Procurement Category Manager

3 days ago

Siloam Springs, Arkansas, United States Simmons Foods, Inc. Full time
Job Summary

We are seeking a highly skilled Procurement Category Manager to oversee the total business unit procurement for one or multiple categories. The successful candidate will develop and execute category strategies to secure and deliver long-term total quality, on-time delivery, cost efficiency, and sustainability of direct material supply throughout the total product lifecycle for the assigned commodities.

Key Responsibilities
  • Develop and lead the sourcing process for assigned category(s) to create long-term value and mitigate risk.
  • Direct responsibility for the entire sourcing process, including development and execution of sourcing strategies, cost negotiation, and development and management of supplier relationships.
  • Set direction and drive execution for all sourcing events for assigned categories, analyzing supplier quotations, negotiating contract terms, and awarding business based on quality, service, and best total value to the company.
  • Develop relationships and work closely with internal stakeholders to mutually define needs/requirements to drive the sourcing process across the organization, maintaining compliance with corporate policies, regulatory, and legal requirements.
  • Monitor and drive compliance on regulatory issues where necessary, leveraging in-depth technical knowledge regarding the manufacturing of the various category(s) to drive sustainable offerings and provide alternate category structures that support operational, sales, and customer mandates.
  • Develop a solid understanding of industry-related to assigned categories, including costs, demand-supply drivers, and trends, and leverage this knowledge to create a competitive advantage.
  • Establish a collaborative relationship with existing and new suppliers and develop strategic business plans with key supplier partners to move the business forward.
  • Negotiate with external suppliers to secure supply, deliver cost savings, and advantageous terms, reviewing existing contracts to improve terms and preparing for renegotiations at the end of the term.
  • Coordinate with the legal team on contract and other pertinent business issues in the best interest of the business.
  • Analyze volume forecasts and trends for items/categories, identify opportunities, and initiate sourcing activities to address any gaps or overages in supply for assigned categories.
  • Create and oversee the management of Key Performance Indicators to create an environment of continuous improvement, identify exceptions and opportunities, and drive corrective action where needed.
  • Deliver and track productivity cost savings year over year on key categories.
  • Communicate and align category sourcing strategies with key business stakeholders.
  • Develop and execute strategic projects to achieve a sustainable competitive advantage.
  • Manage any new product development introductions, ensuring on-time delivery, quality adherence, and on-budget.
  • Conduct various supplier plant audits in conjunction with other key stakeholders.
  • Travel to company-owned facilities, suppliers, trade shows, etc., as required to effectively manage assigned categories.
Requirements
  • 5-7 years' experience in purchasing, with category materials experience highly preferred.
  • Extensive experience relative to managing a SKU-intensive environment.
  • In-depth knowledge of manufacturing and category product knowledge preferred.
  • Excellent organizational, communication, and computer skills, including Microsoft Office Suite.
  • Consumer category background with a broad knowledge base on key category manufacturers in the industry.
  • Bachelor's Degree in Business or related field, or 4 years related work experience.
  • Designated Supply Chain Management Professional (SCMP) or equivalent, MBA preferred.

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