New Product Launch & Operations Buyer

NEW PRODUCT LAUNCH & OPERATIONS BUYER

PROCUREMENT - NEW YORK, NY

COTY is looking for smart leaders who are fast and passionate.

The New Product Launch & Operations Buyer will be integrated into a multicultural and diverse team driven by agility and passion. On our role we lead procurement activities for designated brand, we bring new launches to reality together with cross functional team and support the base business to grant service and financials across the product life.

RESPONSIBILITIES

As our New Product Launch & Operations Buyer, you are responsible for new launches and base business procurement activities on execution.

Purpose of the role is to manage & be accountable for all end-to-end Procurement activities related to Innovation and Productivity projects within their brand, while supporting the implementation of the Global Category Sourcing strategy. The New Product Launch & Operations Buyer is the face of Procurement for internal stakeholders and has full understanding of brand needs, evolution and positioning.

Your main focus:

Product Innovation

• Work closely with cross functional team (technical department, Initiative Management and Marketing) to understand the key upcoming launches and its business needs.
• Ensure the procurement team is providing sourcing solutions that comply to our sustainability roadmap, sourcing strategy, fit the business need, are sensibly sourced and competitively priced, meeting financial targets.
• Work on projects in pipeline with end-to-end scope from initiation to execution, having a critical eye on cost positioning vs target cost, specifications, volume and sustainability.
• Proactively propose opportunities to increase profit & deliver bottom line savings. Keep track of “cost out” opportunities to be implemented in Y2/Y3.
• Ensure continuous connection with Procurement Categories to share Brand vision on Business needs.

Procurement Productivity

• Align on sourcing panels, manage tenders, analyse bids, propose supplier selection with appropriate justification & ensure award process is fully met.
• Confirm right MOQ and cost per project and keep track of adherence during the fiscal year.
• Identify Sustainability, Cost out, Value in and Cash in productivity projects opportunities.
• Lead Productivity, Value Preservation and Renovation projects execution with Vendors, Initiative Management, Supply Chain Packaging, Quality and Planning.
• Report and track Productivity projects in appropriate systems, forums and costing/budgeting exercises.

Support to Operations

• Manage procurement related claims/issues for your brand as main point of contact; escalate to IPM leadership and/or category management as appropriate.
• Support Business Continuity Plan for all high-risk materials.
• Track and report CAPEX budget / Spend related to Productivity, Maintenance and Innovation projects on a Brand level.
• Track and report Savings results on a Brand level.
• Implement actions to minimize materials inventory and obsolescence (notably through OQ set-up).

Leadership

• Proactively engage stakeholders to provide high quality Procurement support for the business.
• Have an expert understanding of the business needs, the Supply Chain specific requirements & how to fulfil them.
• Influence decision making using product expertise, experience and supply base knowledge & leverage.
• Highlight risks with mitigation plans as well as opportunities with potential gains.

Business Partnering

• Secure sharing of information and support for the local organisations and business units
• Promote good inter departmental relations & contribute to a professional & efficient department reputation.

Working for Coty means our people make us who we are. They are the brightest minds bringing innovative concepts to life. If you’re someone unwilling to settle, likes to envision larger possibilities, accelerate learning, and push boundaries – we’d love to hear from you! Working at Coty means being part of an inclusive workplace committed to diversity and equity, valuing diverse perspectives and backgrounds. Your ideas will count, fostering a career where you can achieve more than you ever imagined.

As New Product Launch & Operations Buyers, we will work closely together with several departments such as category procurement, initiative management, R&D, marketing, planning and finance . All your colleagues are engaged, analytic and action oriented. Working in the team, you will feel passionate about luxury world.

QUALIFICATIONS

You Are A Coty Fit - You like to influence and make the difference. As an experienced Buyer with a minimum of 5 years’ experience in procurement and in the beauty industry ideally, you have a high degree of fluency in English (written & oral), you drive and you get energy from working in a fast-paced, diverse and international environment.

Key expected competencies and demonstrated skills:

• Cost management and analysis:
  • Ability to identify, understand and explain cost drivers.
  • Ability to understand and explain deviations vs benchmarks
  • Ability to manage cost, budget and spend.

• Negotiation

• Risk management:
  • Being able to identify risks on supply chain.
  • Being able to raise risks when structural.
  • Being able to manage or mitigate risks when project related.
  • Critical eye on project timing
• Project management
  • Propose and define scope of project (saving/sustainability/value)
  • Create plan & structure considering risk management.
  • Go execution keeping communication and alignment.
  • Monitor progress, ensure delivery and close.

OUR BENEFITS

As our New Product Launch & Operations Buyer, t his is unique role with a genuine opportunity to make an impact. You’ll get to work in a diverse environment with a team of professionals who are passionate about the work they do and know how to have some fun along the way.

Coty’s global omni-working policy provides the option to work up to 50% of your month remotely. We believe that a more flexible philosophy of remote working will give everyone the freedom to choose what works for their individual circumstances and empower them to always perform at their best.

Base Salary Range : $90,000-$105,000. The listed salary range represents the good-faith estimate, actual compensation may vary based on factors including but not limited to experience, qualifications, and internal equity.

Additional Compensation : This position is eligible for an annual bonus, based on business and individual performance.

Featured Benefits:

• Health, dental, vision and disability insurance; 401(k) with generous employer match; paid time off and Summer Fridays; Parental leave; Tuition reimbursement; Hybrid work arrangements. *Benefits and compensation program descriptions are general in nature and may be subject to change; specific benefits eligibility and details will be provided in offer materials.

RECRUITMENT PROCESS:

1. Our recruiter will contact you.

2. A telephone/online introductory meeting follows.

3. A first online/in-person interview

4. A second interview

5. You will receive a proposal with the terms of employment.

ABOUT COTY

Coty is one of the world’s largest beauty companies with an iconic portfolio of brands across fragrance, color cosmetics, skincare, and body care. At Coty, we celebrate the entire human kaleidoscope and cultivate a culture of fearless kindness.

Our people make us who we are. They are the brightest minds bringing the boldest ideas to life every day. If you’re the kind of person who refuses to settle, if you want to think bigger, learn faster and go further than you ever thought possible – we’d love to hear from you.

Coty is deeply committed to Changing the Conversation around Diversity, Equity & Inclusion in an effort to create a more open, inclusive, and diverse workplace where all employees can be their authentic self. Join us in making over the world of beauty!

EQUAL EMPLOYMENT OPPORTUNITIES

We offer equal employment opportunity to qualified individuals without regard to race, religion, color, national origin, age, gender, disability, sexual orientation, gender identity, gender expression, marital status, veteran status, or any other characteristic protected by law. Coty complies with federal and state disability laws and makes reasonable accommodations for applicants and employees with disabilities. 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 contact [email protected] . We strongly believe that cultivating a diverse workplace gives a company strength. The combination of unique skills, abilities, experiences and backgrounds creates an environment that produces extraordinary results. EOE Minorities/Females/Protected Veterans/Disabled.

English - Please click on this link to review the Notification of Equal Opportunity Rights poster

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