Purchasing Analyst II - El Segundo, United States - Cogent Infotech Corporation

Description

Job Description

Job Description


Job Description:

1. Partner with cross-functional stakeholders to flawlessly execute product launches

Supplier selection and management - from pre-assessment to implementation based on leadtime, pricing, reliability, and quality as aligned with category team.

Timely managed quoting process, providing most optimal possible costs first time via RFQ process;
Partner with development and supply chain teams to ensure proper design and servicing parameters are set-up / delivered;
Ensure proper implementation support, pro-activity addressing potential lead-time and capacity issues;
Track & report projects progress and support launches from conception to shipment;
Archive required e-mails/documentation to track RFQ and Business Award aligning with L'Oreal requirements;
Actively work on benchmark activities such as tooling capacity, supplier capacity, safety stock assessment, leadtime agility as examples.


2. Prepare major highlights, results and business needs to internal stakeholders
Prepare key financial performance updates (PPV, Trend, Pre-Budget & Budget);
Provide the category and cross-regional teams with needs and priorities for strategies construction, effectively and efficiently communicating anything that can impact the overall relationship with the suppliers (SRM);

Share product supply / supply base strategy and purchasing driven results (savings projects, PPV, Trend, etc...) with brands and other key internal stakeholders.

Align with operations team to drive process improvement exercises to improve efficiency in ways of working for NYX by integrating L'Oreal processes.

3. Manage all aspects of supplier's operational and financial performance
Pricing for Ongoing and launch SKUs
Validate all new/updated pricing for suppliers managed;
Own and update ADA (SAP) with new/updated pricing and corresponding parameters (Incoterms, MOQ, currency, payment terms, freight, duties, etc.);
ADA new code management – Monitor, prioritize and input;
Oversee vendor relationships to ensure optimal cost, quality, safety, yield, timeliness and identify opportunities to maximize value from the vendor relationships;
Support the resolution of invoices and payment discrepancies with internal stakeholders and suppliers;
Contribute to the development and evolution of tools to improve efficiency and accuracy of these processes;
Manage tooling PO request and track progress.

Issues management and risk mitigation
Provide timely / actionable information for corrective actions to be taken where necessary to both the suppliers and stakeholders;
Drive solution for crisis management with suppliers and stakeholders.
Competencies


Strategic vision:
Embraces complexity and anticipates what is needed;
Always has the big picture in mind;
Welcome change and support constant improvement in ways of working.


Ambition:
Displays a desire to broaden responsibilities;
Constantly seeks to learn and progress; enjoys and performs well under first time conditions.


Judgement:
Has a feel for timing;
Self-aware;
Adheres to the L'Oréal ethical principles and acts;
Has ability to anticipate potential issues;
Fosters cooperation and collaboration and knows how to gain from cross-functional interfaces.


Leadership:
Persuades and gains support;
Takes ownership of responsibility and accountability.


Qualifications and Educational Background:

• Bachelor's degree required in Finance/Engineering/Supply Chain or similar discipline;
• Purchasing experience a plus;
• High degree of financial and analytical aptitude a must;
• Strong Excel skills;
• Excellent oral and written communication skills with ability to handle various situations, multiple priorities, changing business needs as well as the diverse personalities within L'Oréal and the supplier community.

Company DescriptionAt Cogent, we are dedicated to pushing the boundaries of our expertise to set new industry standards.

Through continuous refinement of our processes and broadening our services to meet evolving needs across industries, we provide effective, future-forward and comprehensive solutions.

Company Description

At Cogent, we are dedicated to pushing the boundaries of our expertise to set new industry standards.

Through continuous refinement of our processes and broadening our services to meet evolving needs across industries, we provide effective, future-forward and comprehensive solutions.