Procurement Manager

B&G Foods•Parsippany, NJ

About The Position

The Procurement Manager leads in the development and execution of procurement strategies. This person plays a key role in managing supply partners, supply, cost, and risk for food ingredients, spices, and commodities that support the B&G Foods manufacturing network. A successful Procurement Manager will build and manage a strong and dynamic portfolio and will play a critical role in the company’s ability to deliver safe, quality, and cost-effective products.

Requirements

  • Bachelor's degree (BA/BS) in business-related discipline (i.e. business, economics, finance, accounting, supply chain required
  • A minimum of five (5) years of experience in procurement, supply chain, and process improvement with a solid foundation in commodity, supplier, and risk management required.
  • Previous raw materials procurement highly preferred.
  • Excellent communication, written, and presentation skills.
  • Strong understanding of financial modeling.
  • Excellent analytical and quantitative skills with strong attention to detail.
  • Experience with an ERP system.

Nice To Haves

  • Systems proficiency with JD Edwards is desired.

Responsibilities

  • Negotiate, manage, and execute supply contracts.
  • Develop and execute sourcing strategies for assigned categories that incorporate food safety, customer requirements, product requirements, market conditions, business risk, and supplier capabilities.
  • Manage and forecast costs, purchase price variance, and inventory.
  • Monitor and improve supplier performance.
  • Assist the Product Development team with the sourcing of new products.
  • Collect, evaluate, and report crop conditions, commodity movement, market information, and logistical trends.
  • Collaborate and communicate with management and cross-functional teams to understand/align on business objectives, risk management, costing, and pricing actions.
  • Support sales and marketing with data to implement costing actions.
  • Serve as the subject matter expert and advisor on assigned categories.
  • Participate in developing annual budgets for assigned categories.
  • Manage and resolve issues within the supplier network.
  • Works with cross functional teams to drive cost savings.
  • Ability to manage savings across multiple platforms.
  • Executes and drives savings projects more than $1MM.
  • Understands supply, demand, and stock levels for assigned products.

Benefits

  • Comprehensive, affordable health and wellness coverage for you and your family.
  • Paid time off (holidays, vacation and sick days)
  • Medical, prescription drugs, dental and vision coverage
  • Life, disability and AD&D insurance
  • 401(k) plan
  • Flexible spending accounts
  • Tuition reimbursement program
  • Employee assistance programs
  • Telemedicine
  • Work-life balance
  • Employee discounts
  • Wellness program
  • Paid parental leave
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