Category Manager Investments (Assets & Machinery)
We are currently seeking a skilled Category Manager to develop and execute sourcing strategies for global capital expenditures.
Key Responsibilities:
1. Category Management:
* Develop and implement category strategies for Capex that align with the company's objectives
* Conduct market analysis to identify trends, opportunities, and potential risks in Capex purchases
* Maintain an up-to-date understanding of market conditions, supply base, and emerging technologies
2. Sourcing and Procurement:
* Lead E2E procurement processes for Capex including tendering, negotiating, and contract management
* Collaborate with internal stakeholders to understand project requirements and ensure procurement strategies meet business needs
* Develop a supplier base that supports the company's growth, quality, and innovation objectives
* Manage supplier performance, conducting regular reviews and addressing any issues/concerns
3. Contract Management:
* Draft, review, and negotiate contracts for Capex to ensure favorable terms and conditions
* Ensure all contracts comply with company policies, legal requirements, and risk management standards
* Monitor contract performance and compliance, managing any changes or renewals as necessary
4. Cost Management:
* Drive cost reduction initiatives while maintaining quality and service levels
* Develop total cost of ownership (TCO) models to evaluate and optimize procurement decisions
* Monitor and report on cost savings achieved and projected against targets
5. Risk Management:
* Identify and mitigate risks associated with Capex procurement, including supply chain disruptions, financial instability, and compliance issues
* Develop contingency plans and ensure supply continuity for critical projects
6. Stakeholder Engagement:
* Work closely with local procurement teams, engineering, finance, operations, and project management teams to align procurement activities with project timelines and budget constraints
* Provide regular updates and reports to senior management on procurement activities, category strategies, and market developments
7. Continuous Improvement:
* Implement best practices in procurement processes and contribute to continuous improvement of the function
* Keep abreast of industry best practices and innovations in Capex procurement management