Date: Sep 5, 2023 Employment Schedule: Full time Location:
Group Procurement Market and Cost intelligence Manager
Ontex is a leading international provider of disposable personal hygiene solutions for all generations. With a global team of around 7,500 employees, we develop, produce and distribute in about 100 countries through leading retailers and healthcare providers. Ontex was founded in Belgium in 1979 and is listed on Euronext Brussels.
To reinforce our Procurement team we are looking for a Group Procurement Market and Cost intelligence Manager
Mission and Key Tasks
> Market Research and Analysis
Gain deep market understanding of different raw material categories including petrochemical and pulp/paper feedstocks that are the source of most raw materials used by Ontex
Develop a market intelligence dashboard from multiple data sources to map raw material supply and demand balance, outlook, supplier profiles, trade data analysis, category news and trends, and forecast commodity price indices, etc.
Support Group Procurement Category Managers by providing input and recommendations for sourcing strategy preparation and decision-making processes
Perform risk management to monitor financial, supply chain, and commodity risks, including financial hedging, and propose risk mitigation measures.
> Cost Analysis and Benchmarking
Work closely with Group Procurement Category Managers to:
Find savings through continuous benchmarking of different components of raw materials, indirect goods, and services
Increase leverage in more fact-based negotiations
Develop costs models and margin analyses to assess supplier economics
Roll out and align the Should-Costing Process with key suppliers, as to manage the cost by implementing and running a structured benchmarking process and by initiating and developing Cost Roadmaps
Assist in analyzing quotations and bids and in developing recommendations.
> Data Management and Reporting
Conduct in-depth analysis to assess the effectiveness of current market & cost intelligence processes and propose improvements to enhance efficiency and effectiveness, and drive further development of the strategic 3-year roadmap for the procurement market- and cost intelligence activity.
Establish and maintain a centralized repository of market & cost intelligence data, ensuring accuracy, integrity, and confidentiality
Develop and utilize data visualization tools and dashboards to present complex information in a clear and actionable manner
Generate regular reports, presentations, and executive summaries to communicate findings, recommendations, and key insights to stakeholders
Stay updated on the latest data analysis and visualization techniques to enhance reporting capabilities.
Manage the Group Procurement Junior Market & Cost Intelligence Analyst.
Background and Experience
Master’s degree in economics, business, sciences, or engineering
5-8 years of work experience in a similar function
Proven experience in market research, competitive intelligence, cost analysis, or related areas within procurement
Familiarity with market research databases, industry reports, and data sources
Familiarity with financial analysis techniques, should cost modelling, and benchmarking methodologies
Proficiency in data analysis and visualization, such as PowerBI, to derive insights and present findings effectively
Up-to-date knowledge of market trends, emerging technologies, and regulatory changes relevant to procurement
Strong analytical skills with the ability to collect, analyze, structure, and interpret complex data sets
Excellent communication skills, with the ability to convey complex concepts to both technical and non-technical stakeholders
Strong attention to detail, problem-solving skills, and the capacity to work independently
Fluent in English, knowledge of any other language is an asset.