Herbalife

Sr Manager, Indirect Sourcing

Herbalife  •  Bengaluru, IN (Onsite)  •  5 hours ago
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Job Description

STATEMENT:

The Senior Manager Indirect Procurement will be responsible for managing the Events, Marketing and Professional Services. The person will collaborate closely with various Stakeholder teams to ensure that projects are managed cost effectively. The individual selected for this position will lead cross-functional teams and projects. This person will be responsible for leading the category strategy, communicating this with stakeholders and executing on it. Moreover this person will work closely with the events and marketing teams to ensure that budgets and compliance are met.

WHAT’S SPECIAL ABOUT THE TEAM:

This team is a high paced and requires individuals to move with speed and agility. The person leading this role will be directly impacting on the experience of our distributors, which is a key catalyst to fueling the growth of the company.

DETAILED RESPONSIBILITIES:

PROFESSIONAL RESPONSIBILITIES:

Include the responsibilities of the position 5 to 8 in total…Please be sure that each one is a responsibility and not an activity…ranking by importance.

· Develop and execute category strategies for Events, Marketing, and Professional Services, leveraging market intelligence, supplier insights, and demand planning to deliver cost, quality, and innovation outcomes.

· Lead end-to-end sourcing and RFP/RFx processes, including supplier identification, bid design, commercial evaluation, and award decisions to ensure competitive and compliant sourcing outcomes.

· Drive strategic supplier negotiations and contracting, including drafting, negotiating, and executing new agreements as well as renewing and optimizing existing contracts to maximize value and mitigate risk.

· Partner closely with cross-functional stakeholders (e.g., Marketing, Events, Finance, Legal, HR) to align procurement strategies with business priorities, ensure stakeholder buy-in, and deliver seamless execution.

· Manage supplier performance and relationships, including establishing KPIs/SLAs, conducting business reviews, and driving continuous improvement, innovation, and cost optimization initiatives.

· Ensure procurement governance and compliance, including adherence to company sourcing policies, supplier onboarding standards, and risk management requirements across all engagements.

· Deliver measurable value through analytics and continuous improvement, including spend analysis, benchmarking, cost-saving initiatives, and identification of process efficiencies and standardization opportunities.

SUPERVISORY RESPONSIBILITIES:

This person will lead a team of 1 – 3 people

SKILLS:

  • Knowledge of Oracle Purchasing and iProcurement with an understanding of the Procurement and Sourcing fields.
  • Strong analytical skills backed up by advanced knowledge of related tools (e.g., Excel lookups, pivot tables and charts).
  • Experience with sourcing and vendor management strategies
  • Solid judgment with ability to make calculated decisions.
  • Sense of urgency and ability to execute and manage multiple projects.

Languages:

English

Experience:

Minimum 12+ years of experience in stratergic sourcing or other supply chain function.

Education:

Bachelor's degree or university degree, Ideally Administration, Economics, Marketing ,Finance, Industrial Engineering or related

Herbalife

About Herbalife

Herbalife is a global health and wellness community born to support you in living your best life. For over 40 years and in more than 90 countries, we’ve empowered millions of people to make real changes to their lives with our science-backed products, the support of a coach – what we call an Herbalife Distributor – and the opportunity to build a business. And we’re just getting started.

To us, the best lives are balanced lives. Through our Herbalife Distributors, who foster community, personal growth and business opportunities to help you thrive, we offer a wide range of products designed to help you meet your needs and reach your goals. You bring the will to get started, and we’ll help you every step of the way.

Herbalife's focus on improving communities inspires people to come work for us. Our 11,000+ global employees play a crucial role in realizing Herbalife's passion for helping people.

Herbalife has been recognized with numerous global employer awards, including Achiever’s Elite 8 of the Top 50 Most Engaged 8 Workplaces in 2018 and 2021, Achiever’s Top 50 Most Engaged Workplaces in 2019, and Best Employers for Women by Forbes in 2020.

Herbalife sponsors more than 150 world-class athletes, teams, and events, including Cristiano Ronaldo, the Los Angeles Galaxy soccer team, and 5 National Olympic Committees.

In addition, Herbalife created the Herbalife Nutrition Foundation, our Nutrition for Zero Hunger initiative and partnered with several organizations, including Feed the Children.

Industry
Arts & Entertainment
Company Size
10,000+ employees
Headquarters
Los Angeles, CA
Year Founded
1980
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