Strategic Sourcing Manager
Procurement Manager – Commodities
Commodity & Market Risk Management:
Monitor and analyze global and regional commodity markets to identify risks and opportunities impacting pricing and supply availability.
Assess the effects of market volatility, geopolitical events, and supply chain disruptions on procurement strategies and business performance.
Develop and implement risk mitigation strategies including hedging, forward contracts, and supply chain diversification.
Build and maintain analytical models to forecast commodity trends and evaluate key cost drivers using market intelligence and historical data.
Generate and present regular reports and dashboards summarizing commodity exposure, procurement performance, and mitigation actions to senior leadership.
Partner cross-functionally with Finance, Operations, and other stakeholders to align risk management strategies with overall business objectives.
General Job Responsibilities:
Lead end-to-end procurement activities including sourcing, negotiations, supplier selection, and contract management.
Manage international and cross-border sourcing activities, including logistics coordination for materials and services outside of the US and Canada.
Develop and execute procurement strategies that optimize costs, improve supplier performance, and support organizational goals.
Implement strategic sourcing processes including RFIs, RFQs, and RFPs, ensuring supplier selection aligns with defined criteria and business needs.
Drive cost control and cost reduction initiatives while maintaining uninterrupted supply of goods and services.
Partner with Finance and Continuous Improvement teams to develop annual operating plans, budgets, and cost savings pipelines; track performance and implement corrective actions as needed.
Own standard cost development and analyze spend, market trends, and historical data to support financial planning and decision-making.
Lead corporate and regional procurement initiatives from strategy development through execution.
Collaborate cross-functionally with Operations, Supply Chain, Sales, R&D, Finance, Regulatory, and Quality teams to ensure alignment of procurement strategies with business objectives.
Develop and maintain strong supplier relationships, represent the organization in negotiations, and identify new sources of supply to strengthen the supply base.
Establish and manage supplier performance programs using KPIs, scorecards, and regular business reviews; drive continuous improvement and resolve supplier issues effectively.
Maintain procurement policies, procedures, and best practices to ensure efficiency, compliance, and continuous improvement.
Promote innovation, sustainability, and continuous improvement across the supply base.
Partners with the Sustainability team to advance responsible sourcing practices and support environmental and corporate sustainability objectives
Required Competencies & Knowledge:
Knowledge/Skills Required:
Bachelor's degree in finance, supply chain management, economics, or a related field.
3+ years of experience in commodity risk management, procurement, or related fields.
Strong analytical and quantitative skills, including data analysis and modeling proficiency.
Knowledge of commodity markets, pricing mechanisms, and supply chain dynamics.
Familiarity with risk management tools, such as hedging and derivatives.
Excellent communication and negotiation skills.
Proficiency in relevant software tools and systems.
Experience with SAP.
Proficiency in MS Office, particularly Word, PowerPoint, and advanced Excel skills.
Minimum of 5 years of strategic procurement experience in manufacturing, MRO, facilities, corporate services, or indirect categories.
Familiarity with the food industry and manufacturing practices is an asset.
Experience with sustainability programs is an asset; this role partners with the Sustainability team to advance responsible sourcing practices and support environmental and corporate sustainability objectives
Conflict resolution experience.
Prioritization skills based on short and long-term objectives.
Data analysis and presentation to multiple organizational levels.
Influence management skills.
Change management skills.
Project management skills.
Effective verbal and written communication.
Multi-tasking capability.
Collaborative relationship-building with industry, trade, associations, regulatory agencies, and cross-functional staff.
Demonstrated leadership in safety, quality, and policy adherence.
Adaptability to a fast-paced environment.
The pay range for this full-time, salaried position is $97,210-$133,663/year. Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. The position is eligible for a discretionary annual incentive based on company and individual performance. We offer a comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.
#LI-JO1
#Remote
Maker's Pride is an Equal Opportunity Employer.
Commodity & Market Risk Management:
Monitor and analyze global and regional commodity markets to identify risks and opportunities impacting pricing and supply availability.
Assess the effects of market volatility, geopolitical events, and supply chain disruptions on procurement strategies and business performance.
Develop and implement risk mitigation strategies including hedging, forward contracts, and supply chain diversification.
Build and maintain analytical models to forecast commodity trends and evaluate key cost drivers using market intelligence and historical data.
Generate and present regular reports and dashboards summarizing commodity exposure, procurement performance, and mitigation actions to senior leadership.
Partner cross-functionally with Finance, Operations, and other stakeholders to align risk management strategies with overall business objectives.
General Job Responsibilities:
Lead end-to-end procurement activities including sourcing, negotiations, supplier selection, and contract management.
Manage international and cross-border sourcing activities, including logistics coordination for materials and services outside of the US and Canada.
Develop and execute procurement strategies that optimize costs, improve supplier performance, and support organizational goals.
Implement strategic sourcing processes including RFIs, RFQs, and RFPs, ensuring supplier selection aligns with defined criteria and business needs.
Drive cost control and cost reduction initiatives while maintaining uninterrupted supply of goods and services.
Partner with Finance and Continuous Improvement teams to develop annual operating plans, budgets, and cost savings pipelines; track performance and implement corrective actions as needed.
Own standard cost development and analyze spend, market trends, and historical data to support financial planning and decision-making.
Lead corporate and regional procurement initiatives from strategy development through execution.
Collaborate cross-functionally with Operations, Supply Chain, Sales, R&D, Finance, Regulatory, and Quality teams to ensure alignment of procurement strategies with business objectives.
Develop and maintain strong supplier relationships, represent the organization in negotiations, and identify new sources of supply to strengthen the supply base.
Establish and manage supplier performance programs using KPIs, scorecards, and regular business reviews; drive continuous improvement and resolve supplier issues effectively.
Maintain procurement policies, procedures, and best practices to ensure efficiency, compliance, and continuous improvement.
Promote innovation, sustainability, and continuous improvement across the supply base.
Partners with the Sustainability team to advance responsible sourcing practices and support environmental and corporate sustainability objectives
Required Competencies & Knowledge:
Knowledge/Skills Required:
Bachelor's degree in finance, supply chain management, economics, or a related field.
3+ years of experience in commodity risk management, procurement, or related fields.
Strong analytical and quantitative skills, including data analysis and modeling proficiency.
Knowledge of commodity markets, pricing mechanisms, and supply chain dynamics.
Familiarity with risk management tools, such as hedging and derivatives.
Excellent communication and negotiation skills.
Proficiency in relevant software tools and systems.
Experience with SAP.
Proficiency in MS Office, particularly Word, PowerPoint, and advanced Excel skills.
Minimum of 5 years of strategic procurement experience in manufacturing, MRO, facilities, corporate services, or indirect categories.
Familiarity with the food industry and manufacturing practices is an asset.
Experience with sustainability programs is an asset; this role partners with the Sustainability team to advance responsible sourcing practices and support environmental and corporate sustainability objectives
Conflict resolution experience.
Prioritization skills based on short and long-term objectives.
Data analysis and presentation to multiple organizational levels.
Influence management skills.
Change management skills.
Project management skills.
Effective verbal and written communication.
Multi-tasking capability.
Collaborative relationship-building with industry, trade, associations, regulatory agencies, and cross-functional staff.
Demonstrated leadership in safety, quality, and policy adherence.
Adaptability to a fast-paced environment.
The pay range for this full-time, salaried position is $97,210-$133,663/year. Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. The position is eligible for a discretionary annual incentive based on company and individual performance. We offer a comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.
#LI-JO1
#Remote
Maker's Pride is an Equal Opportunity Employer.