Procurement Manager
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The Procurement Manager leads in the development and execution of procurement strategies. This person plays a key role in managing supply partners, supply, cost, and risk for food ingredients, spices, and commodities that support the B&G Foods manufacturing network. A successful Procurement Manager will build and manage a strong and dynamic portfolio and will play a critical role in the company’s ability to deliver safe, quality, and cost-effective products.
Responsibilities:
- Negotiate, manage, and execute supply contracts.
- Develop and execute sourcing strategies for assigned categories that incorporate food safety, customer requirements, product requirements, market conditions, business risk, and supplier capabilities.
- Manage and forecast costs, purchase price variance, and inventory.
- Monitor and improve supplier performance.
- Assist the Product Development team with the sourcing of new products.
- Collect, evaluate, and report crop conditions, commodity movement, market information, and logistical trends.
- Collaborate and communicate with management and cross-functional teams to understand/align on business objectives, risk management, costing, and pricing actions.
- Support sales and marketing with data to implement costing actions.
- Serve as the subject matter expert and advisor on assigned categories.
- Participate in developing annual budgets for assigned categories.
- Manage and resolve issues within the supplier network.
- Works with cross functional teams to drive cost savings.
- Ability to manage savings across multiple platforms. Executes and drives savings projects more than $1MM.
- Understands supply, demand, and stock levels for assigned products.
Experience, Skills, Education:
- Bachelor's degree (BA/BS) in business-related discipline (i.e. business, economics, finance, accounting, supply chain required
- A minimum of five (5) years of experience in procurement, supply chain, and process improvement with a solid foundation in commodity, supplier, and risk management required.
- Previous raw materials procurement highly preferred.
- Excellent communication, written, and presentation skills.
- Strong understanding of financial modeling.
- Excellent analytical and quantitative skills with strong attention to detail.
- Experience with an ERP system. Systems proficiency with JD Edwards is desired.
Compensation:
Hiring Pay Range:
$101,897.00 - $135,863.00
Final base pay will be determined based on factors including, but not limited to; role responsibilities, experience, skills, education, geographic location, and/or internal pay equity. Total pay may include other forms of compensation including short-term incentive bonus.
Benefits:
We offer a variety of benefits that include comprehensive, affordable health and wellness coverage for you and your family.
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Paid time off (holidays, vacation and sick days)
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Medical, prescription drugs, dental and vision coverage
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Life, disability and AD&D insurance
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401(k) plan
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Flexible spending accounts
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Tuition reimbursement program
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Employee assistance programs
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Telemedicine
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Work-life balance
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Employee discounts
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Wellness program
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Paid parental leave
Benefits may vary by location and position.
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