Sr Manager, Ingredients - Global Procurement

Campbell's • Camden, NJ

1d

About The Position

As the Procurement Manager, Ingredients & Energy, this role leads sourcing strategy for critical commodities across the Campbell’s network, including vegetable oils, energy (electricity and natural gas), dry beans, and pulses, representing approximately $300 million in annual spend. The role drives category strategy, commodity risk management, supplier performance, and procurement excellence while leading a team of procurement professionals. Through market expertise, strategic sourcing, and cross-functional collaboration, the position helps secure supply, manage cost volatility, deliver productivity and cash flow targets, and advance Campbell’s innovation and sustainability goals.

The role manages and develops two Senior Buyers and collaborates with internal stakeholders, suppliers, and senior leaders. It develops commodity market intelligence, price forecasts, and risk management strategies; communicates projections and recommendations; and partners with Treasury on hedging, futures positions, and forward contracting. It also monitors total cost of ownership, budget performance, coverage levels, and financial risks and opportunities across assigned categories.

Requirements

• Bachelor’s degree in Business, Agribusiness, Supply Chain, or a related field.
• 8–10+ years of experience in direct material sourcing, procurement, supply chain, or related functions.
• Deep knowledge of domestic and global vegetable oil markets, including processing, supply chain dynamics, imports, tariffs, regulations, and byproducts.
• Strong understanding of energy markets, including electricity, natural gas, generation, transmission, distribution, utility structures, renewable energy credits, and regulatory environments.
• Experience developing and executing strategic sourcing and category management strategies.
• Proven leadership experience managing, coaching, and developing teams.
• Strong negotiation, supplier management, and contract management skills.
• Experience with commodity risk management, hedging strategies, and market forecasting.
• Advanced analytical capabilities, including interpreting market fundamentals, pricing trends, and statistical data.
• Excellent project management and stakeholder management skills.
• Ability to influence decisions and communicate effectively with stakeholders at all organizational levels.
• Strong presentation, written, and verbal communication skills.
• Proficiency in Microsoft Office Suite, including Copilot.
• Ability to work independently with a proactive, solution-oriented approach.
• Experience managing complex spend categories with multiple pricing variables and cost components.
• Commitment to Campbell’s Code of Conduct and corporate values.

Nice To Haves

• Master’s degree or MBA.
• Experience managing commodity hedging programs utilizing financial derivatives.
• Knowledge and practical application of AI tools to drive procurement efficiencies and insights.
• Experience leading Supplier Relationship Management programs with strategic suppliers.
• Expertise in weather pattern analysis and its impact on commodity pricing and availability.
• Experience supporting CAPEX projects in partnership with Engineering teams.
• Knowledge of sustainability, ESG initiatives, and responsible sourcing programs.
• Ability to identify product reformulation or ingredient substitution opportunities while maintaining quality and specification requirements.
• Track record of fostering innovation, continuous improvement, and strategic supplier collaboration across large, matrixed organizations.

Responsibilities

• Lead strategic sourcing and category management for vegetable oils, energy markets, dry beans, and pulses across the Campbell’s network.
• Manage and develop two Senior Buyers through coaching, mentorship, and professional development.
• Execute sourcing activities to ensure supply continuity, competitive pricing, quality assurance, and compliance with procurement policies.
• Partner with cross-functional stakeholders to develop and deliver Total Procurement Value, productivity, and cash flow initiatives.
• Collaborate with Marketing, R&D, Finance, Operations, Quality, and ESG teams on product innovation, sustainability initiatives, and brand value objectives.
• Develop commodity market intelligence, price forecasts, and risk management strategies for vegetable oils, electricity, natural gas, and related commodities.
• Prepare and communicate monthly commodity projections, market outlooks, budget impacts, and sourcing recommendations to senior leadership.
• Partner with Treasury to develop, execute, and manage hedging strategies, futures positions, and forward contracting activities.
• Conduct market, spread, basis, weather, and supply-demand analysis to identify pricing trends, substitution opportunities, and sourcing strategies.
• Lead supplier relationship management activities with strategic suppliers and identify opportunities for collaboration and innovation.
• Monitor total cost of ownership, budget performance, coverage levels, and financial risks and opportunities across assigned categories.
• Ensure timely and accurate execution of SAP contracts and sourcing documentation.
• Support capital projects and cross-functional initiatives with Engineering and operational stakeholders.
• Serve as a trusted advisor and subject matter expert to internal business partners and senior leaders.

Benefits

• Medical, dental, short- and long-term disability, AD&D, and life insurance coverage, including options for individuals, families, and domestic partners.
• Matching 401(k) plan, with enrollment available on the first day of employment and immediate vesting.
• Unlimited sick time, paid time off, and holiday pay.
• Free access to the fitness center for employees at WHQ.
• Access to on-site day care operated by Bright Horizons and a company store.
• Campbell’s Cares matching of employee donations and/or volunteer activity up to $1,500 annually.
• Employee Resource Groups (ERGs).
• Competitive health, dental, 401(k), and wellness benefits beginning on the first day of employment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior