Portfolio Manager (Light Duty)

Why Valvoline Global Operations?

Valvoline Global is a worldwide leader in automotive and industrial solutions, creating future-ready products and best-in-class services for partners around the globe. Established in 1866, we introduced the world’s first branded motor oil, claiming our position as The Original Motor Oil. As an affiliate of Aramco, one of the world's largest integrated energy and chemicals companies, we continue to invest strategically and expand globally, driving unparalleled product innovation and sustainable business solutions.

Our corporate values of care, integrity, passion, unified, and excellence shape everything we do. Living out our values is what makes our company, our employees, our partners, our customers, and the communities we serve great.

When you join Valvoline Global, you join a culture that is committed to: treating all people with care, operating with integrity, striving for excellence in everything we do, showing passion about delivering on our commitments, and being unified in all our enterprise endeavors.

Job overview

Role is responsible for Valvoline Global Operations light duty lubricants portfolio in the European region.  The Portfolio Manager has four main pillars of responsibility: 1. Product/Portfolio Costing, 2. Product Profitability, 3. Profit Improvement Opportunities and 4. Product Rationalization. 

Role has ownership and analysis of all product costing along with key drivers of that costing. Continually seeks ways to optimize margin within the entire portfolio through either supply chain optimizations, procurement savings opportunities, and consolidation of the portfolio through product life-cycle management. Additionally, responsible for tracking changes month-to-month within the portfolio to identify outliers and develop course correction plans. Keeps all business units apprised of costing of products.    

Focus of the role:

1. Product / Portfolio Costing: Serve as the Single Point of Contact for all business units relative to current costing of all portfolio items, cost changes based on supplier inputs, and cost implications of various supply chain shifts. Actively communicate changes to all teams and understand impacts of absorption on the portfolio via the LE process.
2. High Impact Bid Owner: As applicable, own the High Impact Bid process for Europe, ensuring all cross-functional partners are aware of the bid and the documentation is completed on time and to standard. This enables sales to effectively bid on new business opportunities which have a material impact on overall Valvoline supply chain capabilities and profitability.
3. Innovation Network Analysis: Aid in costing of new materials coupled with the development of the most effective supply chain to deliver fill rate while keeping inventory and COGS low.
4. Product Profitability: Continuously monitor and report out on changes within the portfolio relative to margin. Alert the team monthly to all items outside target margins along with recommended corrective actions to regain target margin windows. Run the European Valvoline Margin Council to foster close connection with business units and facilitate margin enhancement monthly.
5. Profit Improvement Opportunities: Actively seek out opportunities in the supply chain to drive out costs, enhance service levels, and deliver profitability.
6. SKU Rationalization & Product Lifecycle Management: Own, monitor, and recommend product life cycle for the light duty European portfolio. This encompasses an annual SKU rationalization of the portfolio followed by Obsolete tracking and process completion. Additionally, determining which SKUs should be cured and provide a strategic path, leveraging data, to move the item into a healthy position. Works closely with supply chain, procurement team, and channel marketing to deliver effective product lifecycles reducing inventory and enhancing profitability.
7. Review and Manage Slow Moving and Obsolete inventory in coordination with Supply Chain. Providing direction on excess inventory solutions and ensure execution by the organization

What you'll bring...

• Bachelor’s Degree; Master of Business Administration (preferred)
• 5-7 years experience
• Strong analytical thinking and business mindset. Possesses the ability to turn insights into action
• Ability to pull, assess, and conceptualize key data in a manner that makes it digestible for leadership
• An inquisitive thirst to learn more and seek the truth
• Team oriented, with strong communication abilities and willingness to share ideas for diverse input and perspective
• Passion for continually improving recommendations and optimizations to extract value from products and supply chains

Valvoline Global provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. Are you good at what you do? Join us.

The Company has put a process in place to make its recruitment process accessible to any and all users. Reasonable accommodations will be provided, upon request, to applicants with disabilities in order to facilitate equal opportunity throughout the recruitment and selection process. Please contact Human Resources at 1-800-Valvoline or email 1-800Valvoline@valvoline.com to make a request for reasonable accommodation during any aspect of the recruitment and selection process. The contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

 Requisition ID: 673 

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