utilized at the plants.
  • Supply Reliability: Guarantee a highly resilient and compliant supply chain from approved manufacturers directly to L'Oréal manufacturing sites.
  • Launch Security: Secure the supply of raw materials for new formula innovations, launches, and product renovations.
  • Production Transfers: Oversee raw material supply risks during manufacturing transfers (insourcing, plant relocations) to maximize supply chain efficiency.
  • Crisis Management: Provide immediate, hands-on support and solutions to factories during raw material shortages, supply chain tensions, or market disruptions.
  • Inventory Safety: Monitor plant safety stock coverage to ensure compliance with Global Risk Management inventory policies.

4 - Systems & Digitalization

  • Reporting & Analytics: Lead the design and deployment of advanced reporting systems and analytical dashboards.
  • Process Automation: Identify and execute opportunities to automate repetitive tasks and optimize workflows.

 

5 - Supplier Relationship Management (SRM)

  • Consolidator Management: Govern strategic partnerships with Consolidators who facilitate raw material imports and manage localized safety stocks.
  • Local Sourcing Network: Build and maintain an active database of localized distributors and stockists to rapidly absorb sudden plant demand surges.

 

6 - Affiliate Relations: Cultivate strong supplier relationships with the localized affiliates of L'Oréal's globally approved manufacturers.

 

KEY RELATIONSHIPS: 

  • Direct Reportees - Nil (Individual Contributor)
  • Internal Stakeholders
  • Manufacturing Quality Team
  • Manufacturing Supply Chain Team
  • Finance Controller
  • Product Development
  • Research & Innovation
  • External Stakeholders – Suppliers 

 

Expected Qualifiers to apply for the role:

  1. Experience: At least 8 years of professional life, preferably with 3 years in FMCG sourcing or sourcing of Chemicals
  2. Education: At least bachelor’s in engineering, MBA Preferred
  3. Competencies: Data Analytics will be significant advantage for the role

 

TRAVEL REQUIRED: Approx 20% of time, mostly to countries of the L'Oréal plant.

 

 

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