Procurement Manager - 3rd Party Manufacturing

Global 3PM Procurement Lead - 3rd Party Manufacturing £48,000 per annum Liverpool (Hybrid) Initial 6 Month Assignment Our client is looking for an experienced Procurement Manager – 3rd Party Manufacturing (3PM) who has a strong growth mindset and a can-do approach to doing what it takes to win. Managing a spend of c€50M we are looking for someone who thrives in balancing cost, service, innovation & partnerships with the ambition to deliver a substantial step up in profitable growth of the current perimeter. As the Procurement Manager – 3PM, you will play a role in developing 3PM sourcing strategy, supporting innovation programs, supply chain network optimisation and contract execution. This end-to-end role will be responsible for creating the right contractual & relationship framework which delivers on – ongoing competitive costs, service, innovation & sustainability priorities of the business and brands.

Key Responsibilities:

• Part of the procurement team with overall responsibility for specific 3PM relationships, supporting innovation, supply chain network optimisation and contract execution.
• Responsible for ensuring the right contractual framework to deliver on the priorities and ongoing performance KPIs.
• Costs: Forecasts & cost visibility owns the cost delivery against annual budget. Ensures ongoing cost competitiveness, creates and delivers on a savings funnel in line with annual targets. Tracks key commodities and develops and executes a cover policy including hedging where relevant.
• Manages and controls investments on moulds and other tooling required for bottles, caps, cans, labels provided by the 3PM in liaison with the packaging procurement team etc.
• Works closely with partners and internal teams to deliver on the innovation priorities.
• Working capital: Delivers on the working capital and cash generation priorities of the business by driving efficiencies on stocks and payment terms.
• Service: Collaborates with 3PM team to ensure right stocking principles are followed by 3PM on raw & pack materials. Intervenes to resolve short term service issues.
• Sustainability: helps to create and deliver on the sustainability vision on finished goods in line with the broader business vision.
• Partners with cross functional teams in a global setup and any supply chain network optimisation to deliver on the objectives and priorities.

Requirements:

• Bachelor’s Degree from an accredited college or university, preferably in business, finance, or supply chain management.
• 5+ years of experience in procurement, preferable with focus on Contract Manufacturing.
• Having managed 3PM relationship for beauty and personal care products will be an added advantage.
• Understanding of key 3PM suppliers, costing principles, open-book costing, sustainability and incorporation of recycled content in pack material.
• Able to demonstrate analytical and conceptual problem-solving ability; excellent oral and written communication skills, including presentation skills.
• Able to demonstrate the ability to multi-task, meet tight deadlines and work under pressure with autonomy.
• Be able to effectively lead and engage cross functional global teams and a willingness to take responsibility and accountability.
• Be a self-starter with the ability to deliver results in a lean, agile organisation and be able to adapt to changing priorities.