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Procurement Manager for Packaging

4 weeks ago

Chicago, Illinois, United States Fairlife Full time
Job Title: Sr. Procurement Manager, Packaging

At Fairlife, LLC, we are seeking a highly skilled and experienced Sr. Procurement Manager, Packaging to lead our strategic sourcing and procurement operations for the entirety of the packaging portfolio. This role is responsible for managing and overseeing the development and execution of sourcing strategies that align with our company's strategic objectives.

Key Responsibilities:

  • Lead all procurement and category management activities for Packaging spend at Fairlife.
  • Identify, develop, and implement sourcing strategies that reduce total delivered cost, mitigate inflationary headwinds, and bolster security of supply.
  • Manage supplier performance through routine business reviews and cross-functional scorecard evaluation process.
  • Identify risks and vulnerabilities within packaging supply base and develop risk mitigation strategies to build a more resilient supply chain.
  • Lead Request for Proposal (RFP) process to ensure consistent lowest total cost of ownership.
  • Develop and execute vendor agreements in close collaboration with Legal Team.
  • Assist in the development and management of annual material cost budgets.
  • Analyze and forecast market inflation trends and work to address any price variances to budget.
  • Support Packaging Engineering Team in innovation and sustainability projects involving supplier & material selection.
  • Develop a supply base which creates and sustains a competitive advantage, enabling strong supply chain resilience while effectively leveraging spend, and driving innovation & sustainability.
  • Monitor, track and report on savings and key performance indicators for category.
  • Develop resin hedging strategies that are based on fundamental economic analysis, reduce volatility, and provide cost certainty.
  • Stays abreast of industry trends, supplier capabilities, and emerging technologies within the packaging industry.
  • Support new packaging development projects, including supplier selection and qualification.
  • Resolve any unforeseen problems with suppliers relating to operations, purchasing or quality/performance.
  • Collaborate with Planning Team on inventory flow & order optimization opportunities.

Requirements:

  • Bachelor's Degree (Preferably in Supply Chain, Procurement, Finance or Engineering).
  • +7 years' experience performing strategic sourcing.
  • Sound technical knowledge in packaging categories for beverage/CPG, including rigid packaging (preforms and closures), flexible packaging (shrink sleeves, shrink film, stretch film) and fiber packaging (corrugate and paperboard).
  • Demonstrated track-record of executing year-over-year cost savings initiatives and ability to develop a cost savings project pipeline.
  • Category management capabilities to mobilize cross-functional teams to mitigate risk and deliver value.
  • Ability to effectively negotiate and influence business decisions.
  • Proactive business results-focus, and proven ability to provide insights that generate value.
  • Strategic thinker that is focused on winning today AND building for the future.
  • Able to thrive in a dynamic and fast-moving environment, eager to partner, create value-based relationships with team members up, down and across the organization.

Location: Chicago, IL

Reports to: VP, Procurement & Commodities

Travel Requirements: 35%

Exempt/Nonexempt: Exempt

Equal Opportunity Employer: Fairlife, LLC is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. All qualified applicants and employees will be given equal opportunity. Selection decisions are based on job-related factors.

Accommodation for Disabilities: In addition to its nondiscrimination commitment, the Company will also provide reasonable accommodation of qualified individuals with known disabilities unless doing so would impose an undue hardship on the Company. If you have a disability and would like to request accommodation in order to apply for a position with us, please email careers@fairlife.com.