Procurement Manager

B&G Foods Inc.; Parsippany-Troy Hills (NJ); On-site; USD 102,000 - 136,000; Full time

Job summary

B&G Foods Inc. in Parsippany, New Jersey, is seeking a Procurement Manager to lead development and execution of procurement strategies for food ingredients, spices, and commodities across the manufacturing network.

You will negotiate contracts, manage costs and risk, collaborate with cross-functional teams, and drive substantial savings while ensuring safety and quality. The role requires a bachelor's degree and at least five years in procurement, with JD Edwards experience preferred.

Qualifications

• Bachelor's degree in business, economics, finance, accounting or supply chain.
• Minimum of five years' procurement, supply chain, and process improvement experience.
• Experience with ERP systems; JD Edwards preferred.
• Excellent communication, written and presentation skills.
• Strong financial modeling and analytical abilities with attention to detail.

Responsibilities

• Negotiate, manage, and execute supply contracts.
• Develop and execute sourcing strategies for assigned categories with food safety, product requirements and market considerations.
• 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 logistical trends.
• Collaborate with management and cross-functional teams on objectives, risk, costing, and pricing actions.
• Support sales and marketing with data to implement costing actions.
• Serve as subject matter expert on assigned categories and participate in budgets.
• Drive cost savings across multiple platforms; execute savings projects >$1MM.
• Understand supply, demand, and stock levels for assigned products.

Skills

Communication skills

Financial modeling

Analytical thinking

Education

Bachelor's degree in business/related field

Tools

JD Edwards

Job description

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.

Ready to be part of something special?

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

• 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 https://www.eeoc.gov/poster.