New Product Development & Operations Buyer Philosophy at Coty

NEW PRODUCT DEVELOPMENT & OPERATIONS BUYER - PHILOSOPHYPROCUREMENT NEW YORK NEW YORKCOTY is looking for smart leaders who are fast and passionate. The IPM buyer is a brand dedicated role that serves as the procurement partner on new initiative product development. Coty provides a multi-cultural working environment with exposure to many cross-functional partners. IPM buyers are driven by agility analytical & proactive thinking and collaborative innovation.RESPONSIBILITIESAs our IPM Buyer you are responsible for new product development & base business procurement support.The IPM buyer manages end to end sourcing on new products through close collaboration with cross-functional partners on their dedicated brand. IPM helps to support brand base business by implementing sourcing strategies and MVA opportunities. The IPM buyer is the face of Procurement for internal stakeholders and has full understanding of brand needs sourcing strategy and industry knowledge.Your focus:Product InnovationWork closely with cross functional team (technical departments Initiative Management and Marketing) to understand the key upcoming launches and business needsProvide sourcing solutions that comply to our sustainability roadmap sourcing strategy brand vision and meet financial targets Work on projects in pipeline with end-to-end scope from initiation to execution having a critical eye on cost positioning specifications volume and timing.Proactively propose opportunities to increase profit & deliver bottom line savings. Keep track of cost out opportunities to be implemented in Y2/Y3.Ensure continuous connection with Procurement Categories to share Brand vision on Business needsCommunication liaison between external partners and internal cross-functional brand partners Procurement ProductivityAlign on sourcing panels manage tenders analyse bids propose supplier selection with appropriate justification & ensure award process is fully met.Confirm right MOQ and cost per project and keep track of adherence during the fiscal year.Identify Sustainability Cost out/Value in and Cash in productivity projects opportunities.Report and track Productivity projects in appropriate systems forums and costing/budgeting exercises.Support to OperationsManage procurement related claims/issues for your brand as main point of contact; escalate to IPM leadership and/or category management as appropriate.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 levelTrack and report savings results on a brand levelImplement actions to minimize material inventory and obsolescence (notably through OQ set-up).LeadershipProactively engage stakeholders to provide high quality procurement support for the businessHave 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 PartneringSecure sharing of information and support for the local organisations and business unitsPromote good inter-departmental relations & contribute to a professional efficient department reputation.Working for Coty meansour people make us who we are. They are the brightest minds bringing innovative concepts to life. If youre someone unwilling to settle likes to envision larger possibilities accelerate learning and push boundaries wed love to hear from you! Working at Coty means being part of an inclusive workplace committed to diversity and equity valuing diverse perspectives and backgrounds. Your ideas will count fostering a career where you can achieve more than you ever imagined.The role requires IPM buyer to work closely together with several departments such as category procurement initiative management R&D marketing planning and finance. All your colleagues are engaged analytic and action oriented to launch the best products on the market. QUALIFICATIONSWed love to see candidates who have:4 years of beauty industry experience in procurement functionUndergraduate degree requiredKey expected competencies and demonstrated skills:Cost management and analysis:Ability to manage product COGs budget and spendAbility to identify understand and explain cost driversAbility to provide cost driven solutions to hit project financial targets Manage negotiation with external suppliers Risk management:Identify risks in supply chain when making sourcing decisions Anticipate potential delays or roadblocks to implement mitigation plansMaintain critical eye on project timing Project managementPropose and define scope of project (saving/sustainability/value)Ensure alignment among cross-functional partners with clear communication Monitor progress ensure delivery and executionSolution Oriented mindset to troubleshoot during product development & execution OUR BENEFITSAs our IPM BUYER this is unique role with a genuine opportunity to make an impact. Youll get to work in a diverse environment with a team of professionals who are passionate about the work they do and know how to have some fun along the way. Cotys global omni-working policy provides the option to work up to 50% of your month remotely. We believe that a more flexible philosophy of remote working will give everyone the freedom to choose what works for their individual circumstances and empower them to always perform at their best.Base Salary Range: $Comprehensive health dental and vision coverageGenerous paid time off and holidaysSummer FridaysHybrid working scheduleRECRUITMENT PROCESSOur recruiter will contact you.A telephone/online introductory meeting follows.A first online/in-person interviewA second interviewYou will receive a proposal with the terms of employment.ABOUT COTYCoty is one of the worlds largest beauty companies with an iconic portfolio of brands across fragrance color cosmetics skincare and body care. At Coty we celebrate the entire human kaleidoscope and cultivate a culture of fearless kindness. Our people make us who we are. They are the brightest minds bringing the boldest ideas to life every youre the kind of person who refuses to settle if you want to think bigger learn faster and go further than you ever thought possible wed love to hear from you.Coty is deeply committed to creating a more open inclusive and diverse workplace where all employees can be their authentic self. Join us in making over the world of beauty!EQUAL EMPLOYMENT OPPORTUNITIES We offer equal employment opportunity to qualified individuals without regard to race religion color national origin age genderdisability sexual orientation gender identity gender expression marital status veteran status or any other characteristic protected by law. Coty complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. If reasonable accommodation is needed to participate in the job application or interview process to perform essential job functions and/or to receive other benefits and privileges of employment please contact . We strongly believe that cultivating a diverse workplace gives a company strength. The combination of unique skills abilities experiences and backgrounds creates an environment that produces extraordinary results. EOE Minorities/Females/Protected Veterans/Disabled.English - Please click on thislinkto review the Notification of Equal Opportunity Rights posterEspañol - Por favor haga unclicen el enlace para revisar el poster de la Ley de los Derechos de Igualdad de EmpeoFor additional information about Coty Inc. please visit Key Skills Joomla,Banking,C,Market Research,Bpcs Employment Type : Full Time Experience: years Vacancy: 1 Monthly Salary Salary: 90000 - 105000