Descriptive Summary
The Strategic Procurement Manager will be responsible for the sourcing and ordering of all raw materials, developing, and implementing procurement strategies, and providing logistical support to assist Production, Customer Service, and R&D teams. The Strategic Procurement Manager will also be responsible for collaborating with senior leadership and external vendors on a regular basis. This role will also collaborate with our Montreal facility to define and put into action best practices and shared learnings.
Essential Job Duties
1. Develop and implement procurement policies, procedures, and best practices to streamline purchasing activities
2. Procurement process includes overseeing the MRP process, analyzing and forecasting inventory requirements to maintain optimal stock levels, issuing POs and ensuring timely and cost-effective delivery of all input materials
3. Manage supplier relationships, including evaluating performance (price competitiveness), addressing issues, and ensuring compliance with Company standards
4. Monitor market trends, competitor strategies, and supplier performance to adjust procurement strategies to hedge against potential supply chain issues and mitigate impact to the business
5. Lead strategic sourcing initiative to identify, evaluate, and onboard new suppliers, fostering competition and enhancing supplier performance
6. Negotiate contracts, pricing, and terms with suppliers to secure the best possible value while maintaining quality standards
7. Collaborate with other departments to (Operations, Finance, R&D) to develop a demand planning model to execute sourcing strategies that align with business objectives, focusing on quality and cost savings
8. Utilize data analytics to track procurement performance, supplier metrics, and prepare reports on cost savings and sourcing outcomes for management
9. Working with Montreal personnel to create SOP’s around best practices while leveraging our combined scale with manufacturers to assure optimal pricing and terms
Work Schedule: Onboarding period will be 100% onsite **1 st 90-120days. Hybrid arrangements open for discussion after this time period.***
Physical Requirements
· Hearing: Able to listen and speak to exchange information in person or by telephone
· Read: Able to read and understand a variety of documents and printed materials
· Repetitive Motion: Frequent use of hands and fingers to operate office equipment
· Physical: Frequent sitting for extended periods of time
· Physical: Frequent bending at the waist and knees, reaching above the shoulders to retrieve or store materials, pushing/pulling and lifting up to 20lbs when necessary
· Vision: Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.
Required Education and Experience
· A minimum of a 4-year College degree or equivalent experience
· Greater than 5+ years experience in purchasing specialty ingredients/food manufacturing ingredients/specialty chemicals
· Familiarity with ERP/MRP systems (NetSuite, SAP, Oracle, etc)
· Detail-oriented with excellent problem-solving skills, communication skills, and vendor management skills
· Proficient in MS Office, intermediate or advanced in excel
· Skilled in negotiating supply agreements with manufacturers as well as distributors in specialty ingredients/food manufacturing ingredients/specialty chemicals
Preferred Education and Experience
· Bachelor’s degree in supply chain management, logistics or a similar field
· Experience devising procurement strategies or managing procurement budgets
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