Position Title

IPM (Initiatives & Product Management) Buyer

Reporting Line

IPM (Initiatives & Product Management) Procurement Director

ABOUT COTY                   

Coty is one of the world’s largest beauty companies with an iconic portfolio of brands across fragrance, color cosmetics, and skin and body care. Coty is the global leader in fragrance and number three in color cosmetics. Coty’s products are sold in over 150 countries around the world. Coty and its brands are committed to a range of social causes as well as seeking to minimize its impact on the environment. For additional information about Coty Inc., please visit www.coty.com.

 

ABOUT PROCUREMENT

At Coty Procurement we are at the heart of the Coty Turnaround, leading the way towards regaining operational leadership, and contributing to rediscovering growth.

We achieve this by delivering end-to-end, sustainable value creation, leveraging the power of our supplier network, operating in a lean & agile fashion, and driving stronger cooperation with key stakeholders, also thanks to the move of our central Procurement teams to our global HQ in Amsterdam.

Join the team that is making a tangible difference for the future of Coty, participate in one of the biggest transformations in the industry, driving and leveraging our culture of pride and performance!

 

THE ROLE

The purpose of the IPM Buyer is to manage & be accountable for all end-to-end Procurement activities related to Innovation and Productivity projects within their brand, while supporting the implementation of the Global and Regional Category Sourcing strategy. Projects cover a wide range of packaging categories, as well as TPM (Third Party Manufacturing) projects and raw materials.

Key activities:

Ensure a sustainable and competitive sourcing solution for Innovation pipeline. Execute sourcing projects for new product development according to the category strategy. Support Business Continuity service to manufacturing or our TPM framework for all high-risk materials. Define and manage productivity pipeline in coordination with planning/operations teams. Manage procurement related claims/issue and escalate to IPM leadership and/or category management as appropriate. Gather Brand vision on Business needs and Supply Chain specific inputs/requirements to the IPM leadership and Category management. Develop Technology expertise and understanding of Brand equity.

The position requires close cooperation with a broad group of Coty business stakeholders, for instance: Category Procurement, Marketing, R&D, Initiative Leaders, Finance, Planning, Manufacturing, EXO Operations, Legal, Quality and Sustainability.

 

KEY RESPONSIBILITIES

Product Innovation

Work closely with R&D and Initiative Management to understand the key upcoming launches that are taking place over the next two to three years. Ensure the procurement team is providing sourcing solutions that comply to our sourcing strategy, fit the business need, are sensibly sourced and competitively priced. Work on projects in pipeline with end to end scope from initiation to execution, working closely at all time with global procurement category leaders. Proactively propose opportunities to increase profit & deliver bottom line savings. Keep track of “cost out” opportunities to be implemented in Y2/Y3. Offer innovation from our key partners to the business & use procurement levers in order to obtain a competitive advantage from our external partners. Ensure continuous connection with Categories to share Brand vision on Business needs.

 

Procurement Productivity

Understand the processes, procedures and systems and be able to use that knowledge to improve efficiency and produce high quality work on problems with cross functional impact. Know/Learn the key suppliers within the industry, understand their portfolio, capabilities, strengths and weaknesses. Align on sourcing panels, manage tenders, analyse bids, propose supplier selection with appropriate justification & ensure business allocation contracts are put in place. Identify “Cost out”, “Value in” and “Cash in” productivity projects opportunities. Lead Productivity, Value Preservation and Renovation projects execution with Vendors, Initiative Management, Supply Chain Packaging, Quality and Planning. Report and track Productivity projects in appropriate systems and forums.

 

Support to Operations

Manage procurement related claims/issues and escalate to IPM leadership and/or category management as appropriate. Implement actions to minimize materials inventory and obsolescence (notably through OQ set-up). Support Business Continuity Plan for all high-risk materials. Track and report CAPEX budget / Spend related to Productivity, Maintenance and Innovation projects on a Brand level. Track and report Savings results on a Brand level.

 

Leadership

Proactively engage stakeholders to provide high quality Procurement support for the business. Have an expert understanding of the business needs, the Supply Chain specific requirements & how to fulfil them. Influence decision making using product expertise, experience and supply base knowledge & leverage. Highlight risks with mitigation plans as well as opportunities with potential gains.

 

Business Partnering

Secure sharing of information and support for the local organisations and business units Promote good inter departmental relations & contribute to a professional & efficient department reputation.

 

REQUIRED EDUCATION AND EXPERIENCE

Profile and Education

Master’s degree or a bachelor’s degree with 3+ years’ experience in Procurement and/or sourcing related activities. Beauty industry experience with a minimum of two years is essential. High degree of fluency of English (written and oral) is required.

 

Key competencies and demonstrated Skills

Commercial mind set with extremely strong communication skills. Proven influencing, negotiation and presentation skills. Proactive & Hands on approach with a solid track record. Adaptable. Ability to create new ways of working.  Creative mindset that is excited and driven towards finding new opportunities. Strategic thinking balanced with speed to action. Strong analytical skills and project management capabilities. Team player attitude and constructive networker. Competent user of IT systems: MS Word, Excel, PowerPoint, SAP, Procurement E-Systems. A candidate with resilience will be important during fast changing turbulent times.

 

Location: Paris

Start Date:  ASAP