Sr. Manager, Direct Procurement

2 months ago

Miami, Florida, United States Restaurant Brands Full time

About Restaurant Brands International:

Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $40 billion in annual system-wide sales and over 30,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS, BURGER KING, POPEYES, and FIREHOUSE SUBS. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.

This position will be responsible for negotiating price and assuring supply for food, beverage, and paper categories. They will use market intelligence, competitive benchmarking, and financial models for key items to deliver a best-in-class cost structure for franchisees. They will develop relationships with critical stakeholders throughout the supply chain and internal functional support teams.

Responsibilities:

  • Develops and executes procurement strategy that aligns with business strategy for assigned categories, prioritizing optimal cost structure, risk management and contingency planning, and quality/product performance
  • Ensures alignment of procurement strategies and execution plans with business leaders and franchisees
  • Researches, analyzes, and interprets industry and market trends
  • Develops working knowledge of market dynamics within each product category to bring insights back to internal stakeholders
  • Develops competitive benchmarks and financial models to analyze offers and deals to determine viability and profitability
  • Assesses business risks associated with the procurement of goods or services in assigned categories and ensures transparency of risk to organization
  • Sources, onboards, and nurtures new vendors while also managing the termination of vendors, when applicable
  • Leverage enterprise scale by working with RBI procurement teams to maximize franchisee profitability
  • Facilitate supply chain solutions for product innovation, market tests, sustainability, and other strategic initiatives
  • Measures supplier performance, identifies performance improvement initiatives and supports corrective actions as required
  • Assesses commodity hedging strategies relevant to categories and executes hedges with raw material suppliers to provide supply stability and improve profitability
  • Work closely with finance team to provide insight into cost trends, including food and packaging cost, spend/usage, commodity trends, and cost savings initiatives
  • Acts as point of contact with assigned vendors to resolve issues impacting supply, improve performance, and bring innovation

Qualifications:

  • Bachelor's degree in Business Administration, Finance, Supply Chain or Engineering preferred
  • MBA with Supply Chain or Finance specialization or CPA/CFA designation preferred
  • 5+ years of progressive experience in Supply Chain, Operations or Procurement in hospitality or manufacturing
  • Team player with strong communication and problem-solving skills as well as leadership capabilities
  • Develops financial models to analyze deals and offers to determine viability and profitability
  • Strong analytical skills (researching, analyzing and interpreting data)
  • Exceptional organizational abilities, time management and interpersonal skills
  • Category specific purchasing experience preferred
  • QSR, food processing, retail or CPG experience preferred
  • Advanced level in Microsoft Office (Excel, PowerPoint, etc.)

Restaurant Brands International and all of its affiliated companies (collectively, RBI) are equal opportunity and affirmative action employers that do not discriminate on the basis of race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or veteran status, or any other characteristic protected by local, state, provincial or federal laws, rules, or regulations. RBI's policy applies to all terms and conditions of employment. Accommodation is available for applicants with disabilities upon request.

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