Procurement Manager

bgfoods; Parsippany-Troy Hills (NJ); On-site; USD 102,000 - 136,000; Full time

Job summary

B&G Foods is seeking an experienced procurement leader to negotiate, manage, and execute supply contracts while shaping sourcing strategies across assigned categories. You will forecast costs, manage inventory, and monitor supplier performance to support product development and cross-functional pricing decisions.

The role requires a Bachelor's degree in a business-related field and at least five years in procurement, with JD Edwards ERP experience preferred.

Qualifications

• Bachelor's degree in business-related discipline required.
• Minimum 5 years in procurement, supply chain, and process improvement.
• Experience with raw materials procurement preferred.
• Excellent communication, written, and presentation skills.
• Strong financial modeling and analytical abilities.
• Experience with ERP systems; JD Edwards 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.

Skills

Communication skills

Financial modeling

Analytical skills

ERP systems proficiency

Attention to detail

Education

Bachelor's degree in business-related discipline

Tools

JD Edwards

Job description

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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 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
• 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 .