Reports to: Director of Supply Chain & Procurement Direct reports: Procurement Manager Location: Office, 110 Greene Street, NYC, 10012 Type: Full-time on-site Job Description The Head of Procurement owns the cost of goods sold for the business, leading all sourcing, supplier negotiation, and category strategy across food, beverage, packaging, and non-product supplies. This is a commercially driven role: beyond securing supply, the person is accountable for protecting and improving margin through smarter buying, product and specification improvement, and tight collaboration with Product Development team, Operations, Finance, and Marketing - including the end-to-end management of Limited Time Offers. Reporting to the Director of Supply Chain & Procurement, this role leads the Procurement team - the deal-making, sourcing, LTO, profitability, and product-optimization side of the function - as the peer counterpart to the Supply Chain team. Key Responsibilities Cost & Margin Ownership (COGS / GM) - Own COGS and gross margin targets across the product portfolio; report performance to leadership and drive corrective action. - Identify and quantify margin-improvement opportunities - Spec changes, yield improvement, substitutions, recipe cost analysis. - Monitor commodity and input-cost markets; anticipate cost movements and forward-buy or hedge where appropriate to protect margin. Supplier & Contract Management - Lead negotiation of pricing, rebates, volume commitments, and commercial terms with suppliers and distributors. - Run supplier selection, tenders/RFQs, and onboarding; consolidate the supplier base where it improves cost, quality, or reliability. - Build and manage strategic supplier relationships; conduct regular vendor reviews and hold suppliers to agreed service, quality, and pricing terms. - Own and maintain the supplier contract portfolio - drafting, renewals, pricing agreements, and a clear review/renewal calendar - ensuring all agreements are current, accurate, and on file. - Manage and maintain product specification sheets, keeping specs accurate, version-controlled, and aligned with agreed supplier terms and cost targets. - Own the rebate framework end-to-end: negotiate rebate terms, track accruals against agreed thresholds, and ensure rebates are invoiced, collected, and reconciled in full and on time. Product Improvement & Category Strategy - Partner with Culinary/R&D to identify product improvement opportunities that enhance quality, consistency, or margin. - Lead specification management - ensuring specs are accurate, value-engineered, and aligned to cost targets without compromising guest experience. - Develop category strategies (e.g. proteins, produce, dairy, beverage, packaging) and own the buying plan for each. LTO & New Product Management - Manage the procurement side of Limited Time Offers end-to-end, working closely with the Procurement Manager and cross-functional teams. - Secure supply, pricing, and volume forecasts for LTOs and new launches; ensure availability for launch and clean exit at wind-down to avoid stranded stock. - Cost LTOs ahead of launch and feed margin guidance into go/no-go and pricing decisions. Compliance & Food Safety - Ensure suppliers meet food-safety, quality, traceability, and accreditation standards; manage supplier audits and approvals. - Support sustainability and responsible-sourcing commitments across the supply base. Leadership - Lead, coach, and develop the Procurement Manager and team; set objectives and build capability. - Establish procurement processes, controls, and ways of working, aligned to the Director of Supply Chain & Procurement's strategy. Required Qualifications & Experience - Significant procurement experience in F&B, hospitality, foodservice, retail, or FMCG, with demonstrable ownership of COGS/margin. - Proven track record negotiating with food/beverage suppliers and distributors and delivering measurable cost savings. - Strong commercial and analytical background - comfortable building cost models and working in detail with Finance. - Experience managing or developing a procurement team. - Knowledge of food safety and quality standards relevant to the category. - Degree in a relevant field and/or recognized procurement qualification (e.g. CIPS) preferred. Skills & Competencies - Sharp negotiator with strong commercial judgement. - Highly numerate and data-literate; advanced spreadsheet skills. - Organized and able to manage multiple categories, suppliers, and launches in parallel. - Hands-on, ownership mindset, comfortable in a fast-moving environment. Compensation is $150,000