Principal Manager - Food and Nutrition
JOB SUMMARY
Developand execute supplier management strategies that drive business growth,profitability, and innovation within the Food & Nutrition business. Therole leads strategic sourcing, supplier relationship management, contractnegotiations, commercial management, and business development whilecollaborating with cross-functional teams to deliver innovative ingredientsolutions that meet customer and market needs.
DUTIES AND RESPONSIBILITIES
Principal & Supplier Management
- Identify and source new suppliers and principals to expand the Food & Nutrition portfolio and strengthen market competitiveness.
- Evaluate potential suppliers based on product capabilities, market potential, technical support, and commercial value to ensure alignment with business growth objectives.
- Manage supplier contracts, agreements, and commercial terms to ensure effective partnership management and sustainable business performance.
- Conduct regular business reviews with suppliers to evaluate performance, identify growth opportunities, and align strategic initiatives.
- Negotiate pricing, payment terms, and commercial conditions with suppliers to optimize cost competitiveness and improve profitability.
- Maintain strong supplier relationships to secure product availability, market support, and long-term business collaboration.
Business Development & Customer Engagement
- Develop and execute business development strategies to grow the Food & Nutrition business and achieve revenue and profitability targets.
- Engage with customers to understand market needs, formulation challenges, and business opportunities to deliver relevant ingredient solutions and value-added support.
- Develop strategic customer relationships to increase customer loyalty, expand business opportunities, and drive sustainable growth.
- Identify new applications, market segments, and customer opportunities to enhance portfolio growth and market penetration.
Commercial Management & Profitability
- Analyze product costs, pricing structures, and market conditions to develop competitive pricing strategies and maximize margins.
- Conduct margin analysis and profitability reviews to identify improvement opportunities and support business decisions.
- Develop sales forecasts, business plans, and commercial strategies to achieve revenue, margin, and growth objectives.
- Monitor sales performance, market trends, and competitive activities to recommend actions that improve business performance.
Innovation & Product Development Collaboration
- Collaborate with F&N Technical team to develop innovative solutions and ideation concepts that address customer needs.
- Work with customers and suppliers on product innovation initiatives to create differentiated solutions and drive market opportunities.
- Coordinate product trials, technical evaluations, and customer feedback activities to support successful product commercialization.
- Identify emerging technologies, market trends, and customer requirements to support future portfolio development.
Cross-functional Collaboration
- Collaborate with F&N Commercial, Technical, Supply Chain, Customer Service, and Finance teams to ensure effective execution of business strategies.
- Support demand planning, inventory management, and supply coordination to ensure product availability and customer satisfaction.
- Ensure compliance with company policies, quality standards, and regulatory requirements to maintain responsible and professional business practices.
Others
- Other duties as assigned by the immediate manager.
MINIMUM QUALIFICATIONS
- Bachelor’s degree in Food Science, Food Technology, Nutrition, Chemistry, Business Administration, Marketing, or a related field. A master’s degree is an advantage.
- Minimum 8–10 years of experience in the food ingredients, nutrition, specialty chemicals, or related industries.
- Proven experience in principal management, supplier sourcing, contract negotiation, and portfolio development within the Food & Nutrition industry.
- Strong experience in business development, customer engagement, strategic account management, and commercial growth initiatives.
- Demonstrated success in managing supplier relationships, conducting business reviews, and developing joint growth strategies with principals.
- Proven experience in pricing strategy, supplier negotiation, margin analysis, and profitability management.
- Strong understanding of food ingredients, nutritional ingredients, functional ingredients, food additives, and formulation applications.
- Experience collaborating with technical, application, and marketing teams to drive product innovation, customer ideation, and solution development.
- Strong market knowledge and ability to identify emerging trends, customer needs, and new business opportunities within the Food & Nutrition sector.
- Excellent negotiation, communication, presentation, analytical, and strategic planning skills.
- Strong relationship management skills with the ability to engage effectively with customers, suppliers, and internal stakeholders.
- Results‑oriented with strong commercial acumen and the ability to drive revenue growth and profitability objectives.