What are the responsibilities and job description for the Director of Procurement position at New Solutions?
Director of Procurement
The Director of Procurement is directly responsible for setting and executing the strategy for procuring all ingredients, packaging, and indirect goods and services necessary to support the business.
This role is accountable for managing current relationships with suppliers, evaluating market trends and pricing movements to ensure competitive supplier pricing while ensuring the highest quality and service standards are met.
Position Responsibilities:
- Ensures long-term supply and cost certainty through implementation and execution of forward-looking procurement and buying/ coverage strategies
- Guiding the senior leadership on risks identified by procurement, quality, and R&D and proposing alternatives solutions
- Creates balanced scorecard for cost, quality, service and people related metrics
- Sets year-over-year productivity cost reduction plan to meet business objectives
- Supports new products launches and innovation
- Establishes professional relationships with senior leadership to drive forward the direct materials and indirect procurement vision
- Operates with a hands-on approach, and willingness to roll up their sleeves as needed to address business needs
- Enables the development of the procurement team through coaching, on-the-job training, formal training and career development planning
- Commitment to safety begins with management. Managers and frontline supervisors are accountable for creating and maintaining a culture of Safety and assuring a safe work environment.
Required Skills/Qualifications:
Bachelor's Degree from four-year college or university; MBA is preferred.
A minimum of 10 years prior experience at a food or beverage company
- Procurement experience of agricultural commodities and packaging, with experience in indirect procurement and its organization dynamics
- Drive and implement process improvement and system initiatives which deliver operating efficiencies
- Experience in utilizing a 7-step (or similar) strategic sourcing methodology to develop category strategies, source, negotiate and manage suppliers to deliver total lowest cost materials and mitigate the supply risks.
- Experience in global sourcing preferred
Job Type: Full-time
Pay: $160,000.00 - $180,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Employee assistance program
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Referral program
- Relocation assistance
- Retirement plan
- Vision insurance
Schedule:
- Day shift
- Monday to Friday
Work Location: In person
Salary : $160,000 - $180,000
