NewMarket Corporation

Category Manager

NewMarket Corporation$90K — $120K *
Manufacturing & Automotive
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business, Economics, Math, Chemistry or related field
  • 7+ years of relevant experience in procurement or sales
  • Strong communication, negotiation, and organizational skills
  • Experience in the petroleum additive, lubricant or chemical industry is preferred
  • Certified Professional in Supply Management (CPSM) or similar certification is a plus

Responsibilities

  • Develop and manage supplier relationships, optimizing pricing and supply conditions
  • Analyze market factors influencing availability and pricing of materials
  • Identify and select sources for raw materials and innovative technologies
  • Prepare long-term sourcing strategies aligned with business goals
  • Maintain volume and price forecasts for supplier communication
  • Monitor quality and consistency of received materials and resolve issues
  • Collaborate with regional and global purchasing teams to maximize strategic initiatives

Benefits

  • Competitive compensation
  • Comprehensive benefit packages
  • Resources dedicated to employee rewards
  • Commitment to employee welfare and continuous improvement through best practices
Full Job Description
Overview

JOB SUMMARY:

Responsible for ensuring uninterrupted, cost effective supply of a portfolio of raw materials/goods & services necessary to support Afton business goals and operations including but not limited to production facilities, contract manufacturing facilities, resale operations, R&D facilities and corporate departments. Position is typically responsible for more than $50MM in annual spend with a number of high volume business critical materials, products or services. Generally the % of strategic procurement vs. tactical procurement will increase to 60% in this role. Typically works under direction and guidance.

Responsibilities

  1. Develop and manage supplier relationships to negotiate and maintain price and supply conditions ensuring commercial terms are optimized, supply maintained, contracts implemented and managed as appropriate and SAP data maintained.
  2. Develop an understanding of the market for the raw materials, products and services purchased and identify the factors which influence availability and pricing (know the buy) ensuring that significant market changes are anticipated, managed and communicated.
  3. Identify and select source(s) of assigned raw materials, products and services. Work with the supplier base to identify new sources within existing portfolio and new technologies which may bring advantage to Afton, sponsoring and supporting approvals as appropriate.
  4. Prepare, maintain and communicate long term sourcing strategies to support the Long Range Plan (LRP) both within region and at a global level as appropriate to ensure raw material, products and services availability and economics are communicated to and support the needs of the business.
  5. Develop and maintain forecasts (volume and price) for use with suppliers and for communication within Afton including the Annual Operating Plan (AOP) process.
  6. Monitor quality and consistency of raw materials, products and services used via the SCS (Supplier Care System) to record quality issues/resolutions. Consult with Process Technology, R&D and Manufacturing and other departments as required, investigating and resolving quality issues quickly and effectively.
  7. Collaborate with other Afton purchasing team members on a regional and global basis to identify synergies that will ensure maximization of strategic purchasing initiatives.
  8. Employ strategies as appropriate to ensure business continuity objectives are met.
  9. Consult with Business Group, R&D, Manufacturing and Process Technology to provide information regarding competitive challenges, potential entrants, pricing initiatives and quality, service, price and distribution issues.


Qualifications

EDUCATION & EXPERIENCE MINIMUMS:
  • Bachelor's Degree or equivalent in Business, Economics, Math, Chemistry or related field
  • Demonstrated strong communication, negotiation and organizational skills typically acquired through 7 or more years of relevant or related experience
  • Procurement or directly relevant sales experience

EDUCATION & EXPERIENCE PREFERRED:
  • Advanced degree (Masters or MBA)
  • Work experience in the petroleum additive, lubricant or chemical industry
  • Certified Professional in Supply Management (CPSM) or similar certification (e.g. CIPS)


For NewMarket, Afton or Ethyl employees, an appropriate combination of experiences that will support the required skill base may replace one or more of the specific experience requirements above.

SKILLS/ABILITIES:
  • High personal credibility and ethics
  • Demonstrated understanding and knowledge of market economics, cost drivers, value chains etc. (ideally within the chemical industry)
  • Able to manage conflicting and rapidly changing priorities prioritize effectively and deliver to deadlines
  • Effective negotiation facilitation and conflict management skills.
  • Self-starter with strong business acumen and the ability to link business goals and market trends to make sound procurement decisions.
  • Excellent interpersonal and communication skills with a demonstrated ability to lead through influence and build consensus.
  • Strong strategic and analytic approach to procurement with knowledge of strategic sourcing principles and practices.
  • Broad knowledge of the principles of contract writing and management.
  • Demonstrated computer literacy with regard to Afton's routine applications.
  • Team-oriented leadership dedicated to continuous improvement, maximizing productivity and effectiveness in the organization, and promoting best practices.
  • Effective listening skills.

Benefits / Compensation - We offer competitive compensation and benefit packages that reflect our commitment to our employees. Our employees are our most treasured asset and we have dedicated resources that allow us to reward our employees for their commitment on an ongoing basis - ensuring our compensation packages are competitive in the industry.

About NewMarket Corporation

NewMarket Corporation is a manufacturer of specialty chemicals. The company's products are used in the petroleum, plastics, and pharmaceutical industries. NewMarket Corporation was founded in 1887 and is headquartered in Richmond, Virginia. The company has operations in the United States, Europe, Asia, and Latin America.
Learn more about NewMarket Corporation
Size
2,104 employees
Market Cap
$3 billion
Industry
Net Income
$270.5 million
Founded
2004
5 Year Trend
+2.8%
Revenue
$2 billion
NASDAQ

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