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Strategic Sourcing Manager, Packaging
1 month ago
This role is 100% on-site in our Carmel, IN office.
The Strategic Sourcing Manager leads the development and implementation of category strategy for direct material packaging aligned with stakeholder and business needs, driving overall value for Heartland Food Products Group. Accountable to deliver the Annual Operating Plan target, the Strategic Sourcing Manager builds and executes negotiation plans to leverage volume and ensure optimal value. Responsible for developing, maintaining, and optimizing relationships with key suppliers, the strategic Sourcing Manager drives value, reduces cost with an entrepreneurial mindset that ensures a reliable supply chain.
Key Responsibilities- Improve Sourcing Management/Process
- Enable new innovative/entrepreneurial processes and tools to drive efficiencies in communication and tracking to drive seamless sourcing management.
- Strategy Development & Execution
- Develop and implement category strategies, utilizing strategic sourcing processes and tools.
- Lead market discovery activities, utilizing support of resource analyst team, to maintain a strong understanding of potential suppliers within a category, key capabilities, and competitive level.
- Build & execute negotiation strategy which may include competitive bid events or other sourcing and negotiation tools.
- Collaborate with organizational stakeholders and leadership to ensure alignment and buy-in of category and negotiation strategy next steps.
- Adjust strategies in real time to ensure an accurate view in team cloud-based reporting tools.
- Savings Delivery & Annual Operating Plan Budget
- Summarize and present negotiation status and results to leadership and key internal stakeholders.
- Ensure negotiated pricing loaded into Heartland's ERP system to support ordering activities.
- Prepare and present Annual Operating Plan budget for responsible categories.
- Ensure accurate savings project outlook and results delivered to Finance.
- Maintain project and negotiation status updates in real time to ensure an accurate view in team cloud-based reporting tools.
- Supplier Relationship Management
- Prepare and review supplier scorecards, review with suppliers in Quarterly Business Review meetings to ensure accountability for overall Quality, Delivery and Financial performance.
- Resolve material supply gaps and quality issues as escalated by the buying team.
- Drive risk analysis and mitigation for all material categories including capacity analysis, business continuity planning, financial risk review.
- Ensure compliance with policies and procedures, including ethical and legal guidelines.