Hearthside Food Solutions

Strategic Sourcing Manager

Hearthside Food Solutions • $97K — $133K *
Downers Grove, IL 60516In-Person
Manufacturing & Automotive
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance, supply chain management, economics, or related field.
  • 3+ years of experience in commodity risk management or procurement.
  • Strong analytical skills, including data analysis and modeling proficiency.
  • Knowledge of commodity markets, pricing mechanisms, and supply chain dynamics.
  • Excellent communication and negotiation skills.
  • Proficiency in relevant software tools, particularly SAP and MS Office.

Responsibilities

  • Monitor and analyze commodity markets for risks and opportunities.
  • Develop and implement risk mitigation strategies including hedging and supply chain diversification.
  • Lead end-to-end procurement activities including sourcing and negotiations.
  • Drive cost control initiatives while ensuring uninterrupted supply of goods.
  • Collaborate with Finance to develop annual operating plans and budgets.
  • Establish and manage supplier performance programs using KPIs.
  • Promote innovation and sustainability practices across the supply base.

Benefits

  • Comprehensive health and dental benefits starting on the first day of employment.
  • 401(k) plan with employer contributions.
  • Wellness benefits to support employee health and well-being.
  • Eligibility for a discretionary annual performance incentive.
Full Job Description
Procurement Manager - Commodities

Commodity & Market Risk Management:
  • Monitor and analyze global and regional commodity markets to identify risks and opportunities impacting pricing and supply availability.
  • Assess the effects of market volatility, geopolitical events, and supply chain disruptions on procurement strategies and business performance.
  • Develop and implement risk mitigation strategies including hedging, forward contracts, and supply chain diversification.
  • Build and maintain analytical models to forecast commodity trends and evaluate key cost drivers using market intelligence and historical data.
  • Generate and present regular reports and dashboards summarizing commodity exposure, procurement performance, and mitigation actions to senior leadership.
  • Partner cross-functionally with Finance, Operations, and other stakeholders to align risk management strategies with overall business objectives.

General Job Responsibilities:
  • Lead end-to-end procurement activities including sourcing, negotiations, supplier selection, and contract management.
  • Manage international and cross-border sourcing activities, including logistics coordination for materials and services outside of the US and Canada.
  • Develop and execute procurement strategies that optimize costs, improve supplier performance, and support organizational goals.
  • Implement strategic sourcing processes including RFIs, RFQs, and RFPs, ensuring supplier selection aligns with defined criteria and business needs.
  • Drive cost control and cost reduction initiatives while maintaining uninterrupted supply of goods and services.
  • Partner with Finance and Continuous Improvement teams to develop annual operating plans, budgets, and cost savings pipelines; track performance and implement corrective actions as needed.
  • Own standard cost development and analyze spend, market trends, and historical data to support financial planning and decision-making.
  • Lead corporate and regional procurement initiatives from strategy development through execution.
  • Collaborate cross-functionally with Operations, Supply Chain, Sales, R&D, Finance, Regulatory, and Quality teams to ensure alignment of procurement strategies with business objectives.
  • Develop and maintain strong supplier relationships, represent the organization in negotiations, and identify new sources of supply to strengthen the supply base.
  • Establish and manage supplier performance programs using KPIs, scorecards, and regular business reviews; drive continuous improvement and resolve supplier issues effectively.
  • Maintain procurement policies, procedures, and best practices to ensure efficiency, compliance, and continuous improvement.
  • Promote innovation, sustainability, and continuous improvement across the supply base.
  • Partners with the Sustainability team to advance responsible sourcing practices and support environmental and corporate sustainability objectives


Required Competencies & Knowledge:

Knowledge/Skills Required:
  • Bachelor's degree in finance, supply chain management, economics, or a related field.
  • 3+ years of experience in commodity risk management, procurement, or related fields.
  • Strong analytical and quantitative skills, including data analysis and modeling proficiency.
  • Knowledge of commodity markets, pricing mechanisms, and supply chain dynamics.
  • Familiarity with risk management tools, such as hedging and derivatives.
  • Excellent communication and negotiation skills.
  • Proficiency in relevant software tools and systems.
  • Experience with SAP.
  • Proficiency in MS Office, particularly Word, PowerPoint, and advanced Excel skills.
  • Minimum of 5 years of strategic procurement experience in manufacturing, MRO, facilities, corporate services, or indirect categories.
  • Familiarity with the food industry and manufacturing practices is an asset.
  • Experience with sustainability programs is an asset; this role partners with the Sustainability team to advance responsible sourcing practices and support environmental and corporate sustainability objectives
  • Conflict resolution experience.
  • Prioritization skills based on short and long-term objectives.
  • Data analysis and presentation to multiple organizational levels.
  • Influence management skills.
  • Change management skills.
  • Project management skills.
  • Effective verbal and written communication.
  • Multi-tasking capability.
  • Collaborative relationship-building with industry, trade, associations, regulatory agencies, and cross-functional staff.
  • Demonstrated leadership in safety, quality, and policy adherence.
  • Adaptability to a fast-paced environment.

The pay range for this full-time, salaried position is $97,210-$133,663/year. Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. The position is eligible for a discretionary annual incentive based on company and individual performance. We offer a comprehensive benefits package including health, dental, 401k and wellness benefits beginning on the first day of employment.

#LI-JO1
#Remote

About Hearthside Food Solutions

Hearthside Food Solutions is a leading contract manufacturer of baked goods, bars, snacks, and other food products. The company provides a range of services, including product development, packaging, and distribution, and serves customers in the retail, foodservice, and industrial markets. Hearthside Food Solutions operates more than 40 facilities across North America and Europe and has a reputation for delivering high-quality products and exceptional customer service. The company was founded in 2009 and is headquartered in Downers Grove, Illinois.
Learn more about Hearthside Food Solutions
Size
10,000 employees
Industry
Food & Beverages
Founded
2009
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Hearthside Food Solutions

  • Hearthside Food Solutions
    Account Manager
    $97K — $133K *
    Downers Grove, IL 60516 (Dupage County)
    Today
    Food & Beverages
    In-Person
  • Hearthside Food Solutions
    Strategic Sourcing Manager
    $97K — $133K *
    Downers Grove, IL 60516 (Dupage County)
    Today
    Manufacturing & Automotive
    In-Person
  • Hearthside Food Solutions
    Procurement Manager
    $97K — $133K *
    Downers Grove, IL 60516 (Dupage County)
    Today
    Business Services
    In-Person
  • Hearthside Food Solutions
    Regional Sanitation Manager
    $110K — $165K *
    Downers Grove, IL 60516 (Dupage County)
    Yesterday
    Food & Beverages
    In-Person
  • Hearthside Food Solutions
    Account Manager
    $85K — $128K *
    Downers Grove, IL 60516 (Dupage County)
    Yesterday
    Food & Beverages
    In-Person

More Manufacturing & Automotive Jobs

Find similar Strategic Sourcing Manager jobs:

NationwideDowners Grove, IL