Commodity Procurement Manager
3 weeks ago
UNDERSTANDING
The Commodity Manager is a strategic thinker who develops long-term, cost-effective solutions for the acquisition of commodities, while ensuring a high level of quality. The Commodity Manager is responsible for deploying the strategy for the assigned commodities. The role of the Commodity Manager is to manage relationship / negotiation with suppliers, source new suppliers, and ensure supplier performance.
The successful Commodity Manager will have extensive knowledge of commodity procurement processes, excellent negotiation skills, a strong understanding of cost savings metrics, and be a team player with an ability to build relationships both within Albanese and with our valued suppliers.
CORE VALUES
Our 5 Core Values are more than just words, they're a way of life. We know that companies with a strong culture & a higher purpose perform better in the long run.
- Own It
- Hustle and Refuse to Settle
- Love People
- Act for the Greater Good
- Find a way
- Execute commodity strategy with ownership to support business strategy and operations with optimum quality, deliver (customer service), and cost across business.
- Evaluates vendor quotes and services to determine the most desirable suppliers.
- Build on long term supplier relationships to ensure that supplier partnerships remain fair and ensure that Albanese is maximizing its partnerships.
- Sources ingredients/suppliers for new projects/custom items.
- Maintain and manage existing supply agreements with key suppliers, lead in negotiating price, quality, and delivery expectations on both short-term and longer-term agreements.
- Work with Supply Chain to drive and execute supplier scorecards and review with key suppliers on a quarterly basis.
- Support escalated supplier issues in terms of delivery and quality by working with supply chain for resolution.
- Support achieving the overall category targets and objective to attain overall budget performance as well as expected internal/external performance for best quality, delivery, and cost.
- Drive and innovate supplier improvements and performance by identifying and implementing solutions to business problems, and cross-functional within assigned categories.
- Drive continuous improvement in all aspects of procurement (e.g.: supplier improvements, recommend new sources of supply).
- Support development of standardization, guidelines, and policy compliance requirements
- Negotiate contracts, policies, and deadlines with suppliers and vendors
- Monitor prices by product and vendor to predict and account for financial fluctuations and communicate fluctuations to stake holders.
- Assist in managing staff and vendors for timely arrival of products and goods.
- Participate in industry conferences
- Other duties as assigned
- Reports to Ownership.
- Communicates regularly and has a strong relationship with team members in multiple departments.
- Communicates and meets periodically with other departmental leaders.
- Excellent interpersonal skills - team player
- Self-motivated and self-starter
- Good verbal and written communication skills
- Must be detailed oriented
- Knowledge of production and processing
- Great verbal, written, and presentation communication skills
- 5+ years in commodity procurement required
- High School Diploma is required
- Bachelor's Degree preferred but not required
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