Global Category Manager, Strategic Procurement

NewMarket Corporation; Richmond (VA); On-site; USD 82,000 - 110,000; Full time

Benefits offered by this job

Pension Plan

401k with company match

Medical/Dental/Vision insurance

Paid vacation

Disability insurance

Life Insurance

Identity theft protection

Job summary

NewMarket Corporation in Richmond, VA seeks a seasoned Sourcing Manager to develop supplier relationships, negotiate terms, and optimize contract conditions to sustain supply and drive value. You will analyze market dynamics, identify sources, and contribute to long-range procurement strategies.

You will collaborate with regional and global teams, forecast prices, monitor quality, and support the Annual Operating Plan, ensuring continuity and cost efficiency in a complex supply chain.

Qualifications

• Bachelor’s Degree or equivalent in Business, Economics, Math, Chemistry or related field.
• 7 or more years of relevant or related experience in procurement or supply management.
• Procurement experience with suppliers and contracts.

Responsibilities

• Develop and manage supplier relationships to negotiate price and supply conditions ensuring commercial terms are optimized, supply maintained, contracts implemented and managed as appropriate and SAP data maintained.
• Develop an understanding of the market for the raw materials, products and services purchased and identify the factors which influence availability and pricing (know the buy) ensuring that significant market changes are anticipated, managed and communicated.
• Identify and select source(s) of assigned raw materials, products and services. Work with the supplier base to identify new sources within existing portfolio and new technologies which may bring advantage to Afton, sponsoring and supporting approvals as appropriate.
• Prepare, maintain and communicate long term sourcing strategies to support the Long-Range Plan (LRP) both within region and at a global level as appropriate to ensure raw material, products and services availability and economics are communicated to and support the needs of the business.
• Develop and maintain forecasts (volume and price) for use with suppliers and for communication within Afton including the Annual Operating Plan (AOP) process.
• Monitor quality and consistency of raw materials, products and services used via the SCS (Supplier Care System) to record quality issues/resolutions. Consult with Process Technology, R&D and Manufacturing and other departments as required, investigating and resolving quality issues quickly and effectively.
• Collaborate with other Afton purchasing team members on a regional and global basis to identify synergies that will ensure maximization of strategic purchasing initiatives.
• Employ strategies as appropriate to ensure business continuity objectives are met.
• Consult with Business Group, R&D, Manufacturing and Process Technology to provide information regarding competitive challenges, potential entrants, pricing initiatives and quality, service, price and distribution issues.

Skills

Negotiation skills

Market economics knowledge

Strategic sourcing

Contract writing & management

Leadership & influencing

Communication skills

Analytical skills

Project management

Education

Bachelor’s Degree or equivalent in Business, Economics, Math, Chemistry or related field

Advanced degree (Masters or MBA)

Certified Professional in Supply Management (CPSM)

Tools

SAP

Job description

NewMarket Corporation in Richmond, VA seeks a seasoned Sourcing Manager to develop supplier relationships, negotiate terms, and optimize contract conditions to sustain supply and drive value. You will analyze market dynamics, identify sources, and contribute to long-range procurement strategies.

You will collaborate with regional and global teams, forecast prices, monitor quality, and support the Annual Operating Plan, ensuring continuity and cost efficiency in a complex supply chain.