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Light Duty Portfolio Manager

Company: Valvoline
Location: Lexington
Posted on: August 7, 2022

Job Description:

Why Valvoline?We've been in the car business for more than 150 years, starting with the invention of the world's first motor oil. Today, we're a global leader in automotive services and lubricants, driven every day by a people-centered focus on innovation and service excellence. -As we often say, it starts with all of our people - and that's where you come in. We're looking for humble, hungry and smart people to help us power the future of mobility. If you're looking for a collaborative and flexible work environment that invests in your growth and success, you've come to the right place. -Careers for the DrivenValvoline has a rewarding opportunity as a Light Duty (LD) Portfolio Manager. We whole-heartedly adopt a 'never idle' mindset. We also know that outstanding service begins and ends with our employees. So, we're looking for good people to join our team. You bring your skills, talents, and drive. We will give you a great place to work, a competitive salary and benefits, and the resources and support to develop and advance within our global company. -How You'll Make an ImpactOwnership 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 lifetime management. Additionally, responsible for tracking changes month-to-month within the portfolio to identify outliers and develop course correction plans. In the role, you would be responsible for:

  • 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 ensure close connection with PS&M Analyst to understand impacts of absorption on the portfolio via the LE process.
  • Supply Chain and Margin Optimizations: 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 Valvoline Margin Council to foster close connection with business units and facilitate margin enhancement monthly. Actively seek out opportunities in the supply chain to drive out costs, enhance service levels, and deliver profitability.
  • SKU Rationalization and Product Lifecycle Management: Own, monitor, and recommend product life cycle for the Light Duty 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 providing a strategic path, leveraging data to move the item into a healthy position. Work closely with supply chain, procurement team, and channel marketing to deliver effective product lifecycles, reducing inventory and enhancing profitability.
  • Innovation Network Analysis: Aid the innovation team via costing of new materials coupled with the development of the most effective supply chain to deliver fill rate while keeping inventory and COGS low.
  • High Impact Bid Owner: As applicable, own the High Impact Bid process for the Light Duty team, 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.
  • Other duties and responsibilities as determined by Valvoline from time to time in its sole discretion.What You'll Need
    • Bachelor's Degree
    • Minimum of five 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
    • Must be authorized to work in the U.S. -What Will Set You Apart
      • MBABenefits That Drive Themselves
        • Health insurance plans (medical, dental, vision)
        • HSA and flexible spending accounts
        • 401(k) - -
        • Incentive opportunity*
        • Life insurance
        • Short and long-term disability insurance
        • Paid vacation and holidays*
        • Employee Assistance Program
        • Employee discounts
        • Tuition reimbursement*
        • Adoption assistance**Terms and conditions apply, and benefits may differ depending on position. -Females and minorities encouraged to apply. -Valvoline 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 endeavors 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. - Required
          Job Industries
          • Automotive

Keywords: Valvoline, Lexington , Light Duty Portfolio Manager, Executive , Lexington, Kentucky

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