Manager Procurement, EM NPD & Innovation
Role reports to:
Procurement Director Beauty Innovation
Location:
North America, United States, New Jersey, Summit
Work Location:
Hybrid
What you will do
Manages the day-to-day operational, functional and personnel activities of the department. Proposes and provides input to purchasing policies, procedures and performance standards. Conducts department internal audits and implements remedies to achieve conformance with department policieThe Manager Procurement, EM New Product Development and Innovation is responsible for leading innovation projects, executing procurement strategies and managing supplier relationships within the Operations function. You will oversee the sourcing and purchasing of materials to support product development and innovation in the skin heath & beauty industry:
Key Responsibilities
- Lead the implementation of innovative procurement strategies for new product development in the Skin Health and Beauty brands in line with the strategic recommendations from the global EM procurement category team
- Liaise with EM procurement category team to influence and execute category strategies at both the global and regional level
- Collaborate with cross-functional teams to drive creativity and innovation in the procurement process
- Gain expert understanding of brand needs and innovation territories for Skin Health and Beauty
- Gain proficiency in ERP systems and update prices, material and vendor data on a regular basis
- Identify and evaluate new suppliers and technologies to support the development of cutting-edge products
- Drive cost savings, unlock cash and fuel efficiency through creative negotiation strategies and supplier partnerships
- Stay current on industry trends and market developments to inform procurement decisions
- Manage the procurement budget for NPD projects, optimize value, and understand unit cost drivers without compromising on quality
- Analyze market trends and pricing to identify opportunities for cost savings and product quality improvements
- Lead negotiations with suppliers to secure favorable contracts for key initiatives
- Provide input to departmental objectives and communicate objectives to teammates for performance monitoring
- Conduct internal audits to identify areas for improvement and implement corrective actions
- Stay updated on new technologies and industry best practices to enhance procurement efficiency
- Provide constructive feedback and individualized coaching to junior members of the NPD team
What we are looking for
Required Qualifications
- Bachelor's degree in Business, Supply Chain Management, or related field
- Minimum of 7 years of experience in procurement, with a focus on new product development in the personal care industry
- Comfort in managing complex data and gleaning insights to create regular presentations and updates for leadership
- Strong negotiation skills and ability to build strong relationships with suppliers
Desired Qualifications
- Proven track record of driving innovation and creativity in procurement processes
- Excellent communication and collaboration skills to work effectively with cross-functional teams
- Experience in developing and implementing purchasing policies and procedures
- Knowledge of market trends and pricing analysis
- Experience in contract management
What’s in it for you
Annual base salary for new hires in this position ranges:
$124,100.00 - $175,200.00
This takes into account a number of factors including work location, the candidate’s skills, experience, education level & other job-related factors.
Competitive Benefit Package*
Paid Company Holidays, Paid Vacation, Volunteer Time & More!
Learning & Development Opportunities
Kenvuer Impact Networks
This list could vary based on location/region
*Note: Total Rewards at Kenvue include salary, bonus (if applicable) and benefits. Your Talent Access Partner will be able to share more about our total rewards offerings and the specific salary range for the relevant location(s) during the recruitment & hiring process.
