Schwan Food Co

Bid Pricing Manager

Schwan Food Co$93K — $154K *
Food & Beverages
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree (or equivalent), preferably with an MBA.
  • 8+ years of experience in Foodservice Trade or Finance.
  • Strong analytical skills in developing and executing K-12 bid strategies.
  • Intermediate to advanced financial software skills for data analysis.
  • Solid understanding of industry best practices and company products.

Responsibilities

  • Manage the entire lifecycle of competitive bids and proposals.
  • Develop annual trade marketing reviews and bid plans for K-12 customers.
  • Implement a collaborative approach for key bid planning based on market insights.
  • Collaborate with cross-functional teams to assess financial factors impacting pricing processes.
  • Facilitate meetings to align bid strategies with internal stakeholders.
  • Analyze bid award data to identify pricing trends and potential profitability enhancements.

Benefits

  • Comprehensive health benefits.
  • Time off programs.
  • Retirement and financial offerings.
Full Job Description
Our next Bid Pricing Manager will serve as the bid trade expert for CJ Schwan's Food Service, assisting with the development and execution of bid trade plans with channel-specific key customers. You will be responsible for collaborating with K-12 and internal leadership teams to develop effective strategies, trade goals, segments, and customer plans while ensuring strategic alignment with the go-to-market strategy. Furthermore, you will be responsible for translating these goals and strategies into specific pricing approaches that will ensure their achievement of the annual volume and profit plan.

What You Will Do:
  • Manage and lead life cycle of the production of high quality, competitive bids and proposals from receipt to corporate qualification to submission.
  • Develop the annual trade marketing review and bid plan for K-12 customers, working closely with Channel Marketing, Customer Sales Planning Manager, Finance, & Sales to provide input into the 3-year and annual planning process. Serve as an integral member of the overall K-12 Channel Leadership team.
  • Implement a collaborative & aligned approach to planning for key bids. Make recommendations based on collecting &analyzing competitive pricing data, consumer response, cost of goods, and other relevant market information.
  • Collaborate with cross functional departments (Global Supply Chain, Cost Accounting, BU Financial Analyst) to evaluate all financial factors that impact processes and incorporate tools to pro-actively maintain goals pertaining to price.
  • Facilitate cross-functional meetings with Global Supply chain to share suggested bid strategy, potential risk to volume, and gain organizational alignment on suggested bid strategy.
  • Leverage bid award data to identify, analyze, and communicate competitive pricing trends to anticipate and manage requests that affect profitability of division. Continuously review and proactively identify areas of opportunity for profit and/or margin enhancement in current pricing situations and work with necessary management to implement changes.

What You Will Bring:
  • Bachelor's degree (or equivalent) with a preference for someone with an MBA.
  • 8+ years of related experience in Foodservice Trade or Finance.
  • Strong analytical background with working knowledge on how to develop & execute effective bid strategies within the K-12 channel.
  • Intermediate to advanced skills with financial software and applications, with the ability to query tables and prepare robust financial analyses.
  • Strong knowledge of industry best practices and ability to learn our company products.

What We Offer:

The base salary range for this position is $93,000 - $154,000 annually with eligibility for a 15% annual incentive bonus, which is based on organizational performance. The salary range represents numerous factors considered in the hiring decisions including, but not limited to education, skills, work experience, certifications, geography etc. As such, starting pay for the successful candidate(s) could fall anywhere within the stated range.

Beyond base salary, we offer a competitive Total Rewards package designed to support your overall well-being, including comprehensive health benefits, time off programs, and retirement and financial offerings.

About Schwan Food Co

The Schwan Food Company is a privately held company that manufactures and markets frozen foods. The company sells frozen foods from home delivery trucks, in grocery store freezers, by mail, and to the food service industry. The company produces, markets, and distributes products developed under brands such as Red Baron, Freschetta, Tony's, Mrs. Smith's, Edwards, Pagoda Express, and Larry's. The company was founded in 1952 and is headquartered in Marshall, Minnesota.
Learn more about Schwan Food Co
Size
12,000 employees
Industry
Founded
1952

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