Cold Asset Manager at Diageo

Role Responsibilities

Cold & Visibility Plan Implementation:

• Execute and monitor the national cold asset and visibility strategy in line with the approved brand and regional trade guidelines.
• Collaborate with the Brand Team, CPAMs, Sales, and Supply Operations teams to implement cold and visibility plans across various channels and regions.
• Track and report the performance of cold asset deployments and visibility strategies, ensuring adherence to timelines and budget.
• Identify gaps and opportunities for improvement in cold asset visibility and functionality, recommending adjustments to enhance market presence.

Asset Management:

• Oversee the complete lifecycle of cold assets, from acquisition, deployment, maintenance, and refurbishment, to asset write-offs.
• Ensure accurate tracking of fridge and cold assets, maintaining an up-to-date asset database, and conducting regular stock counts and status reports.
• Collaborate with Procurement, Sales, and Finance teams to manage cold asset capital expenditures (CAPEX) and operational expenditures (OPEX).
• Support asset capitalisation, tracking, and management of purchased units, and ensure adherence to all policies for asset procurement, capitalisation, and depreciation.

Project Management:

• Lead cold asset projects, and cold accreditation programs, ensuring that all cold projects are executed on time, within scope, and according to budget.
• Manage annual cold strategy rollouts, coordinating with regional teams to meet project deadlines and quality standards.
• Oversee the coordination and execution of refurbishment and stock movement plans, working with manufacturers and logistics teams to meet national and regional needs.

Financial Management:

• Support the preparation of annual CAPEX and OPEX budgets for cold assets, providing detailed reports and variance analysis.
• Process and manage all internal and external charges related to cold assets, ensuring compliance with procurement policies and financial guidelines.
• Monitor and report on budget adherence for cold projects, identifying cost optimization opportunities and ensuring efficient asset use.

Stakeholder Management & Reporting:

• Manage relationships with external suppliers, including cold asset manufacturers, logistics, and maintenance providers, ensuring that vendors meet contractual obligations and service level agreements.
• Regularly engage with internal stakeholders (Sales, Finance, Procurement, etc.) to align on cold asset management strategies and address any issues that may arise.
• Prepare and present regular reports on cold asset performance, budget status, and project progress to senior management and stakeholders.

Continuous Improvement & Optimization:

• Conduct business analyses to identify areas for improvement in cold asset management and operational efficiency.
• Collaborate with regional teams to optimize fridge placement, stock management, and cold chain processes, ensuring that assets meet the needs of the business and are deployed efficiently across channels and regions.
• Monitor cold asset performance, ensuring that service levels are met and identifying opportunities for cost savings and improved productivity.

Compliance & Documentation:

• Ensure compliance with all relevant standards, guidelines, and regulations related to cold asset management.
• Maintain accurate documentation of cold asset movements, refurbishments, and stock levels for audit purposes.
• Assist in cold asset audits and verification processes to ensure all assets are accounted for and in working condition.

Experience / skills required

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• Minimum of 5 years of experience in asset management, cold chain management, or a related field.
• Strong knowledge of asset lifecycle management, project management, and financial reporting.
• Proficient in SAP, MS Excel, and other relevant software.
• Excellent communication, negotiation, and stakeholder management skills.