As the Assistant Vice President of Indirect Sourcing at L'Oréal, Ivan Zhankov plays a pivotal role in shaping the company’s procurement strategy, particularly in the dynamic realm of marketing spend management. With a robust background in global sourcing and procurement, Ivan has successfully navigated the...
As the Assistant Vice President of Indirect Sourcing at L'Oréal, Ivan Zhankov plays a pivotal role in shaping the company’s procurement strategy, particularly in the dynamic realm of marketing spend management. With a robust background in global sourcing and procurement, Ivan has successfully navigated the complexities of managing marketing budgets for 40 US brands, achieving remarkable growth by doubling the managed budget in less than five years. His expertise lies in strategic supplier management, where he leverages data analysis and cross-functional team leadership to drive transformational change and optimize sourcing strategies.
Ivan’s current projects encompass a diverse range of initiatives, including overseeing advertising, content production, CRM, consumer promotions, influencer marketing, data acquisition, and martech solutions. His ability to negotiate complex contracts and foster strong relationships with suppliers has been instrumental in enhancing L'Oréal's competitive edge in the beauty industry. By integrating innovative sourcing strategies with a keen understanding of market trends, Ivan ensures that the procurement function not only supports but also propels the company’s growth objectives.
In addition to his strategic oversight, Ivan is adept at utilizing advanced analytical tools and methodologies to inform decision-making processes, ensuring that every dollar spent contributes to maximizing ROI. His commitment to excellence in supply chain management and logistics further underscores his capability to streamline operations and enhance efficiency. As a leader, Ivan embodies a collaborative spirit, empowering his teams to achieve outstanding results while navigating the ever-evolving landscape of global procurement.
