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Strategic Sourcing Leader

2 months ago

Wyomissing, Pennsylvania, United States PENN Entertainment Full time
About the Role

We are seeking a highly skilled and experienced Director of Food Procurement to join our team at PENN Entertainment. As a key member of our procurement team, you will be responsible for leading and directing efforts in designated commodity groups to optimize costs, improve quality, and enhance innovation through strategic sourcing initiatives.

Key Responsibilities
  • Develop and implement procurement and distribution strategies for our multi-business unit gaming company.
  • Analyze market trends, benchmarks for best practice, and assist with specification development.
  • Drive strategic cost management requiring extensive cross-functional interface within the business units and corporate offices.
  • Furnish procurement analysis and cost data for planning, budgeting, and other functional duties.
  • Direct and lead strategic sourcing process across corporate and multi-business unit sites with a specific focus on distributor, manufacturer, and GPO strategies across all F&B categories.
  • Establish measurable objectives and reports.
  • Advises and guides management in all company purchase decisions, such as price quotes and product quality to ensure the highest level of expertise pertaining to materials management.
  • Responsible for achieving financial and KPI's tied to the position.
  • Works with functional and operational leadership to create appropriate specifications, determine prioritized objectives and strategies, assess risks, and cost/budget objectives.
  • Develop and administer supplier development plans.
  • Conduct formal business reviews with suppliers.
  • Writes and negotiates contracts.
  • Monitors cost trends for key commodity groups.
  • Researches and evaluates suppliers based on price/cost, service standards, quality standards, capability, and strategic match.
  • Negotiates and resolves disputes and performance issues and provides feedback to operational/functional leadership.
  • Performs appropriate budgetary, administrative, and human resources management functions for the department, employee development, performance management, salary reviews. Coaches team members.
Requirements
  • Must possess a Bachelor's Degree. Master's Degree a plus.
  • 6+ years of Food & Beverage experience in a strategic sourcing or procurement role.
  • 3+ years of management experience required.
  • Ability to travel 10-25% to PENN Entertainment property and corporate office locations.
  • GPO experience preferred.
  • Must have proven track record of creating and implementing strategic sourcing initiatives in a medium to large size corporate environment with multiple business units in different states.
  • Must be eligible for, or able to obtain a gaming license in multiple jurisdictions.
  • Must have demonstrated performance in supply chain management from demand planning to sourcing strategy development, logistics definition and criteria, comprehensive requests for proposal, source selection criteria, negotiations, and post award administration.
  • Demonstrated ability to work collaboratively across multifunctional teams in multiple geographies.
  • Ability to communicate effectively with all levels of employees, as well as outside contacts.
  • Ability to review and comprehend all necessary documentation.
  • Ability to perform and understand financial analysis and total cost of ownership factors. Demonstrated analytical and contractual background.
  • Ability to observe and direct actions of subordinates.
  • Must be able to use a computer keyboard.
  • Must be able to effectively communicate in English both orally and written.
Additional Requirements
  • Ability to perform and understand financial analysis and total cost of ownership factors.
  • Ability to be proactive in anticipating and managing risk factors.
  • Strong negotiation and contract law skills across a variety of contract types.
  • Experience in direct work with internal customer cross-functional groups is required.
  • Complete knowledge establishing corporate national contracts.
  • Must demonstrate knowledge of procure-to-pay systems.
  • Well established negotiating and communication skills.
  • Must be at least 21 years old.
Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Must be able to drive and travel by air to all other PENN Entertainment properties.