Senior Vice President, Procurement and Planning
4 months ago
Our Client is seeking a dynamic Senior Vice President of Procurement and Planning to join our team in Little Rock, Arkansas. This pivotal role involves crafting and executing strategies to drive cost efficiency, manage vendor relationships, mitigate risks, and oversee the procurement of all non-commodity items across our Client's manufacturing facilities. Additionally, you will lead our Scheduling and Planning as well as our Co-Manufacturing departments.
Key Responsibilities:
- Performance Metrics: Establish and maintain performance metrics for procurement, planning/scheduling, and co-manufacturing activities, including supplier performance and quality, order placement, forecast accuracy, and material shortage elimination.
- Cross-Functional Leadership: Collaborate with multiple departments to commercialize new products and customers, optimize product lifecycle processes, and draft and implement procurement policies.
- Supply Chain Setup: Set up new supply chains and manage outsourced manufacturing relationships through contract execution and administration.
- S&OP Process: Lead and standardize the Sales & Operation Planning (S&OP) process, ensuring cross-functional engagement and participation.
- Best Practices: Develop and integrate best business practices for supply chain planning and scheduling across all domestic manufacturing facilities.
- Supplier Partnership: Foster strong partnerships with suppliers to ensure product and service standards are met or exceeded, managing supplier performance through a formalized relationship management program.
- Resource Planning: Develop and manage procurement budgets, forecasts, and financial plans.
- Strategic Sourcing: Lead strategic sourcing and supplier relationship management for ingredients, packaging, and indirect goods and services.
- Cross-Functional Collaboration: Partner with Operations and Finance teams to identify and implement continuous improvement opportunities to reduce costs and inventory.
- Risk Management: Work with the EVP of Supply Chain to define risk management and financial reporting systems.
- Talent Development: Build, develop, and retain a high-performing team, driving performance and talent management initiatives.
Qualifications:
- 15+ years of experience in Supply Chain management, with a focus on commodities processing.
- Bachelor's degree or higher in Business, Finance, Supply Chain, Food Science, or a related field.
- Advanced understanding of inventory management, sourcing, and services procurement.
- Proven management experience in commodities procurement, trading, and logistics within the food and beverage sector. Knowledge of futures and options trading is a plus.
- Budgeting and financial planning experience required.
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