L Catterton

Procurement Program Manager

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

Qualifications

  • Bachelor's degree in engineering, business management, supply chain management, or finance required.
  • 7-10 years of negotiation and buying experience, preferably in automotive or electronics.
  • 3+ years of preferred Program Management experience.
  • 5+ years leading international and cross-functional teams required.
  • Experience with IATF16949 quality standards and regulations is necessary.

Responsibilities

  • Act as the main Procurement liaison for New Product Development execution.
  • Lead communications within cross-functional product line teams.
  • Maintain a procurement roadmap to enhance product line profitability and efficiency.
  • Supervise and mentor a team of procurement professionals.
  • Identify risks and develop mitigation strategies for procurement activities.
  • Organize and direct the procurement team's contributions to new projects.
  • Track program deliverables such as sourcing and cost reporting.

Benefits

  • Healthcare and wellness benefits available.
  • Retirement savings plan with company match.
  • Professional development opportunities.
  • Flexible work environment with potential remote work options.
  • Paid time off and holiday leave.
Full Job Description
POSITION SUMMARY

The Manager of Procurement Programs will direct new program launches and product life cycle maintenance processes for the procurement department. This will be accomplished through the development of procurement project plans for new product launches, cost-down projects, and effective escalation/resourcing projects. The Procurement Program Manager will be the main stakeholder interface into and out of the procurement team and will be responsible for executing sourcing decisions and contracts created by the commodity teams.

CORE FUNCTIONS
  • Act as primary Procurement interface to cross-functional Product Line Teams working on execution of New Product Development Process (NPD) deliverables.
  • Lead procurement communications within the product line team (Product Line Management, Engineering, Commercial Management, Project Management and Operations Management).
  • Maintain a product line procurement roadmap to support:
    • Increases in product line profitability and achieve minimum targets.
    • Identification and execution of commodity strategy within the assigned product lines-consolidation and right sourcing.
    • Identification and execution of VA/VE improvement projects within the assigned product lines.
  • Responsible for leading a team of procurement professionals, which may include direct supervision, mentorship, performance review, and work prioritization and assignments.
  • Manage the procurement function within the ECR/PCR systems. Allocate and assign requirements within the procurement team as needed to achieve timely and transparent execution.
  • Identify potential risks and develop mitigation strategies to safeguard the company's interests.
  • Maintain supply chain value stream maps for existing and launching product.
  • Maintain product line capacity database for RT and OEM-owned assets.
  • Organize new product and new product potential projects. Effectively introduce and direct work within the procurement team to support project objectives-timing, quality and financial.
  • Provide program deliverable (e.g. sourcing, cost, PPAP, etc.) tracking and status reporting.
  • Support the performance escalation process as needed.
  • Lead process improvement initiatives to streamline procurement processes, enhance efficiency, and drive operational excellence.

QUALIFICATIONS & REQUIREMENTS

Education and Experience
  • Bachelor's degree required; preferred majors are engineering (electrical, mechanical), business management, supply chain management or finance.
  • 7 to 10 years of negotiation and buying experience in manufacturing environment required; preferably in automotive or electronics industries.
  • 3+ years of Program Management experience preferred.
  • Working experience in a multi-national company is preferred.
  • 5+ years effective experience leading international and cross functional teams required.
  • Experience in new program launch support activities is preferred.
  • Solid experience working with international procurement practices and regulation.
  • Experience of IATF16949 quality standards; quality techniques.
  • Experience MRO, capex and/or metal, plastic and rubber, and other electro-mechanical commodity market.

Licenses
  • Certification in procurement or supply chain management preferred.

Skills, Abilities, and Knowledge
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced environment and manage multiple priorities.
  • Strong proficiency in Excel and PowerPoint a must for competitive analysis, commodity market indexes and sourcing requirements.
  • Ability to respond to common inquiries from stakeholders.
  • Ability to understand contracts and negotiations to pricing strategies.
  • Ability to effectively present information to top management and public groups. Write, speak and comprehend English.
  • Ability to add, subtract, multiply, and divides in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute rate, & ratio.
  • Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.
  • Ability to negotiate (tactics, techniques, and strategies).
  • Ability to handle multiple tasks simultaneously.
  • Confidence to work independently.
  • Creative and excellent organizational and coordination skills.
  • Positive and team oriented.

Travel
  • Occasional travel may be required, roughly 25%.

SUPERVISOR RESPONSIBILITIES
  • Manager+: Plans, organizes, evaluates, and directs the employees within the department function. Has direct reports.

PHYSICAL REQUIREMENTS
  • This position is subject to sedentary work; exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects. Sedentary work involves sitting most of the time. Walking and standing are required only occasionally.

Physical Activities
  • This role may be subject to the following physical activities: walking, talking, and hearing.

Visual Acuity
  • The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures; transcribing; viewing a computer terminal; expansive reading; visual inspection involving small defects, small parts and/or operation of machines (including inspection); using measurement devices; and/or assembly of fabrication of parts at distances close to the eyes.

Working Conditions
  • The worker is subject to inside environmental conditions.

About L Catterton

L Catterton provides capital to companies to support acquisitions, management buyouts, recapitalizations, and turnarounds, as well as investment capital to support a company's continued growth and development. They consider investments across a number of targeted industry verticals within the consumer industry: food and beverage, retail and restaurants, consumer products and services, and media and marketing services. L Catterton was founded in 1989 and is headquartered in Greenwich, Connecticut.

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