Manager, Ingredients (147-221) job Seattle Washington
Manager, Ingredients (147-221) job Seattle Washington
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Manager, Ingredients (147-221) Job



Employer Name: SpiderID: 5735629
Location: Seattle, Washington Date Posted: 12/1/2016
Wage: Negotiable Category: Wholesale
Job Code: 147-221

Job Description:

JOB TITLE: Manager, Ingredients


REPORTS TO: Director of Purchasing


STATUS: Exempt


Own strategic plan, execution, and data analysis for assigned commodities/ingredients. Manage supplier relationships, negotiate and implement the detailed quantitative models which determine Cost of Goods. Responsible for developing strategies to capitalize on ingredient price fluctuations for multiple inputs. Develop, maintain and refine economic forecasting and risk management programs related to multiple ingredient categories that include fruits, nuts, phosphates, spices, starches, gums, emulsifiers, specialty grains, flavors, colors, inserts and inclusions. Advise business units on future risks/opportunities and actions to be taken regarding market factors affecting their categories. The Manager will be responsible and accountable for leading their team to create unique sourcing strategies that deliver value through quality, service improvements, competitive market analysis, cost savings, and product innovation for each business unit.


RESPONSIBILITIES AND INFLUENCE:



  • Provide guidance to category managers and suppliers on timing for ingredient coverage and subsequent risk.

  • Build and assess financial impact on all ingredient categories throughout the year as they relate to PPV's.

  • Report ingredient price risks to leadership team. Measure and report financial impact via quarterly presentations.

  • Manage and support ingredient team members on the concept of ingredient price fluctuations and financial impact.

  • Monitor ingredient market exposure, and take a proactive approach on avoiding or minimizing risk.

  • Develop and manage processes with timely and accurate communication to the organization when there is a price risk exposure and explain how it will be managed.

  • Partner with suppliers to determine/implement the best strategy for spot ingredient purchases and/or contracts as well as to understand full supply chain.

  • Utilize expertise to facilitate strategic relationships with suppliers and ensure competitive market pricing is achieved.

  • Execute and implement strategic timing to take long-term vs. short-term positions. Publish financial risks and make positive recommendations.

  • Validate cost changes/increases received from suppliers and negotiate the most accurate pricing based on competitive market factors.

  • Interface with various business units and finance to lock in competitive ingredient costs while protecting margins.

  • Monitors market changes and uses data to proactively manage the timing and execution of ingredient price coverage.

  • Manages vendor negotiation process, reviews and analyzes supplier proposals, facilitates an appropriate procurement recommendation within a defined scope of authority.

  • Advise business units on future risks/opportunities and actions to be taken regarding factors affecting their categories.

  • Provide market updates and "breaking news" to broader audience as it relates to CM business

  • Continue to look for ways to drive costs out of the supply chain utilizing vendors, R&D and manufacturing resources.

  • Deep knowledge of the supply chain and market drivers of key ingredient suppliers. Frequent visits/interface.

  • Participates in the departmental spend plan and develops the annual ingredient budget.

  • Performs other duties as assigned.


MINIMUM EDUCATION AND EXPERIENCE:



  • Bachelor's degree in Business Administration, Food Science, Finance or equivalent combination of education and experience.

  • 5+ years experience in sourcing food ingredients or relevant supply chain discipline

  • Ten year's progressive work experience with consumer goods or the food industry. Prior experience at, or knowledge of ingredient vendors, the ingredient manufacturing processes and capabilities is preferred.


The policy of Continental Mills, Inc. is to hire, train, and promote all persons in all job groups in accordance with law, without regard to race, color, religion, sex, age, marital status, presence of sensory, mental or physical disability, Vietnam veteran, or national origin.



Job Criteria:
Start Date:
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:


Contact Information:
Contact Name: Continental Mills Company Type:
Company: Continental Mills
City:
State:
Zip:

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