Winland Foods, Inc.
Procurement Manager, Agricultural Commodities
Winland Foods, Inc., Oak Brook, Illinois, United States, 60523
Procurement Manager, Agricultural Commodities
This position is responsible for managing a number of commodity & ingredient categories that may include Corn & Eggs among other agricultural based commodities (soybeans/wheat etc). Supporting the manufacturing network of ~14 private label food manufacturing facilities, and responsible for category ownership including sourcing new vendors, monitoring futures markets, vendor relationship management, negotiating supply & best in class pricing, supporting quality and RDI initiatives and ensuring continuity of supply for all plants. Employee Type:
Full time Location:
US Works from Home Job Type:
Supply Chain Procurement Job Posting Title:
Procurement Manager, Agricultural Commodities Job Description:
Role and responsibilities: Superior understanding of market dynamics related to assigned commodity portfolios, quick decision-making abilities to enable strategic positions for large dollar scale categories along with understanding freight and inventory logistics to attain lowest total cost of ownership for production facilities. Lead category strategy, sourcing & vendor negotiations and execute risk management strategy for various commodities. Understanding and analysis of agricultural commodity futures and derivatives markets & mechanisms. Participate in cross functional group settings to optimize ingredient supplier selection and qualification. Negotiate in close coordination with the various Procurement Managers & Material planners/managers for local volumes, processes, quality levels and prices to achieve optimal supply agreements. Act as market expert to internal and external stakeholders. Includes both written and verbal communications as needed. Monitor plant usage patterns and formulate buying strategies based on past usage and future forecasts. Work closely with supply chain and planning teams to maintain plant production schedules as well as administer vendor relationships arising from logistic challenges. Produce ingredient and commodity price forecasts for all the business, and monitor that price risk against budgeted line item prices and usage. Initiate cost savings objectives, drive them through the business, and seek to complete high percentage of approvals. Provide subject matter expertise while working with stakeholders and Legal in negotiation of vendor contracts. Ensuring vendor compliance with company purchasing and quality policies. The structure of this role will include but not be limited to the following: Monitor and analyze assigned ingredient and commodity markets (25%) Forecast prices and communicate commodity positions (15%) Identify suppliers on a global basis for strategic sourcing of food ingredients (15%) Managing supply and quality problems/issues at plants (10%) Ensuring vendor compliance with company purchasing and quality policies (10%) Negotiate with suppliers to achieve optimal supply agreements (10%) Provide market & pricing documentation to support PPV detail (10%) Communicate ingredient strategy as requested (5%) Qualifications: Bachelor’s Degree Required 3-5 years of procurement experience in the CPG food manufacturing industry Prior agricultural commodity experience Ability to present recommendations and analysis to all levels of leadership Strong technical and analytical skills Excellent negotiation skills Self-motivated individual with a strong work ethic both autonomous and collaborative in a team environment Intermediate to Advanced Microsoft Excel & PowerPoint Experience with Sourcing tools such as Mintec, Keelvar and Power BI reporting Excellent proficiency in SAP ERP applications Travel 15 - 25% EEO Statement: Winland Foods believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit develop, and retain the most talented people from a diverse candidate pool. Winland Foods is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law.
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This position is responsible for managing a number of commodity & ingredient categories that may include Corn & Eggs among other agricultural based commodities (soybeans/wheat etc). Supporting the manufacturing network of ~14 private label food manufacturing facilities, and responsible for category ownership including sourcing new vendors, monitoring futures markets, vendor relationship management, negotiating supply & best in class pricing, supporting quality and RDI initiatives and ensuring continuity of supply for all plants. Employee Type:
Full time Location:
US Works from Home Job Type:
Supply Chain Procurement Job Posting Title:
Procurement Manager, Agricultural Commodities Job Description:
Role and responsibilities: Superior understanding of market dynamics related to assigned commodity portfolios, quick decision-making abilities to enable strategic positions for large dollar scale categories along with understanding freight and inventory logistics to attain lowest total cost of ownership for production facilities. Lead category strategy, sourcing & vendor negotiations and execute risk management strategy for various commodities. Understanding and analysis of agricultural commodity futures and derivatives markets & mechanisms. Participate in cross functional group settings to optimize ingredient supplier selection and qualification. Negotiate in close coordination with the various Procurement Managers & Material planners/managers for local volumes, processes, quality levels and prices to achieve optimal supply agreements. Act as market expert to internal and external stakeholders. Includes both written and verbal communications as needed. Monitor plant usage patterns and formulate buying strategies based on past usage and future forecasts. Work closely with supply chain and planning teams to maintain plant production schedules as well as administer vendor relationships arising from logistic challenges. Produce ingredient and commodity price forecasts for all the business, and monitor that price risk against budgeted line item prices and usage. Initiate cost savings objectives, drive them through the business, and seek to complete high percentage of approvals. Provide subject matter expertise while working with stakeholders and Legal in negotiation of vendor contracts. Ensuring vendor compliance with company purchasing and quality policies. The structure of this role will include but not be limited to the following: Monitor and analyze assigned ingredient and commodity markets (25%) Forecast prices and communicate commodity positions (15%) Identify suppliers on a global basis for strategic sourcing of food ingredients (15%) Managing supply and quality problems/issues at plants (10%) Ensuring vendor compliance with company purchasing and quality policies (10%) Negotiate with suppliers to achieve optimal supply agreements (10%) Provide market & pricing documentation to support PPV detail (10%) Communicate ingredient strategy as requested (5%) Qualifications: Bachelor’s Degree Required 3-5 years of procurement experience in the CPG food manufacturing industry Prior agricultural commodity experience Ability to present recommendations and analysis to all levels of leadership Strong technical and analytical skills Excellent negotiation skills Self-motivated individual with a strong work ethic both autonomous and collaborative in a team environment Intermediate to Advanced Microsoft Excel & PowerPoint Experience with Sourcing tools such as Mintec, Keelvar and Power BI reporting Excellent proficiency in SAP ERP applications Travel 15 - 25% EEO Statement: Winland Foods believes that diversity and inclusion among our teammates is critical to our success as a global company, and we seek to recruit develop, and retain the most talented people from a diverse candidate pool. Winland Foods is committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants and teammates without regard to race, color, religion, sex, pregnancy, national origin, age, physical and mental disability, marital status, sexual orientation, gender identity, gender expression, genetic information, military and veteran status, and any other characteristic protected by applicable law.
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