This role will lead Procurement's efforts to establish and develop the comprehensive processes required to perform a strategic analysis for each of the key raw materials used to produce Sherwin's innovative products. The resulting work product will become a critical input in the development of both short and long-term commodity procurement strategies. This individual will establish comprehensive cost models and thorough industry analysis for each of Sherwin's vital raw materials. These models and data analysis will be leveraged to maximize the profitability of each raw material commodity portfolio within the context of the overall business. Market analysis coverage should be as broad and as detailed as appropriate to achieve an actionable, proprietary strategic analysis. This could include but not be limited to the following components:
“Job duties include contact with other employees and access confidential and proprietary information and/or other items of value, and such access may be supervised or unsupervised. The Company therefore has determined that a review of criminal history is necessary to protect the business and its operations and reputation and is necessary to protect the safety of the Company’s staff, employees, and business relationships”
Here, we believe there’s not one path to success, we believe in careers that grow with you. Whoever you are or wherever you come from in the world, there’s a place for you at Sherwin-Williams. We provide you with the opportunity to explore your curiosity and drive us forward. Sherwin-Williams values the unique talents and abilities from all backgrounds and characteristics. All qualified individuals are encouraged to apply, including individuals with disabilities and Protected Veterans. We’ll give you the space to share your strengths and we want you show us what you can do. You can innovate, grow and discover in a place where you can thrive and Let Your Colors Show!
At Sherwin-Williams, part of our mission is to help our employees and their families live healthier, save smarter and feel better. This starts with a wide range of world-class benefits designed for you. From retirement to health care, from total well-being to your daily commute—it matters to us. A general description of benefits offered can be found at
http://www.myswbenefits.com/. Click on “Candidates” to view benefit offerings that you may be eligible for if you are hired as a Sherwin-Williams employee.
Compensation decisions are dependent on the facts and circumstances of each case and will impact where actual compensation may fall within the stated wage range. The wage range listed for this role takes into account the wide range of factors considered in making compensation decisions including skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.
The wage range, other compensation, and benefits information listed is accurate as of the date of this posting. The Company reserves the right to modify this information at any time, with or without notice, subject to applicable law.
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable federal, state, and local laws including with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act where applicable.
Sherwin-Williams is proud to be an Equal Employment Opportunity/Affirmative Action employer committed to an inclusive and diverse workplace. All qualified candidates will receive consideration for employment and will not be discriminated against based on race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, pregnancy, genetic information, creed, marital status or any other consideration prohibited by law or by contract.
As a VEVRAA Federal Contractor, Sherwin-Williams requests state and local employment services delivery systems to provide priority referral of Protected Veterans.
Please be aware, Sherwin-Williams recruiting team members will never request a candidate to provide a payment, ask for financial information, or sensitive personal information like national identification numbers, date of birth, or bank account numbers during the application process.
- Performing meticulous market analysis and developing a proprietary strategic analysis for Sherwin's most critical raw materials, which can be used to develop and drive best-in-class sourcing strategies.
- Develop accurate cost models for raw materials/feedstock, which can be used to quickly assess the impact of major market moves or changes.
- Produce detailed commodity supply/demand forecasts based on tracking current production and consumption and announced and presumed changes in production or consumption capacity.
- Construct robust supply curves and quantify the cost to produce for the market's incremental supplier, and the cost for each new increment of supply capacity.
- Maintain a clear understanding of the price-setting mechanism currently working in the marketplace and the key drivers that could change this.
- Understand the secondary and/or related drivers for each commodity (e.g., by-product economics, co-product economics, etc.) and what effect changes in these drivers would have on Sherwin's supply position.
- Create, maintain, and coordinate vital market intelligence and index data used by the procurement team.
- Maintain and work with external vendors on the timely renewal of market intelligence contracts and orders. Regularly review internally with team to ensure all the subscriptions are relevant and being utilized.
- Publish weekly/monthly market trends reports to the global/regional category management teams.
Additional RESPONSIBILITIES
- Translate high-level business priorities into clear and simple initiatives to achieve organizational goals and strategic imperatives
- Create sharp, insightful, data-driven briefs and presentations with clear goals and message positioning to generate desired outcomes.
- Develop and maintain key performance metric dashboards that track the efficacy of our business strategy, summarize key insights, and recommend actions for betterment.
- Champion a strong understanding of global strategic sourcing processes and operating models, and stay abreast of megatrends.
- Drive highly visible strategic projects by working cross-functionally to structure problems, analyze opportunities, develop solutions, make actionable recommendations, and deliver results through rigorous, data-driven processes.
POSITION REQUIREMENTS
FORMAL EDUCATION:
Required:
- Bachelor’s degree from an accredited institution in a related field
KNOWLEDGE & EXPERIENCE:
Required:
- Experience working in Chemical market analysis & research with a focus on Petrochemicals/Specialty Chemicals.
- 6 years of relevant post college work experience.
Preferred:
- 8 years of relevant, post college work experience in market analysis & research with a focus on Petrochemicals/Specialty Chemicals.
- This position requires a strong detail orientation, as well as analytical and time management skills.
- Advanced proficiency in Access and Excel (e.g., creating macros, formulas, charts, pivot tables, etc.).
- Ability to synthesize and analyze large sets of market data to yield actionable findings.
- Proven experience applying analytical and critical thinking skills, demonstrated expertise with all Excel functions and linear programs.
- Data mining, relational database, and business intelligence experience a plus Strong communication skills, both verbal and written.
- Ability to organize, plan, prioritize, and maintain project flexibility and deliver by deadlines.
- Capable of working in a team setting or independently with limited supervision.
- Familiarity with using CMA, S&P, Argus, ICIS, Platt’s, and other databases relevant to chemical indexes.