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Category Manager, Global Product Sourcing (Packaging)

Category: Strategic Sourcing

Position Type: Regular Full-Time

External ID: 13208

Location: Torrance, CA, United States

Date Posted: May 31, 2024

Hiring Range: 128,260.00 to 143,660.00 USD Annually

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Overview

THE ROLE:

TheCategory Manager, Global Product Sourcingwillbe responsible formanagingglobal categories of direct spend across all regions (Americas, Europe, India,Chinaand Asia Pacific). As the corporate expert for specific globalpackagingdirect categories, this person will be the point person for supplier communication, pricing, contracts,and strategic commodity supply decision making.The individual selected for this position will lead cross-functional teams and projects for 2-3 global categories to maximize total value, generate supply-chain efficiencies, manage the relationships with strategic supplier partners and introduce supplier innovation and technologies across all Herbalife business units.

In addition, this role will be expected toutilizehis/her knowledgeto enhance andleverageHerbalife's buying power to source materialsrequiredfor Herbalife's products at a competitive rate and streamline material use across key finished goods suppliers.

HOW YOU WOULD CONTRIBUTE:

• Lead global cross-functionalpackagingfocusedteamson integrating andoptimizingthe global supply chain for complexcategoriesor commodity groups across world-wide locations.

• Drive long term strategies for global, cross-functional teams to generate supply chain improvement and efficiencies throughtheoptimization of processes, designs,materials,and suppliers.

• Reducecoston a regular basis and be accountable forrealizing $500M - $1MM in related cost savings or cost avoidance per calendar year.

• Develop global business plans and multi-year strategies with key strategic supplier partners to foster product and supply chain innovation and proactively introducenew technologiesutilizingkey global partners and prospects’ full capabilities.

• Support Research & Development through conceptualization and development of new products by providingformulacomponentcosting, commodityexpertiseand supply chain risk assessments.

• Negotiate and executes supply agreements with favorable terms to Herbalife.

• Track market conditions for key commodities and work proactively with suppliers and with finishedgoods manufacturers to minimize potential cost increases and realize potential cost savings.

• Access and engage executive level contacts at suppliers garnering support for mutual global supply chain initiatives andobjectives.

• Lead two-way communication with suppliers in globalcategoriesto ensure challenges and issues receiveappropriate responseand resolution.

• Conductthesupplier segmentation process and negotiate global alignment toleveragespend within the multi-year global commodity strategy.

• Close partnershipwith Packaging Engineering, ESG, Quality,R&D,Marketing,CI,and Operations.

WHAT’S SPECIAL ABOUT THE TEAM:

The Global Product Sourcing team is newly rebranded and reorganized toleverageglobal category management and categoryexpertise. Working with a team of over 50+ Direct Sourcing colleagues around the world, the team is focused toidentifythe best opportunity to source for any region, delivering incremental value and external innovation back to the brand and customer. With true global sourcing scale and responsibility, we concentrate tosyncprocess and encourage regular collaboration to source the best Products at a global scale.

Qualifications

SKILLS AND BACKGROUND REQUIRED TO BE SUCCESSFUL:

• 7years ofpurchasingand procurement experience, of which at least2years is specifically in sourcing or category management.

• Experience working in a fast-paced environmentmanagingmultiple projects concurrently.

• Demonstrated record of exceeding goals in cost savings and supplier performance.

• Experience working in an environment where Sourcing is an influencer rather than a decision maker.

• Strong understanding of Sourcing best practices and strategies to execute opportunities for cost savings, risk mitigation and innovation.

• Strong strategic and analytical skills to develop complex, multi-year strategic business plans for innovation in globalcategories.

• Well-developed understanding of contract development and negotiation.

EDUCATION

• B.S. Degree in Business, Accounting, Finance, Supply Chain Management or related field

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At Herbalife, we value doing what’s right. We are proud to be an equal opportunity employer, making decisions without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected characteristic. We value diversity, strive for inclusivity, and believe the differences among our teammates is a key contributor to Herbalife’s ongoing success.

Herbalife offers a variety of benefits to eligible employees in the U.S. (limited to the 50 States and the District of Columbia), which includes Group Health Programs, other Voluntary Benefit Programs, and Paid Time Off. Group Health Programs include Medical, Dental, Vision, Health Savings Account (HSA), Flexible Spending Accounts (FSA), Basic Life/AD&D; Short-Term and Long-Term Disability and an Employee Assistance Program (EAP).

Other Voluntary Benefit Programs include a 401(k) plan, Wellness Incentive Program, Employee Stock Purchase Plan (ESPP), Supplemental Life/Critical Illness/Hospitalization/Accident Insurance, and Pet Insurance. Paid time off includes Company-observed U.S. Holidays, Floating Holidays, Vacation, Sick Time, a Volunteer Program, Paid Maternity and Paternity Leave, Bereavement Leave, Personal Leave and time off for voting.

If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please email your request to

talentacquisition@herbalife.com

.

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