Procurement Manager

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

Benefits offered by this job

Health benefits

Paid time off

401(k) plan

Dental and vision coverage

Tuition reimbursement

Employee discounts

Wellness program

Job summary

BG Foods procurement team is seeking a forward-thinking Procurement Manager to lead strategy development and supplier risk management for ingredients, spices, and commodities across the manufacturing network.

The role requires a strong background in procurement, cost forecasting, and cross-functional collaboration to deliver safe, quality, and cost-effective products. Base pay aligns with market ranges and may include additional incentive compensation.

Qualifications

• Bachelor's degree in business-related discipline (i.e. business, economics, finance, accounting, supply chain)
• Minimum of five years in procurement, supply chain, and process improvement with a solid foundation in commodity, supplier, and risk management
• Experience with raw materials procurement 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
• JD Edwards is desired

Responsibilities

• Negotiate, manage, and execute supply contracts
• Develop and execute sourcing strategies considering safety, requirements, market conditions, risk, and supplier capabilities
• Manage and forecast costs, purchase price variance, and inventory
• Monitor and improve supplier performance
• Assist Product Development with sourcing of new products
• Collect, evaluate, and report crop conditions, commodity movement, market information, and trends
• Collaborate with management and cross-functional teams on objectives, risk, costing, and pricing actions
• Support sales and marketing with data for costing actions
• Serve as subject matter expert on assigned categories
• Develop annual budgets for assigned categories
• Manage and resolve issues within the supplier network
• Drive cost savings across cross-functional platforms
• Execute and drive savings projects over $1MM
• Understand supply, demand, and stock levels for assigned products

Skills

Communication

Financial modeling

Analytical

ERP knowledge

JD Edwards

Supply chain

Education

Bachelor's degree (BA/BS) in business-related discipline

Tools

JD Edwards

ERP system

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 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.

With our headquarters based in Parsippany, New Jersey, B&G Foods and our subsidiaries manufacture, sell and distribute high-quality, branded shelf-stable and frozen foods across the United States, Canada and Puerto Rico. With B&G Foods’ diverse portfolio of more than 50 brands you know and love, including B&G, B&M, Cream of Wheat, Clabber Girl, Crisco, Dash, Green Giant, Las Palmas, Le Sueur, Mama Mary's, Maple Grove Farms, New York Style, Ortega, Polaner, Spice Islands and Victoria, there’s a little something for everyone. For more information about B&G Foods and our brands, please visit www.bgfoods.com.