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Supply Chain Specialist
2 months ago
About the Role
This position is responsible for the strategic management of specific categories for commodity products. Develop and initiate active management for designated categories with total value equal to or less than $75 million. Actively identify and develop plans to ensure supply and price competitiveness. Negotiate cost savings and implement productivity ideas that contribute to the functional goals of the procurement team.
Responsibilities and Duties
- Develop category strategies and business continuity plans for assigned categories
- Build and maintain category intelligence through extensive research and relationship building with supply partners and key individuals in the supply community
- Manage and develop supplier portfolio in accordance with aligned strategies, taking into account performance, risk, and the need to maintain a competitive environment
- Formulate cost-effective supply-based strategies
- Drive value through productivity, supplier resources, untapped synergies, and/or process improvements across all managed categories, contributing to the achievement of annual procurement department and corporate savings goals
- Continual tracking and management of all managed goods, cost drivers, and relevant commodity markets
- Establish relationships with suppliers who have the capabilities and capacities that meet Domino's specifications, superior service, and competitive prices
- Develop contacts with each supplier in all relevant areas for special requests/assistance when needed
- Develop key relationships with internal stakeholders, driving key category strategies and program execution
- Make necessary changes in the supplier base when business cases dictate
- Support marketing innovation projects with category intelligence and supply relationships to execute new products or changes to existing menu items
- Project management of procurement-driven projects and cross-functional projects with enhanced procurement involvement
- Develop mastery of assigned commodities and associated global market dynamics
- Provide forward-looking risk sensitivity analysis for assigned commodities
- Lead and direct the risk management strategy for assigned commodities to manage market fluctuations and mitigate volatility
- Contribute to internal/external commodity reporting, presentation, and recommendation requirements
Qualifications
- Bachelor's Degree - preferably in Business, Purchasing, Economics, Supply Chain Management, or Marketing
- Minimum 4 to 8 years of experience in procurement and/or marketing with emphasis in product/category management for the food service industry (or other applicable experience)
- Understanding of global agricultural markets and managing the risk thereof via derivatives, OTCs, and other risk management strategies
- Strong oral, written, and presentation communication skills
- Manage internal and external relationships
- Execute, prioritize, and drive multiple priorities without losing focus or momentum
- Creative thinking/problem-solving capabilities
- Strong analytical skills
- Proficient in MS Office products
- Must be a team player and work well in cross-functional teams