Procurement Manager

B&G Foods Inc.; Ankeny (IA); On-site; USD 102,000 - 136,000; Full time

Benefits offered by this job

Health coverage

401(k) plan

Paid time off

Tuition reimbursement

Work-life balance

Employee discounts

Job summary

B&G Foods Inc. in Ankeny, IA is seeking a Procurement Manager to lead procurement strategies for food ingredients and commodities across our manufacturing network.

You will manage supplier relationships, forecast costs, and drive cost savings while ensuring safety and quality. The role requires a BA/BS with at least five years in procurement and supply chain, strong financial modeling and communication skills, and familiarity with JD Edwards ERP.

Qualifications

• Bachelor’s degree in business-related discipline.
• A minimum of five years of procurement, supply chain, and process improvement experience.
• Raw materials procurement experience preferred.
• Excellent communication, written, and presentation skills.
• Strong financial modeling understanding.
• Excellent analytical and quantitative skills with attention to detail.
• Experience with an ERP system; JD Edwards proficiency desired.

Responsibilities

• Negotiate, manage, and execute supply contracts.
• Develop and execute sourcing strategies for assigned categories.
• Manage and forecast costs, purchase price variance, and inventory.
• Monitor and improve supplier performance.
• Assist Product Development with sourcing of new products.
• Collect and report crop conditions, commodity movement, and market trends.
• Collaborate with management on business objectives, risk, costing, and pricing.
• Support sales/marketing with data for costing actions.
• Serve as subject matter expert for assigned categories.
• Participate in developing annual budgets for categories.
• Drive cost savings across platforms and projects (> $1MM).
• Understand supply, demand, and stock levels for assigned products.

Skills

Procurement experience

Sourcing strategies

Cost management

Supplier management

Communication skills

Financial modeling

Data analysis

Education

Bachelor’s degree in business, economics, finance, accounting, or supply chain

Tools

JD Edwards

Job description

Ready to be part of something special?

Join our Family!

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.

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.

Experience, Skills, Education:

• 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. Systems proficiency with JD Edwards is desired.

Compensation:

Hiring Pay Range:

$101,897.00 - $135,863.00

Final base pay will be determined based on factors including, but not limited to; role responsibilities, experience, skills, education, geographic location, and/or internal pay equity. Please keep in mind that we consider internal pay equity and hiring at the maximum of the salary range uncommon. Total pay may include other forms of compensation including short-term incentive bonus.

Benefits:

We offer a variety of benefits that include comprehensive, affordable health and wellness coverage for you and your family.

• Paid time off (holidays, vacation and sick days)
• Medical, prescription drugs, dental and visioncoverage
• 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

Benefits may vary by location and position.

Equal Employment Opportunity

B&G Foods is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, genetic information, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state or local law. Applicants who require a reasonable accommodation to participate in the application or interview process should contact Human Resources. For more information on your federal rights, please review the EEOC’s Know Your Rights: Workplace Discrimination Is Illegal poster at https://www.eeoc.gov/poster.