Schwan Food Co

Sr Mgr Strategic Sourcing

Schwan Food Co$191K — $192K *
Food & Beverages
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's or master's degree in Business Administration, International Studies, China Studies, or a related field.
  • 4+ years of relevant experience with a bachelor's degree or 2+ years with a master's degree in food industry procurement.
  • Experience in direct purchasing of raw materials or OEM co-pack food products from large food manufacturers (>$500 million in gross sales).
  • Demonstrated skills in negotiation and contract management in a sourcing role.
  • Strong understanding of financial management principles and risk management.

Responsibilities

  • Manage category spend of up to $75 million, including market research and negotiation.
  • Prepare and present reports to senior leadership and key stakeholders.
  • Travel to vendor locations and company plants to maintain relationships.
  • Conduct market research to determine category pricing and proactively engage in supplier contracting.
  • Lead complex negotiations and manage operational, supply, and quality issues within assigned categories.
  • Develop and manage supplier relationships to ensure cost optimization and supply reliability.
  • Utilize pricing platforms and implement strategies that drive sourcing efficiencies.

Benefits

  • Flexible work-from-home day (optional) once a week.
  • Opportunity to travel for professional engagement with suppliers.
  • Engagement with senior leadership and involvement in high-level strategic decision-making.
  • Access to collaborative work environment within a large food manufacturing context.
Full Job Description
Senior Manager Strategic Sourcing. Schwan's Shared Services, LLC, a subsidiary of Schwan's Company, seeks a Senior Manager Strategic Sourcing at our office in Hopkins, Minnesota. Accountable for the management of assigned category(s) spend of up to $75m including research, negotiation, contracting, budgeting, and communication to all stakeholders with minimal supervision. Prepare and present reports to senior leadership and customers as required. Travel to plant and vendor locations as needed and required to maintain relationship. Determine category pricing by conducting market research, negotiating, proactive supplier contracting and establishing commodity futures positions (inclusive of futures/options/financial hedging). Manage operational, supply and quality issues for category. Accountable for support the new product developments process, generating YoY productivity and managing the projects through the Stage Gate process. Develop and manage the suppliers base to ensure optimized cost and supply for SFC operating facilities. Identify potential suppliers, organize, negotiate costs, terms and conditions, and manage assigned product categories within multiple business units for assigned products. Responsible for managing and leading complex negotiations. Manage operational, supply and quality issues for category. Identify metrics, tools, and processes to optimize sourcing, supplier activities, and efficiencies, and work collaboratively with team members to prioritize and drive implementation. Interface with plant and corporate management personnel as well as peers within the procurement organization. Maintain and apply a broad understanding of financial management principles to ensure decisions are fiscally sound and responsible. Utilize risk management tools to hedge prices for traded commodities as assigned Support development of machine learning and AI models to continuously improve the company's risk management practices. Develop balance table and stock-to-use analysis for assigned traded commodities. Support development and deployment of global category strategy roadmap. Utilize pricing platforms (reverse bidding, auction, online RFP software) to drive efficiencies. Continuously strive to reduce total cost of procured goods and services. Understand the contract process and make decisions in a timely manner to optimize pricing of competitive bidders. Manage discussions between vendors and engineering, operating or maintenance personnel as required or directed. Other duties, as assigned. Must have proof of legal authority to work in the U.S. Requirements - Education: bachelor's degree (U.S. or foreign equivalent) in Business Administration, International Studies, China Studies or a closely related field or a master's degree (U.S. or foreign equivalent) in Business Administration, International Studies, China Studies or a closely related field. Experience: Individuals with a qualifying bachelor's degree must have four years of experience as a Buyer, Senior Buyer, Purchasing Manager, Category Manager, Procurement Manager, Purchasing Senior Analyst, Purchasing Professional, Procurement Planning Specialist or similarly titled role involved in direct purchasing of raw materials or OEM co-pack food products in the food industry for a large food manufacturer and distributor. Individuals with a qualifying master's degree must have at least two years of experience as a Buyer, Senior Buyer, Purchasing Manager, Category Manager, Procurement Manager, Purchasing Senior Analyst, Purchasing Professional, Procurement Planning Specialist or similarly titled role involved in direct purchasing of raw materials or OEM co-pack food products in the food industry for a large food manufacturer and distributor. A large food manufacturer and distributor is one with at least $500 million in gross sales or foreign equivalent, if outside the U.S. Work from home, one day a week, in the Minneapolis-St. Paul-Bloomington, MN-WI area is permitted but not required. Domestic and international travel to plants and suppliers is required, for approximately 10% of the time. The salary for this position has a range of $191,818 to 192,000, with standard employee benefits. Interested candidates should apply on-line at www.schwansjobs.com. This position is for full-time employment by Schwan's Shared Services, LLC for employment in Hopkins, Minnesota.

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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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