Vice President, Procurement and Supply Chain

Vice President, Procurement and Supply Chain

El Segundo, CA (Hybrid)

Connected by creativity and driven by purpose. Hourglass Cosmetics is a vegan and cruelty-free beauty brand, redefining luxury cosmetics with high-performance products, innovative formulas, and award-winning franchises. Recognized by Forbes, Fast Company and Time Magazine as one of the most inventive beauty companies, Hourglass leads the industry with its breakthrough products and its commitment to animal welfare. Founded in 2004, Hourglass is globally available in 32 markets and over 4,600 doors including Sephora, Ulta, Neiman Marcus, Selfridges, Space NK and more. Hourglass became part of the Unilever Prestige division in 2017. Discover more about the Hourglass brand story and mission on our website hourglasscosmetics.com

The Vice President, Procurement and Supply Chain is the senior executive leader responsible for overseeing the full integrated procurement and supply chain function at Hourglass Cosmetics. The VP leads a high-performing organization and partners cross-functionally with executive stakeholders across Product Development, Operations, Finance, Marketing, and Sales to ensure world-class supplier ecosystems and seamless supply chain execution in support of Hourglass's global growth objectives and Unilever Prestige commitments. Responsible for Sourcing, Supply Planning, Purchasing, and Logistics, the VP will be responsible for ensuring our Fill Rates are maximized, at costs that maximize gross margin (while maintaining our exacting Quality standards), all while achieving Unilever's Days on Hand targets.

WHAT YOU DO:

Enterprise Leadership & Organizational Development

• Define and own the multi-year integrated strategy for procurement and supply chain, aligned to Hourglass's growth agenda.
• Build, mentor, and lead the integrated procurement and supply chain organization, including direct oversight of the Sourcing & Procurement, Purchasing and Logistics leaders, Supply Planning establishing clear roles, development pathways, and a high-performance culture.
• Serve as the executive-level point of contact for strategic supplier relationships.
• Build the relationship with the UPD China Head of Sourcing, so we can benefit from their deep regional network ties
• Represent Procurement and Supply Chain in senior leadership forums, presenting portfolio performance, risk assessments, and strategic recommendations to the executive team.
• Drive continuous improvement initiatives across the combined function to increase efficiency, reduce costs, and improve service levels.
• Define and track KPIs across procurement and supply chain operations including service level, inventory health, on-time delivery, lead time adherence, cost management, and supplier performance.

Procurement & Sourcing Strategy

• Partner with the Product Development to embed sourcing strategy early in the innovation pipeline, enabling speed-to-market and cost competitiveness from concept stage.
• Establish and govern a preferred supplier network capable of supporting aggressive launch calendars while maintaining Hourglass's standards for quality and sustainability.
• Lead executive-level negotiations on commercial frameworks, including turnkey, directed buy, and tolling models, ensuring optimal total cost of ownership.
• Ensure full compliance with Hourglass and Unilever supplier standards, including ethical sourcing, environmental requirements, and regulatory obligations.
• Set up kick-off meetings when new suppliers are added to our network, so our internal functional leaders can meet their counterparts at the new supplier, and ways of working can be established cleanly from the start

Supply Chain Operations (Planning, Purchasing, and Logistics)

• Provide executive oversight of the end-to-end supply chain operation, directing the Supply Chain leader and Supply Planning leader, across MRP, logistics, inventory management, and S&OP processes.
• Oversee logistics operations, managing the end-to-end movement of goods between global suppliers, contract manufacturers, and the Hourglass Distribution Center across all transportation modes (air, sea, truck, rail); review and optimize freight costs and mode selection.
• Ensure accurate landed cost application and timely processing of freight and customs invoices in NetSuite ERP; oversee Transfer Order management, ensuring all shipment dates, quantities, and statuses are maintained accurately.
• Lead S&OP coordination with Demand Planning, Finance, Sales, and Marketing to develop tactical supply chain plans aligned with business goals and global forecast.

Cost Leadership & Financial Stewardship

• Own the total cost of goods strategy, setting targets and driving accountability across sourcing, procurement, and supply chain operations.
• Lead implementation of Open Book and Should-Cost methodologies across strategic supplier relationships.
• Identify and deliver year-over-year cost savings initiatives without compromising product quality or brand integrity; implement margin optimization and operational cost-saving strategies across the full function.
• Partner with Finance on COGS forecasting, Inventory projections, budget planning, and scenario modeling to support business decisions.

Supplier Governance & Risk Management

• Design and oversee a robust Supplier Performance Management framework, including scorecards, KPIs, and escalation protocols across contract manufacturers, packaging suppliers, and freight forwarders.
• Build more resiliency into our supply chain by reconfiguring where we produce, who we procure from, and how much safety stock we hold
• Lead executive Quarterly Business Reviews with strategic partners, driving accountability and continuous improvement.
• Develop and execute a supply chain risk mitigation strategy, including dual-sourcing, capacity reservation agreements (LOIs), and contingency planning for long lead time or scarce materials.
• Serve as the primary escalation point for supply issues including delays, out-of-spec materials, capacity constraints, and supply disruptions; proactively develop and communicate contingency plans.

Cross-Functional Collaboration & Process Excellence

• Flexibly take on full-scope ownership of ad-hoc projects .
• Champion process improvements across pricing, planning, logistics, and vendor setup to drive operational efficiency and scalability across the integrated function.
• Partner with Product Development and Project Management teams on new product launch planning, providing scenario analysis, sourcing recommendations, and logistics planning during cross-functional NPD meetings.
• Partner with the Quality team to establish proactive quality governance programs with key vendors, leading resolution of escalated issues and negotiating remediation.
• Collaborate with Legal on supplier agreements, NDAs, and commercial contract structures.

YOU'LL LOVE THIS JOB IF:

• You are a VISIONARY LEADER : You set bold strategies across procurement and supply chain and inspire your team and supplier partners to achieve breakthrough results. You create clarity in ambiguity, hold people accountable, and set your organization up for success.
• You are highly STRATEGIC : You see the big picture and connect procurement and supply chain strategy to business outcomes. You build plans that are both visionary and executable.
• You are an EXECUTIVE NEGOTIATOR : You command the room and drive complex, high-value negotiations that deliver long-term commercial advantage.
• You are ENTERPRISE-MINDED : You connect sourcing and supply chain decisions to broader business outcomes, balancing strategic priorities with operational realities.
• You are ANALYTICALLY RIGOROUS : You are obsessed with understanding the underlying truth and can separate signal from noise. You leverage data and financial modeling to make informed decisions and present compelling business cases to senior leadership.
• You are a TALENT BUILDER : You are passionate about developing talent across sourcing and supply chain, building teams that are capable, collaborative, and results-oriented.
• You are extremely ORGANIZED : You are not overwhelmed by the thought of managing multiple functions, priorities, and stakeholders simultaneously.
• You are a strong COMMUNICATOR : You can succinctly describe complex situations with easy-to-digest summaries supported by data. You are comfortable presenting to senior and executive leadership and influencing cross-functional teams.
• You are AGILE : You adapt well to changing business needs and can pivot your team quickly to respond to supply disruptions, forecast changes, and evolving priorities without losing momentum.
• You are PASSIONATE about beauty : You are genuinely excited by beauty and understand that procurement and supply chain exist to get extraordinary products into the hands of consumers efficiently and beautifully.

QUALIFICATIONS

• Bachelor's degree required; MBA or advanced degree preferred.
• Minimum 10 years of progressive procurement and supply chain experience in the Health & Beauty or consumer products industry, with at least 5 years in a senior leadership role overseeing cross-functional teams.
• Demonstrat