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Interim VP of Procurement
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Sr. Director, Indirect Procurement
2 months ago
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For more than 115 years, Ferrara has created sugar confections that enable moments of sweetness, celebration, and connection for candy lovers of all generations. Today, the company is the #1 sugar confectioner in the United States. Ferrara boasts a passionate team of nearly 9,000 employees creating and delivering hundreds of products sold under 20 popular brands like Brach’s, NERDS, SweeTARTS, Laffy Taffy, and Trolli to more than 66 million U.S. households annually and popular Dori snacking products under brands such as Dori, Gomets, Pettiz, and Yogurte 100 in Brazil. Additionally, Jelly Belly, known world-wide for its confections, was acquired in November of 2023.
Job Location: Chicago
This role is based out of our corporate HQ located in downtown Chicago and will be a hybrid in-person/remote role.
Want to make an impact?
Reporting directly to the VP of Procurement, this role will be charged with leading the indirect team to support several functional areas. Primary responsibility includes leading a team of category managers that support procurement activities related to HR, IT, Marketing, Sales, Finance, T&E, other professional services and factory and warehouse maintenance, facilities and energy. These categories have an annual spend of approximately $400MM. In addition, this position is also responsible for indirect procurement operational activities like spend analytics, supplier diversity program and PO management activities. A key responsibility for this position also includes leading the implementation of SAP process automation and Ariba on behalf of indirect procurement.
The role is based in Chicago, Illinois and will require minimal travel outside the greater Chicago area (
Ways you will make a difference
Supports senior leadership team members at Ferrara across several functional areas with their procurement needs. Becomes a key partner for the senior leadership team and other senior stakeholders.
Maintains a high level of professionalism while supporting the organization.
Demonstrates an understanding of business needs and requirements.
Directs the indirect team towards efforts that are aligned with Ferrara leadership’s goals.
Works in partnership with key stakeholders to ensure their requirements are being met by their indirect category managers.
Develops a culture of service and support for Ferrara stakeholders
Is a mentor and coach
Provides the guidance and support needed to make the team successful
Category Leadership
Responsible for all aspects of the indirect team’s focus on category management including developing category strategies and executing sourcing events.
Leads category spend analysis and supplier segmentation.
Responsible for the indirect procurement policies and processes
Responsible for reporting value realization by the team
Supports and leads RFx processes and category management, if needed
Develops a deep level of understanding of the global supply base.
Responsible to ensure all risk, compliance and legal requirements related to procurement are followed
Encourages the use of diverse suppliers in the sourcing process
Supports environmental and sustainability requirements as needed
Involves sister-company Ferrero stakeholders as needed for sourcing requirements
Driving Value to the Organization
Works with leadership to set value targets for the team
Value can include savings, cost avoidance, payment term extension and continuous improvement and productivity efforts among others.
Manages the Diesel hedge program to set the diesel budget price for the upcoming year
Manages and develops strategic supplier alliances with a select group of suppliers to assure a preferred status for Ferrara in negotiations
Supports supplier relationship management activities as needed
Manages the supplier diversity program and relationship with supplier diversity organizations
Operational and Automation Support
For indirect procurement related requirements, leads the on-going initiative to automate the req-to-pay processes including implementation of Ariba and a new contract management solution
Leads the indirect procurement spend analytics process to maintain access to accurate category level spend data
Provides support for on-going PO management activities
Supports on-going special projects related to reporting requirements
Skills that will make you successful
Knowledge of indirect category procurement strategies and processes within a manufacturing environment
Procurement knowledge: Deep understanding of procurement category management, stakeholder management and negotiations; have a desire to continually learn about evolving procurement opportunities
Strong interpersonal skills: empathy, integrity, enthusiasm, collaborative, driving consensus
Strong written and oral communication skills.
Strong listening skills and ability to work with senior leaders – inside and outside of the organization - to understand their goals and objectives; share project objectives and progress in a clear concise manner.
Strong analytical and presentation skills: have a strong ability to analyze significant amount of data and summarize findings or options for senior leadership
Strategic thinking: able to “see around corners,” synthesize insights from disparate data sources, and present recommendations and alternatives.
Desire to be a supportive and proactive business partner across the organization.
Ability to show resilience over time and collaborate across multiple functions and organizational levels
Strong team leadership and management skills
Experiences that will support your success
At least 12 years of experience in procurement in a manufacturing environment
At least 5 years of team leadership
Experience within an SAP-based ERP environment
Experience in Procurement within an international multi-site manufacturing and brand-based corporate environment
Experience managing a team
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Ferrara’s success in industry-leading innovation has been driven by deep consumer insights, strong retailer co-creation and partnerships, and a dedication to diversity of thought, experience, and people. A privately held company, Ferrara has its global headquarters in Chicago and an operational network of more than 27 locations in North America, Brazil, and China that includes manufacturing, distribution, sales, and R&D facilities. Ferrara is a privately held Ferrero related company. Learn more at www.ferrara.com
or www.linkedin.com/company/ferrara- .
EQUAL OPPORTUNITY
We are proud to be an equal opportunity employer. In order to provide equal employment and advancement opportunities to all qualified applicants and employees, employment decisions and opportunities at Ferrara will be based on merit, qualifications, and abilities, without regard to race, color, creed, religion, sex, sexual orientation, gender identity and expression, marital or civil union status, national origin, ancestry, citizenship, age, military or veteran status, disability, handicap, genetic information, pregnancy (childbirth or related medical condition), or on any other basis prohibited by law. This policy governs all aspects of employment, including selection, job assignment, compensation, discipline, termination, and access to benefits and training.
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