What are the responsibilities and job description for the Analyst, Global Vendor Management position at LBrands?
Category management position responsible for the development of sourcing strategies across multiple primary and secondary raw material categories, providing strategic guidance over vendor management, evaluating new and evolving supply chain with focus on vendor capabilities/innovation, business award reviews and handle sourcing stage gate process. As an advisor to management and the vendor base, this role is responsible for supporting key business meetings, providing comprehensive business landscape across commodity categories, and representing Bath & Body Works sourcing in critical initiatives across categories. This team uses 80 vendors worldwide with approximately $800M in annual spend.
Responsibilities
Overall
Responsible for raw material category strategies ensuring cross functional alignment across the enterprise. Accountable for identifying gaps in vendor capabilities, innovation opportunities and trends in retail with focus on category objectives, business growth and strategy. Develops team to be subject-matter-experts in core categories, including the following:
- Raw Materials – Beauty/Personal Care
Category Management
- Develop & implement category & subcategory strategies that align supply base capabilities with business requirements
- Identify gaps and trends and lead the building of supply chain for new forms
- Develop and implement category & subcategory management strategies to optimize vendor performance
- Run Sourcing stage gate process and review business award decisions
- Track category cost drivers and forecast business impact of market trends
- Ensure that new business awards are aligned with category strategies and relevant business partners
- Review and validate 3rd party spend to ensure alignment to BBW strategy
Sourcing Execution and Vendor Management
- Ownership of strategic vendor relationship including new vendor onboarding process & completion
- Lead strategies for category & subcategory to improve vendor performance consistent with vendor scorecard metrics
- Responsible for supporting and negotiating the sourcing agreements and other vendor contracts
Key Projects
- Optimize ongoing vendor strategy tools, documentation and presentation materials
- Strategy management of assigned categories in raw materials
- Support and implement cost savings and cost increase avoidance strategies in support of value engineering initiatives
- Drive innovation & resolve feasibility as it relates to vendor base strategy, capabilities and developing global sourcing footprint
- Champion of Sourcing Excellence initiatives
Qualifications & Experience
- 3-5 years’ work experience in Purchasing, Operations Planning, and/or Strategic Sourcing positions preferred
- Experience in manufacturing and/or consumer goods/retail preferred
- Experience in beauty/personal care chemical markets preferred
- Acute eye for business and understanding of organizational issues and challenges with ability to influence the business at all levels
- System and computer proficiency
- Ability to work in a fast paced environment with demonstrated initiative and ability to achieve results.
- Ability to build and cultivate strong trusted advisor relationships with internal and external partners.
Education
- Bachelor's degree in Business / Engineering / Supply Chain Management / Logistics / Chemistry / Finance
- Master’s Degree in Finance, Supply Chain Management, related field or MBA preferred
Core Competencies
- Lead with Curiosity & Humility
- Build High Performing Teams for Today & Tomorrow
- Influence & Inspire with Vision & Purpose
- Observe, Engage & Connect
- Strive to Achieve Operational Excellence
- Deliver Business Results
Bath & Body works is proud to offer a competitive, performance-based compensation and benefits package to our eligible associates. Benefits include a merchandise discount, a no cost mental health and well-being program, health coverage with a variety of plans to choose from, and flexible and affordable saving programs. We also offer flexible scheduling and opportunities for paid time off. Visit bbwbenefits.com for details.
View Benefits Information
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws. Please see links: Los Angeles Fair Chance In Hiring Ordinance, Philadelphia Fair Chance Law, San Francisco Fair Chance Ordinance.
We are an equal opportunity and affirmative action employer. We do not make employment decisions based on an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status, pregnancy, genetic information, protected veteran status or any other legally protected status, and we comply with all laws concerning nondiscriminatory employment practices. We are committed to providing reasonable accommodations for associates and job applicants with disabilities. Our management team is dedicated to ensuring fulfillment of this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, associate activities and general treatment during employment. We only hire individuals authorized for employment in the United States.
Application window will close when all role(s) are filled.
Salary : $800
