Category Specialist Regeants

Website: www.anglogoldashanti.com     

Requirement: Must have valid U.S. work authorization to be considered

SUMMARY/OBJECTIVE OF ROLE:

The Category Specialist supports the end-to-end strategic spend categories essential to the company's financial and operational success. This includes assisting in managing supplier relationships and negotiations for defined strategic spend categories, ensuring suppliers meet quality, cost, and delivery standards. The role focuses on supporting the Category Manager in implementing supply market strategies, providing insights into market trends, financial opportunities, and risks to support strategic business decisions. Collaboration with cross-functional teams is essential to align procurement activities with broader business objectives.

ACCOUNTABILITIES:

• Supporting the development and implementation of the Global Category Management Strategy for defined areas of spend.
• Supporting the Category Manager on supplier relationship management and sourcing plans for defined categories.
• Supporting the design and governance of a single company view of supply markets for defined categories.
• Ensuring proper documentation is in place to maintain SOX compliance for contracts and procedures managed for specific categories of strategic spend managed by Global Supply Chain.
• Maintaining effective working relationships with internal stakeholders and suppliers to assess or improve the quality of the procurement and purchasing process, including increased participation of the in-country supply base where applicable.
• Collecting and analyzing quantitative and qualitative information to assess supplier capability and performance.
• Driving up-to-date market analysis and benchmarking.
• Supporting Business Improvement and BUs by providing functional expertise for defined categories of spend.
• Collecting, investigating, and analyzing information as requested by the Category Manager using data from internal and external sources for:
  • Should Cost modeling
  • Price Discipline
  • Solution modeling
  • Advanced analytics
  • Market Intelligence
  • Spend Segmentation
  • Operational Excellence Process Support
• Advising the Category Manager on supply chain-related risks and opportunities and communicating these to peers in business units and operations.
• Assisting the Category Manager in developing category market and supplier updates to be shared with business leadership quarterly.
• Collaborating across the group and sharing internal and external best practices across all supply chain functions.
• Driving and developing the negotiation strategy for high-value contracts for Reagents category, aligned to market values and cost estimation principles, to unlock value and efficiencies for the category.
• Assisting in the execution of the overall commodity strategy, including supplier opportunity assessments, financial analysis, negotiations, and long-term contract establishment. Using industry trends, Reagents cost drivers, global pricing, best practices, benchmarking, equipment life cycle cost analysis.
• Building the internal should-cost model mapped to each site's requirements and market dynamics.
• Structuring the Reagents contracts to unlock performance efficiencies, mitigate risk, and optimize cost per meter.
• Analyzing and developing business cases to enable decision-making.
• Drafting tendering documents and contracts.
• Contributing to continuous improvement initiatives.
• Developing and managing Supplier Relationship Management, setting joint objectives and KPIs with suppliers to enable proper contract management routines.
• Utilizing market intelligence and strategic sourcing principles to drive benefits realization for AGA.
• Promoting efficient, effective, and consistent category review and analysis.
• Identifying and analyzing opportunities within the Reagents category.
• Managing the tactical delivery of major contracts and tenders for Reagents category.
• Managing contracts through SAP to ensure compliance and efficient contract management.
• Implement and manage the category portfolio budget, ensuring alignment with expenditures and contributing to budget planning cycles for the category under management.
• Continuously improve the efficiency and effectiveness of Reagents use, focusing on reducing waste, enhancing quality, and maximizing operational performance through data-driven decision-making and process optimization.
• Implement External Spend TCO strategies to reduce Total Cost of Ownership (TCO) on external spend:
  • Manage a standard approach for category management across the group to drive a cost leadership culture.
• Implement buy-better and spend-better strategies to manage spend, scope future requirements, and understand the external market.
• Utilize a structured Category Management Playbook:
  • Manage a four-stage category approach: Review, Strategize, Execute, and Track.
  • Consolidate internal fact base and external market intelligence to identify TCO opportunities.
  • Develop implementation roadmaps and transition initiatives to the Full Potential Hub.
  • Track benefits and improvements in key metrics through a monthly review process.
• Execute Full Asset Potential Refresh:
  • Manage site-by-site improvement projects across LOM strategy, mining, processing, and external spend.
  • Implement a two-year rolling program for site-level refreshes, with findings fed back to global and regional category management.
• Drive Supplier Relationship Management:
  • Set joint objectives and KPIs with suppliers to enable proper contract management routines.
  • Establish appropriate cadences for performance monitoring based on the criticality of the operation and strategic nature of agreements.
  • Drive continuous improvement opportunities through jointly developed projects with suppliers.
• Define and Track Value:
  • Manage value tracking in five key sources: Direct spend (Opex), Capital Spend, Working Capital, TCO Impacts, and Cost Avoidance.
  • Set annual targets based on category strategy reviews, with value estimates reported with confidence intervals from RS0 to RS4.
• Enable Reporting:
  • Implement Savings/Value Delivery and Price/Volume Variance reports to set leading and lagging indicators for value delivery and strategic focus.
  • Leverage the Full Potential Hub for consistent reporting, transparency, and active management of initiatives.

EDUCATION & QUALIFICATIONS:

REQUIRED GENERAL KNOWLEDGE & EXPERIENCE:

• Intermediate expertise in strategic sourcing and global category management.
• Understanding of global strategic sourcing and category management.
• Ability to anticipate and address significant problems or issues before they arise.
• Clear communication and direct engagement with the Category Manager and Supply Chain BU peers on supply chain strategy, analytics, and execution.
• Supporting the integration and management of multiple concepts and activities to ensure alignment with the strategy set by the Category Manager.
• Immediate understanding of contractual agreements and some exposure to relationship management.
• Identifying new solutions to current or anticipated problems, often through cross-functional interaction.
• Modeling alternative and creative solutions to influence colleagues and improve performance.
• Ability to multi-task, manage competing priorities effectively in a changing environment, and meet defined timelines.
• Building and maintaining effective working relationships.
• Utilizing analytics for problem-solving.
• Managing personal development and working independently within a support role.

CONDITIONS OF EMPLOYMENT:

This is a full-time, exempt position in the Denver Office

COMPENSATION: $105-$115K

BENEFITS:

AngloGold Ashanti North America (AGANA) offers a competitive benefits package to include company paid medical, dental, and vision insurance premiums; flexible spending accounts; 401(k) retirement plan with employer match; vacation, paid sick leave, paid holidays.  Other ancillary benefits include employer paid basic life, accidental death and dismemberment, short-term and long-term disability insurance, wellbeing reimbursement program, tuition reimbursement and a host of other benefits.  AGANA recognizes the need for work life balance and offers a flexible/hybrid work schedule to employees.  Eligible employees will participate in the annual short-term and long-term incentive plans.  All benefits are subject to the applicable eligibility and program/plan terms and conditions and may be modified or terminated at AGANA’s sole discretion. 

AngloGold Ashanti Limited

Reg No: 1944/017354/06     

EQUAL OPPORTUNITY STATEMENT

AngloGold Ashanti North America Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type with 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.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.