Cost Manager- Procurement

At Richemont Americas, we aspire to reflect the ever-changing world around us. We are proud to employ talent from many different backgrounds, experiences, and identities to build a continually evolving, inclusive community where the diversity of our colleagues and clients is rich and celebrated. We believe when inclusion is fully embraced and empowered, creativity and knowledge emerge to deliver excellence, advancing the community that is uniquely Richemont Americas. Cost Manager- Procurement Finance | New York, NY Reports to: Director, Strategic Sourcing Role Overview The Cost Manager on the Procurement team, reporting to the Director, Strategic Sourcing, has a vital role within the Richemont organization in North America and will be responsible for supporting the efforts to optimize indirect procurement/sourcing activities within the Maisons and Functions while driving savings. The Cost Manager, Procurement position requires a highly resourceful individual with strong relationship-building, self-motivating, analytical and sourcing skills. They will assist in leading the regional sourcing efforts and execute best practice purchasing principles. The qualified candidate will drive value region-wide working closely with Central Procurement, Richemont Americas Sourcing team members, the Maisons and Functions. They will center on the details while focusing on the Richemont mission/vision. Responsibilities Strategic Sourcing Lead the development, growth, and strategic management of comprehensive sourcing plans and projects within key spend areas, including a significant focus on luxury retail construction, ensuring alignment with Richemont Americas' core requirements for quality, delivery, and cost. Proactively engage with stakeholders and leadership to define and achieve strategic objectives. Expertly lead and optimize the vendor selection process across varied categories, including specialized suppliers for luxury retail construction (e.g., general contractors, architects, millworkers, etc.), leveraging best-practice principles. This includes mastery of leading complex RFx events, performing in-depth bid leveling, conducting expert negotiations, and developing robust, legally sound contracts. Drive close collaboration with global Category Managers in Central Procurement, Richemont Maisons, and Functions to effectively implement and evolve procurement strategy, policy, and procedures, formalizing advanced sourcing activities. Proactively identify and advance value-added opportunities with Maisons and Functions, enhancing procurement platform services and fostering a culture of strategic sourcing awareness and adoption across the organization. Supplier Relationship Management & Excellence Conduct in-depth market research, sophisticated spend analysis, and comprehensive supplier landscape assessments to proactively identify and capitalize on opportunities for significant cost reduction, process improvement, and innovation, demonstrating thought leadership in market dynamics. Develop construction supplier/contractor database, maintaining feedback on performance, and cost data to improve benchmarking and cost visibility Lead procurement forums and deliver continuous, impactful training to educate and influence stakeholders on current compliance requirements, strategic sourcing methodologies, and harmonization opportunities. Strategically manage supplier performance reviews, including driving remediation efforts, leading re-negotiations, and implementing strategies for total cost of ownership (TCO) reduction. Value Creation & Financials Lead the identification and realization of strategic cost savings opportunities through thorough category and spend analysis, a deep understanding of core business requirements, and by expertly leading the end-to-end sourcing process to deliver measurable cost savings and avoidance. This can include applying advanced cost management techniques and quantity surveying principles to construction projects, …

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