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Sr Manager Strategic Sourcing

Remote: 
Full Remote
Contract: 
Full time
Experience: 
Senior (5-10 years)
Work from: 
United States

Offer summary

Qualifications:

Bachelor’s Degree in Business, Procurement, Supply Chain or equivalent, 7+ years experience in procurement/strategic sourcing with leadership roles.

Key responsabilities:

  • Lead procurement strategy development with cross-functional teams
  • Manage Commodity Risk Management and global supply chain logistics
  • Coordinate procurement strategy alignment with internal departments
  • Develop talent, expertise, and innovate procurement processes
  • Lead high-performing procurement team and set performance expectations
Hearthside Food Solutions logo
Hearthside Food Solutions https://www.hearthsidefoods.com
10001 Employees
About Hearthside Food Solutions
Manufacturing the world’s most iconic foods. Hearthside Foods is one of the fastest-growing companies in the industry and a preferred employer. With 43 locations in 14 states and three countries, Hearthside’s 13,000 people make delicious foods millions of people enjoy daily. Yet, most people have never heard of our company. Hearthside is a contract manufacturer serving many of the world’s finest brands. Growing from four locations in 2009, our customers are category-leading food companies and global consumer brands across categories that include snacks, baked goods, nutrition, fresh foods, frozen entrees, and more. The secret to our growth and success? Without a doubt, our people. Our dynamic environment is always changing – yet is laser-focused on customer satisfaction, innovation, sustainability, and efficiency. Beginning with respect for the individual, we empower our people and teams to continually create new value for customers, find better ways, and always be learning. Our continual growth and evolution require us to promote from within constantly. Our strong company culture rewards performance, and our people are here to build a career. If you are considering a career in the food manufacturing industry, Hearthside wants to talk to you. Contact us today. We look forward to hearing from you.
See more Hearthside Food Solutions offers

Job description

Sr Manager, Commodity Procurement

Organizational Requirements

  • Lead procurement strategy development and functional team support in collaboration with Operations, Finance, Sales, Logistics, QA, and R&D. Lead and facilitate cost savings projects in partnership with platform and cross-functional stakeholders. drive value from leveraged sourcing across Revlon’s corporate and operational indirect spend, and to increase profits by capturing improvement opportunities. The Sr. Director is responsible for: functional leadership and portfolio planning; stewardship and deployment of the company’s strategic sourcing process; identifying and executing process improvement initiatives; and, ensuring excellence in category management for the company’s core spend items. The position will report into the Chief Procurement Officer.drive value from leveraged sourcing across Revlon’s corporate and operational indirect spend, and to increase profits by capturing improvement opportunities. The Sr. Director is responsible for: functional leadership and portfolio planning; stewardship and deployment of the company’s strategic sourcing process; identifying and executing process improvement initiatives; and, ensuring excellence in category management for the company’s core spend items. The position will report into the Chief Procurement Officer.drive value from leveraged sourcing across Revlon’s corporate and operational indirect spend, and to increase profits by capturing improvement opportunities. The Sr. Director is responsible for: functional leadership and portfolio planning; stewardship and deployment of the company’s strategic sourcing process; identifying and executing process improvement initiatives; and, ensuring excellence in category management for the company’s core spend items. The position will report into the Chief Procurement Officer.
  • Lead Commodity Risk Management process including developing risk assessment models and strategies to proactively manage commodity price fluctuations and minimize organization impact.
  • Manage international/cross-border supply chain and the logistics of sourcing materials and services from outside the domestic US/CAD
  • Monitor and analyze global and regional commodity markets to identify potential risks and opportunities. Assess the impact of market volatility, geopolitical events, supply chain disruptions, and other factors on commodity prices and supply availability.
  • Generate regular reports and dashboards to communicate commodity risk exposure, procurement performance, and mitigation efforts to senior/executive management.
  • Lead bi-weekly Commodity Risk Management review meeting with CFO, Commercial and Finance leads to align on a team-based sourcing plan.
  • Develop and implement risk mitigation strategies, including hedging, forward contracts, and supply chain diversification, to protect the organization from adverse commodity price movements.
  • Collaborate with internal executive stakeholders and suppliers to align risk mitigation strategies with procurement goals and business objectives.
  • Foster effective communication with suppliers to build strong, collaborative relationships.
  • Lead corporate & regional projects through strategic procurement planning and implementation. Represent the company in dealings with suppliers, trading partners and customers.
  • Partner with Finance and CI functions to develop annual operating plan and cost savings pipeline; actively track performance and develop action plans to achieve financial targets.
  • Lead procurement team to effectively manage $200+ millions of overall category spend. Articulate and execute Hearthside Procurement roadmap that builds the capabilities needed for long-term growth and sustainability including spend analytics, category management, standardized sourcing process, tools and templates, policies and procedures and supplier relationship management.
  • Develop a high-performing and motivated strategic procurement team responsible for interacting with business and supplier partners

Key Responsibilities

  • Coordinate procurement strategy and business objective alignment with other internal departments, including Operations, Supply Chain, Sales, R&D, Finance, Regulatory and QA
  • Follow market trends for various categories of spend. Use this knowledge to support internal customers. Evaluate financial aspects of key cost drivers of global markets using published industry data and reports. Collect historical data to support cost trend requests.
  • Develop business case to proactively drive stakeholder alignment and ensure effective communications with all internal partners.
  • Implement strategic sourcing activities such as electronic Request for Information, Request for Quotation, Request for Proposal, select supplier based on predetermined criteria
  • Be committed to cost control and cost reductions for the company while at the same time maintaining continuous supply of goods and services. Introduce new and innovative ideas for procurement of goods and services.
  • Develop and implement solutions to develop talent and expertise and build procurement capabilities within the entire category.
  • Ownership of annual budget and standard cost development
  • Identify additional sources of supply and develop relationships with supplier partners
  • Actively develop and manage vendor performance using KPI’s and scorecard development, business reviews, and effective contract/dispute management process.

People Management:

  • Build and lead a high-performing procurement team, providing coaching, mentoring, and professional development opportunities to team members.
  • Set clear performance expectations and key performance indicators (KPIs) for procurement staff, regularly reviewing and evaluating their performance.
  • Cultivate a collaborative and inclusive team culture that encourages innovation and continuous improvement.
  • Lead and mentor the procurement team, providing guidance and support to achieve department goals
  • Ensure compliance with all relevant employment laws, regulations, and company policies within the procurement team.
  • Lead talent acquisition efforts, including recruitment, onboarding, and talent retention strategies.

Education/Experience Requirements

  • Bachelor’s Degree (Master’s degree or MBA preferred) in Business, Procurement, Supply Chain, or Accounting preferred or equivalent combination of education, training, and experience
  • 7+ years in procurement/strategic sourcing role with increasing responsibilities and leadership experience
  • Proven organizational communication, problem solving, and research abilities
  • Demonstrated excellence in managing internal customers; regularly communicates with stakeholders for alignment; Demonstrated excellence in managing internal customers; regularly communicates with stakeholders for alignment;Manage change through influence and proactive stakeholder management process; capable of driving major commercial decisions across a diverse set of internal stakeholders; demonstrated excellence in managing internal customers and regularly communicates with stakeholders for alignment
  • Project management experience
  • Strategic thinking and decision-making abilities
  • Ability to quickly gather and analyze data, and business requirements under time constraints in a changing environment
  • Knowledge of contract fundamentals, ability to effectively understand and negotiate contract terms that benefit Hearthside in outcome
  • Broad knowledge and execution of negotiation strategy, macroeconomics, inventory control and manufacturing processes.
  • Proven negotiating skills for quality improvement and cost savings initiatives with suppliers
  • Proficient in English (written and verbal)
  • Must be proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and prior experience with SAP, BW and Spend Analytics Solutions preferred
  • Ability to identify processes needing improvement, and to recommend improvements
  • Ability to work effectively at the executive level internally and with supplier partners

Founded in 2009 and headquartered in Downers Grove, IL we are a world-class contract manufacturer producing wholesome baked goods, snacks and packaged foods for many of the world’s leading food companies. As one of the largest and fastest growing food co-manufacturing companies in the US, we are the proud owner and operator of over 35 facilities globally. Our nearly 10,000 employee-strong organization is leading the way and setting new standards for quality, safety, flexibility and efficiency while feeding families around the globe.

Hearthside’s exceptional growth stems from its ability to address real-world problems for customers of all shapes and sizes, and by our resolute commitment to our belief that there are no great companies without great culture. Our culture of personal empowerment enables growth, learning, and continuous improvement every day!

We are steadfast in our ambition to be the indispensable and most trusted partner to our customers and need your help to do it! Join Hearthside and enjoy a competitive package, outstanding benefits and a diverse work environment.

Hearthside is an Equal Opportunity Employer.

Apply Now

Required profile

Experience

Level of experience: Senior (5-10 years)
Spoken language(s):
English
Check out the description to know which languages are mandatory.

Hard Skills

Category ManagementCommodity Trading and Risk Management (CTRM)Strategic SourcingProcess ImprovementSupply Chain ManagementMarket AnalysisProject Cost ManagementSpend AnalysisSAP COVendor Performance MonitoringBudget ManagementStrategic ProcurementContinuous Improvement ProcessProject ManagementTalent AcquisitionChange ManagementStakeholder Management

Other Skills

  • Team Leadership
  • Collaboration
  • Communication
  • Problem Solving
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