HUL works to create a better future every day and helps people feel good, look good and get more out of life with brands and services that are good for them and good for others.
With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, the Company is a part of the everyday life of millions of consumers across India. Its portfolio includes leading household brands such as Lux, Lifebuoy, Surf Excel, Rin, Wheel, Glow & Lovely, Pond’s, Vaseline, Lakmé, Dove, Clinic Plus, Sunsilk, Pepsodent, Closeup, Axe, Brooke Bond, Bru, Knorr, Kissan, Kwality Wall’s and Pureit.
The Company has about 21,000 employees and has sales of INR 38,273 crores (the financial year 2019-20). HUL is a subsidiary of Unilever, one of the world’s leading suppliers of Food, Home Care, Personal Care and Refreshment products with sales in over 190 countries and an annual sales turnover of €52 billion in 2019. Unilever has over 67% shareholding in HUL.
VACANCY DETAILS :-
Reporting to the Procurement Finance - Central FET Manager, the candidate is responsible for driving the Forecasting FET function for select material portfolios and markets. The candidate will play a pivotal role in building the understanding of material cost forecast, the largest line item in the Unilever P&L. The main role would be to:
Drive the material cost forecast process for select material portfolios and markets
Understand the drivers of material impact for the clusters and work with Procurement and Procurement Finance teams to provide a clear signal to the business
Lead global forecasting process improvement initiatives and simplification projects
The ideal candidate is required to see the big picture while being capable of drilling down to the details to drive value-focused actions as well as resolving operational issues. Strong analytical skills, good stakeholder management and clear communication are key to succeed in this role.
RESPONSIBILITIES:
Material Forecasting
Lead forecast cycles for select BG, material portfolios and clusters
Engage and support buyers to improve quality of the forecast
Drive forecast accuracy through buyer scorecards
Run the Light Cycle Forecast
Deliver material rates for transfer price updates
Understand impacts from key material movements to guide business decision making
Monitor saving flow through into material prices to ensure business impact
Process Improvement
Lead forecast improvement initiatives across global forecast process
Streamline the process through simplification, standardization, and automation
Stakeholder Management
Engage with Supplier Operations and third party to get relevant output to run the forecast
Engage with FBPs to land the forecast, answer queries, and help build a narrative
Engage with Procurement to drive various elements of the forecasting cycle
Engage with Supply Chain Finance on forecast-related topics such as volume collection, material prices delivery, etc.
Drive the material price forecast process for select portfolios and clusters
Lead process improvement initiatives and simplification projects
Support wider transformation programs in the forecasting space
Drive analytics and insights to enable value-focused business decisions and actions
Understand drivers of forecast impact to partner Procurement and Finance teams on the forecast
Lead a team of 3-5 Assistant Managers and / or Senior Executives to deliver to business objectives
The ideal candidate is required to see the big picture while being capable of drilling down to the details to drive insights and resolve operational issues. S/he should be able to drive and improve a large, complex process, while partnering and engaging with Procurement and Finance teams. Strong analytical skills, robust process leadership, good stakeholder management, high accountability and resilience are key to succeed in this role.
RESPONSIBILITIES:
Material Forecasting
Lead forecast cycles for select portfolios and clusters, driving timeliness, accuracy and prioritization
Engage with and support buyers to improve quality of the forecast while reducing effort
Drive analytics and insights to guide business decision making and focus
Understand impacts from price movements in key commodities to estimate impact on forecast
Understand drivers of forecast impact to partner Procurement and Finance teams on the forecast
Land material prices and forecast impacts with Markets / Business Groups
Process Improvement
Streamline the forecasting process through prioritization, simplification, standardization, and automation
Lead continuous improvement initiatives
Support forecasting transformation programs through process expertise and thought leadership
Stakeholder Management
Engage with Supplier Operations and third party to get relevant output to run the forecast and give them input for process improvements
Engage with FBPs to land the forecast, answer queries, help build a narrative and partner business on the forecast
Engage with Procurement to drive various elements of the forecasting cycle
Engage with Supply Chain Finance on forecast-related topics such as volume collection, material prices delivery, etc.
Engage with various transformation programs to share expertise and lend thought leadership
Team Management
Lead a team of 3-5 Assistant Managers / Senior Executives
Ensure each team member has the required skills and competencies to do his / her role effectively by providing feedback, support, coaching and guidance
Take ownership of the wellbeing and development of the team
Create a collaborative working environment within and across teams
Engage in performance management processes, in line with Unilever’s performance culture, to ensure each team member achieves his / her goals
Effectively manage team changes and issues such as promotions, resignations, absence management, etc. in line with Company guidelines
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