Associate Sourcing Manager (Tarrytown, NY)
Tarrytown, NY
Full Time
PB
Entry Level
Associate Sourcing Manager
Prestige Consumer Healthcare is a company that focuses on product innovation and quality in the over-the-counter healthcare and women’s health categories to better improve the lives of our customers and their world. For generations, our trusted brands have helped consumers care for themselves and their loved ones. We are the largest independent provider of over-the-counter products in North America, and we are constantly improving and creating products that match the ever-changing lifestyles and needs of people and families everywhere.
JOB SUMMARY:
ASM’s main objective is to lead / assist with optimizing End-to-End supply chain cost while ensuring best in class supply performance that meets or exceeds the overall corporate objectives [i.e. cost optimization, inventory reduction, efficiency improvement, innovation enablement, supply flexibility, lead time reduction, etc.]. ASM focuses on developing, planning and executing strategic sourcing initiatives that would uncover and enable best-in-class value creation opportunities. ASM also collaborates seamlessly with NPD, marketing and other cross functional teams in support of new product development and introduction initiatives. As a key commercial relationship owner with our contract manufacturing organizations (CMO), he/she drives strategic supply partnerships with assigned suppliers. He/she works closely with demand/supply planning teams and corresponding suppliers to ensure supplier’s on-time/in-full (OTIF) goals are met. ASM plays a main role in collecting, analyzing and reporting of supplier performance data as well as monitoring departmental Key Performance Indicator metrics. ASM will provide data analytical support for senior management as on needed basis.
In short, ASM helps the supply chain to operate in a way that allows PCH to provide exceptional service with minimal costs and without unnecessary delays or complications.
As a member of PCH’s strategic sourcing team, this position will.
MAJOR RESPONSIBILITIES/ACTIVITIES:
Travel: 5% ability to travel via car, plane, rail.
LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
MATHEMATICAL SKILLS:
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
REASONING ABILITY:
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
No Sponsorship: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
#HybridWork: We follow a Hybrid work schedule. All applicants must be able to work in our Tarrytown office Tues/Wed/Thurs (remote on Mon/Fri).
Salary range: $100K to $110K
Work Hours: 40 hours per week.
Prestige Consumer Healthcare is a company that focuses on product innovation and quality in the over-the-counter healthcare and women’s health categories to better improve the lives of our customers and their world. For generations, our trusted brands have helped consumers care for themselves and their loved ones. We are the largest independent provider of over-the-counter products in North America, and we are constantly improving and creating products that match the ever-changing lifestyles and needs of people and families everywhere.
JOB SUMMARY:
ASM’s main objective is to lead / assist with optimizing End-to-End supply chain cost while ensuring best in class supply performance that meets or exceeds the overall corporate objectives [i.e. cost optimization, inventory reduction, efficiency improvement, innovation enablement, supply flexibility, lead time reduction, etc.]. ASM focuses on developing, planning and executing strategic sourcing initiatives that would uncover and enable best-in-class value creation opportunities. ASM also collaborates seamlessly with NPD, marketing and other cross functional teams in support of new product development and introduction initiatives. As a key commercial relationship owner with our contract manufacturing organizations (CMO), he/she drives strategic supply partnerships with assigned suppliers. He/she works closely with demand/supply planning teams and corresponding suppliers to ensure supplier’s on-time/in-full (OTIF) goals are met. ASM plays a main role in collecting, analyzing and reporting of supplier performance data as well as monitoring departmental Key Performance Indicator metrics. ASM will provide data analytical support for senior management as on needed basis.
In short, ASM helps the supply chain to operate in a way that allows PCH to provide exceptional service with minimal costs and without unnecessary delays or complications.
As a member of PCH’s strategic sourcing team, this position will.
- Drive identification, execution and realization of supply chain improvement and cost optimization opportunities
- Directly manage and support Contract Manufacturing Organization (CMO) network.
- Developing and managing relationships with key assigned suppliers
- Providing spend and CMO OTIF performance data analytics and report creation support
- Collaborate with cross functional teams for on-time delivery of new product ideas & launches
- Proactively manage risk via execution of appropriate mitigation strategies
- Participate in the annual business planning process and coordinate with finance and other support functions to establish sound COGS plan
MAJOR RESPONSIBILITIES/ACTIVITIES:
- Lead spend and supplier performance data analytics (data collection, analysis and reporting)
- Lead and manage supply chain cost optimization projects and ideas - such as cost reduction, lead time reduction, capacity analysis, innovation enablement, etc.
- Initiate and manage supplier benchmarking events. Efforts may include managing RFx (RFI, RFP, RFQ, RFS), timeline management and feasibility assessments.
- Lead development of cost models,
- Prepare market intelligence and supply trends, and other continuous improvement initiatives
- Works with and assists cross-functional teams to support new product launches and product transfers.
- Assist / lead the supplier relationship management process for assigned suppliers / categories
- Coordinate with all supply chain functions – NPD, quality, planning, marketing, finance, engineering, legal, etc. – in support of on-going and new business initiatives
- Report generation (Some examples):
- Monthly spend reports
- Monthly PPV reports, reconciliation vs. savings tracker, alerts
- Monthly supplier KPI score cards (monthly & quarterly)
- Monthly or Quarterly preparation of Deck for supplier meetings (i.e. QBRs, monthly touch points, issue resolution, etc.)
- Input cost / index cost / external economic factor reports (leveraging outside expert services like Beroe)
- Should cost model build and maintenance (leveraging outside expert services like Beroe)
- Legal Agreements:
- Maintain supply agreement database for assigned suppliers
- Lead or Work with sourcing manager(s), as needed, to support / lead contract renewals, amendments, negotiations
- Support COGS & APO optimization
- Manage PIR process in SAP for assigned categories / brands
- Manage PIR process in SAP for assigned portfolio of products / brands
- Back up sourcing managers for all SAP related tasks
- Regulatory & Compliance
- Understand the relevant cGMP regulations and PCH quality standards that apply to our product portfolio of OTC monograph, NDA, Dietary supplement, and medical device products
- Translate these in practical ways in evaluation of potential suppliers
- Brand champion
- Own and manage assigned brands with guidance from the senior management / leadership
- Bachelor’s degree and 3-5+ years of supply chain experience
- Excellent analytical & managerial skills
- Strong attention to details
- Self-starter: ability to work independently without close supervision
- Ability to work will in a dynamic, fast paced team environment
- Balances multiple and competing priorities, and executes accordingly
- Excellent interpersonal and communication skills
- Data analytical skillset
- Attention to details so ensure data accuracy and completeness
- Problem-solving skills
- Decision-making skills
- Communication skills
- Negotiation skills
- Willingness and openness to acquire other appropriate skill set as required by the business
- Capacity to learn and flexibility to adapt
Travel: 5% ability to travel via car, plane, rail.
LANGUAGE SKILLS:
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
MATHEMATICAL SKILLS:
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume. Ability to apply concepts of basic algebra and geometry.
REASONING ABILITY:
Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is regularly required to sit. The employee frequently is required to talk or hear. The employee is occasionally required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and ability to adjust focus.
WORK ENVIRONMENT:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
The noise level in the work environment is usually moderate.
No Sponsorship: Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
#HybridWork: We follow a Hybrid work schedule. All applicants must be able to work in our Tarrytown office Tues/Wed/Thurs (remote on Mon/Fri).
Salary range: $100K to $110K
Work Hours: 40 hours per week.
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