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The Estée Lauder Companies Inc. · 16 hours ago

Director, Direct Procurement

New York, United States

Full-time

Onsite

Director/Executive

7+ years exp

The Estée Lauder Companies Inc. is one of the world’s leading manufacturers, marketers, and sellers of quality skin care, makeup, fragrance, and hair care products. They are seeking a Director of Direct Procurement to develop and oversee the financial strategy for direct procurement, manage budgets, and provide in-depth financial analysis related to procurement activities.

Cosmetics

Responsibilities

Finance lead for Direct Procurement – develop and oversee the financial strategy for direct procurement, including budgeting, forecasting, and financial planning

Partner with Direct Procurement team on development of strategy to drive year over year Cost Savings

Prepare and communicate the Long-Range Plan (LRP) and annual savings targets

Manage the procurement budget and estimate departmental expenses. Review capital projects for compliance with Corporate Capital Control Policies and for adequate clarity of justification and reviews to ensure delivery of ROI

Provide in-depth financial analysis and reporting related to direct procurement activities including tracking and analyzing procurement costs, supplier performance, and market trends

Oversee direct materials spend. Monitor and analyze procurement costs and identify opportunities for cost savings and process improvements

Review PPV and Production Variances globally. Conduct analysis regarding the need for cost changes and ensure rollout as needed. Support Direct Procurement team savings projects via monitoring of savings vs targeted opportunity by project and communicate results monthly/quarterly

Drive Inbound Transportation standardized efficient closing practices on a global basis. Support Inbound Transportation savings projects through tracking of savings initiatives vs target and communicating results on monthly/quarterly basis

Ensure consistency of reporting savings vs. added value (cost avoidances, NPL etc). Drive enhanced TPM and dTPM reporting to provide actionable insights across the Manufacturing landscape

Monitor third-party partners’ expenses, invoicing, and savings to ensure alignment with contracted savings delivery

Qualification

Direct procurement processesCost optimization strategiesBudget managementFinancial analysisTransportation logisticsBusiness partneringInfluencing skillsComfort with ambiguityPresentation skillsLeadershipIndependent work