You are responsible for developing and executing a Category sourcing strategy for your respective category that will deliver best procurement value and mitigate supply risks. You will establish a distinctive competency and understanding of the category characteristics, The Company's business needs and the prevailing market dynamics. You manage a team of commodity managers and sourcing specialists to ensure your category team delivers the strategy whilst ensuring a healthy relationship with the business and suppliers. As Category Director you will manage a category spend of R 5bn+
What You Will Do
- Responsible for the formulation of the long-term Category strategy and planning that provides an operating framework for the category team.
- Oversee and evolve the category team's commodity sourcing strategies by factoring fundamentals, macro-economic and supply market developments and changes in business priorities.
- Ensure that sourcing strategies safeguard security of supply through contingencies and supply alternatives.
- Oversee major strategic sourcing projects that deliver total cost of ownership savings by either leading cross functional sourcing teams or guiding commodity managers
- Ensure that the category's supply market intelligence, value chain and should cost models are accurate and oversee the provision of budgetary input and quarterly cost forecasts to business.
- Apply supply management principles that build constructive relationships with suppliers, and business.
- Participate in engagements with relevant category industry bodies and regulatory bodies to optimize Tiger's position.
- Lead supply management with selected Strategic and Critical suppliers (negotiations, reviews, contracting).
Key Professional Competencies
- Core knowledge -Strategic sourcing, Procurement systems, Supplier relationship management, Cost management & Zero Based Budgeting, Supply Chain collaboration, Business P&L's
- Academic -Financial acumen, Commercial acumen, Project Management, Problem solving, Decision making
- Leadership
- Managing Change, Taking the Tiger perspective, Influencing others, Driving long-term results, Developing myself & others
- Personal Effectiveness -Effective communication, Interpersonal skills, Integrity, Creativity, Continuous learning
- Function
- 8 to 10 years experience procurement
- Industry
- Extensive Experience in FMCG industry
- Work with the CPO to develop a clear and aligned Category strategy for the responsible category that includes value delivery, supplier development, Risk Mitigation and business continuity management.
- Drive improved procurement processes and efficiency improvements for the category to achieve world class procurement standards and capability in team.
- Development and implementation of go to market strategies to maximize the value delivered for Tiger brands.
- Compile procurement mandates and motivations for approval of contract awards to CFO and EXCO level.
- Develop value chain and should cost model analysis
- Review and report on category performance (Cost Forecasts, Savings, BEE, Risk Mitigation) and ensure compliance with Procurements policies and procedures
- Manage the category team ensuring that performance goals and talent development objectives are achieved
- Develop and grow team talent4
- Savings as % of spend
- Managed spend as % of total category spend
- Category Supplier Service levels
- Creditors Days for managed spend
- BEE Spend Targets
- % Category contract coverage
- Approved Category and Commodity Strategies
- Supplier performance level
- SRM and supplier innovation
- Category Insights
- Retail Buying
- ingredients
- Market analysis
- Tactical Planning
- Buying Management
- Pricing management
- Retail Trade
- Buying
- Consumer Insights
- Trade Marketing
- Product Launches
- Range Management
- Category Management
- Market segmentation
- Budget Planning
- Merchandise Planning
- Supply Chain Development
- Competitor analysis
- Pricing Strategy
- More than 10 years
- Degree