Sr Manager, Strategic Sourcing

Panera Brands

$119K — $143K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Business, Supply Chain Management, or related field; Master's degree preferred.
  • 7+ years in strategic sourcing or procurement, ideally in food & beverage or CPG.
  • Successful track record of leading complex negotiations and achieving cost savings.
  • Strong analytical and strategic thinking skills with experience in procurement analytics tools.
  • Excellent communication and stakeholder management skills across all organizational levels.
  • In-depth knowledge of supply chain principles, food safety standards, and vendor compliance.
  • Experience influencing senior leadership and cross-functional decisions.
  • Proficiency in Microsoft Office and sourcing platforms; ERP experience preferred.

Responsibilities

  • Lead development and execution of strategic sourcing plans across high-impact categories.
  • Conduct advanced market and supplier analysis to guide sourcing and negotiations.
  • Own the complete sourcing process including RFP/RFQ management and supplier selection.
  • Collaborate with culinary, operations, and sustainability teams to align sourcing with business priorities.
  • Build and manage strategic supplier relationships focused on performance and innovation.
  • Drive continuous improvement through supplier scorecards and performance reviews.
  • Analyze procurement data to identify cost-saving measures and supply risks.
  • Stay informed on industry trends, regulatory changes, and emerging technologies to enhance sourcing strategies.
  • Champion sustainability efforts across the supply base and manage annual reporting needs.
  • Oversee supplier business continuity planning across categories.

Benefits

  • Flexible work environment promoting a healthy work-life balance.
  • Opportunities for professional development and career advancement.
  • Access to employee discounts on company products.
  • Health and wellness programs to support employee well-being.
  • Involvement in sustainability initiatives and corporate responsibility programs.
Full Job Description
Sr Manager, Strategic Sourcing

Job Purpose

Reporting to the Director of Strategic Sourcing, theSenior Manager, Strategic Sourcingplays a pivotal leadership role the procurement. This position is responsible for shaping and executing sourcing strategies that drive cost efficiency, quality, innovation, and sustainability across the supply chain. The role requires strong cross-functional collaboration and strategic supplier partnerships to support Panera92s long-term growth.

Duties & Responsibilities

  • Lead the development and execution of strategic sourcing plans across multiple high-impact categories aligned with business goals.
  • Conduct advanced market and supplier analysis to inform sourcing decisions and contract negotiations.
  • Own the end-to-end sourcing process, including RFP/RFQ management, supplier selection, and value optimization.
  • Partner closely with culinary, operations, and sustainability teams to align sourcing strategies with business priorities.
  • Build and manage strategic supplier relationships to ensure performance, innovation, and risk mitigation.
  • Drive continuous improvement through supplier scorecards, performance reviews, and corrective action plans.
  • Analyze spend and procurement data to identify cost-saving opportunities, supply risks, and process efficiencies.
  • Stay ahead of industry trends, regulatory changes, and emerging technologies to inform sourcing strategies.
  • Champion sustainability and responsible sourcing initiatives across the supply base and annual reporting.
  • Develop and lead supplier business continuity planning, BCP. across categories
  • Manages commodity risk management across high impact direct-spend portfolio
  • Coordinate the execution of new product (permanent or LTO) introductions in the Panera system, considering production lead times, MOQs, and contingency
  • Strong oral, written and interpersonal communication skills. Demonstrated ability to analyze and resolve problems. Ability to document, plan, market, and execute programs. Established project management skills
  • Exhibits exceptional flexibility and adaptability, consistently demonstrating a proactive approach and a strong sense of urgency. Capable of responding swiftly and effectively in a dynamic, fast-paced environment, always with the highest degree of integrity

Qualifications

  • Bachelor92s degree in Business, Supply Chain Management, or related field; Master92s degree preferred.
  • 7+ years of progressive experience in strategic sourcing or procurement, ideally within food & beverage or CPG.
  • Proven success in leading complex negotiations and delivering measurable cost savings.
  • Strong analytical and strategic thinking skills, with experience using procurement analytics tools.
  • Excellent communication and stakeholder management skills across all levels of the organization.
  • Deep understanding of supply chain principles, food safety standards, and vendor compliance.
  • Experience presenting to senior leadership and influencing cross-functional decision-making.
  • Proficiency in Microsoft Office and sourcing platforms; experience with ERP systems preferred.

Working Conditions

  • Required travel 96 up to 25%

Physical Requirements

  • While performing this job, the incumbent is regularly required to stand, sit, talk hear & use hands and fingers to operate keyboards

Direct Reports

  • This position will have no direct reports

Competitive Pay $119,634- $143,561 annually

The actual pay offered will be determined by multiple factors, including but not limited to the candidate92s relevant experience, job-related knowledge, skills, and geographical location. Individual compensation decisions are dependent upon the facts and circumstances of each position and candidate.

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