B&G Foods Inc logo

Procurement Manager

B&G Foods Inc
  • Parsippany, NJ
  • $101,897–$135,863 Per Year
6 days ago

Job Description

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The Procurement Manager leads in the development and execution of procurement strategies. This person plays a key role in managing supply partners, supply, cost, and risk for food ingredients, spices, and commodities that support the B&G Foods manufacturing network. A successful Procurement Manager will build and manage a strong and dynamic portfolio and will play a critical role in the company's ability to deliver safe, quality, and cost-effective products.

Responsibilities:

  • Negotiate, manage, and execute supply contracts.
  • Develop and execute sourcing strategies for assigned categories that incorporate food safety, customer requirements, product requirements, market conditions, business risk, and supplier capabilities.
  • Manage and forecast costs, purchase price variance, and inventory.
  • Monitor and improve supplier performance.
  • Assist the Product Development team with the sourcing of new products.
  • Collect, evaluate, and report crop conditions, commodity movement, market information, and logistical trends.
  • Collaborate and communicate with management and cross-functional teams to understand/align on business objectives, risk management, costing, and pricing actions.
  • Support sales and marketing with data to implement costing actions.
  • Serve as the subject matter expert and advisor on assigned categories.
  • Participate in developing annual budgets for assigned categories.
  • Manage and resolve issues within the supplier network.
  • Works with cross functional teams to drive cost savings.
  • Ability to manage savings across multiple platforms. Executes and drives savings projects more than $1MM.
  • Understands supply, demand, and stock levels for assigned products.

Experience, Skills, Education:

  • Bachelor's degree (BA/BS) in business-related discipline (i.e. business, economics, finance, accounting, supply chain required
  • A minimum of five (5) years of experience in procurement, supply chain, and process improvement with a solid foundation in commodity, supplier, and risk management required.
  • Previous raw materials procurement highly preferred.
  • Excellent communication, written, and presentation skills.
  • Strong understanding of financial modeling.
  • Excellent analytical and quantitative skills with strong attention to detail.
  • Experience with an ERP system. Systems proficiency with JD Edwards is desired.

Compensation:

Hiring Pay Range:

$101,897.00 - $135,863.00

Final base pay will be determined based on factors including, but not limited to; role responsibilities, experience, skills, education, geographic location, and/or internal pay equity. Please keep in mind that we consider internal pay equity and hiring at the maximum of the salary range uncommon. Total pay may include other forms of compensation including short-term incentive bonus.

Benefits:

We offer a variety of benefits that include comprehensive, affordable health and wellness coverage for you and your family.

  • Paid time off (holidays, vacation and sick days)

  • Medical, prescription drugs, dental and vision coverage

  • Life, disability and AD&D insurance

  • 401(k) plan

  • Flexible spending accounts

  • Tuition reimbursement program

  • Employee assistance programs

  • Telemedicine

  • Work-life balance

  • Employee discounts

  • Wellness program

  • Paid parental leave

Benefits may vary by location and position.

Equal Employment Opportunity

B&G Foods is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, genetic information, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state or local law. Applicants who require a reasonable accommodation to participate in the application or interview process should contact Human Resources. For more information on your federal rights, please review the EEOC's Know Your Rights: Workplace Discrimination Is Illegal poster at https://www.eeoc.gov/poster.

Numbers & Facts

LocationParsippany, NJ
IndustryRetail
Salary$101,897–$135,863 Per Year
Company Size1,000 to 1,499 employees
Websitehttp://www.bgfoods.com/

About Company

B&G Foods and its subsidiaries manufacture, sell and distribute a diversified portfolio of high-quality, branded shelf-stable foods across the United States, Canada and Puerto Rico. Based in Parsippany, New Jersey, B&G Foods’ products are marketed under many recognized brands, including Ac’cent, B&G, B&M, Baker’s Joy, Bear Creek Country Kitchens, Brer Rabbit, Canoleo, Cary’s, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Emeril’s, Grandma’s Molasses, JJ Flats, Joan of Arc, Las Palmas, MacDonald’s, Mama Mary’s, Maple Grove Farms, Molly McButter, Mrs. Dash, New York Flatbreads, New York Style, Old London, Original Tings, Ortega, Pirate’s Booty, Polaner, Red Devil, Regina, Rickland Orchards, Sa-són, Sclafani, Smart Puffs, Spring Tree, Sugar Twin, Trappey’s, TrueNorth, Underwood, Vermont Maid and Wright’s. B&G Foods also sells and distributes Static Guard, a household product brand.

Skills

  • Accidental Death and Dismemberment (AD&D)unmatched
  • Accountingunmatched
  • Alliance/Partner Managementunmatched
  • Analysis Skillsunmatched
  • Budget Managementunmatched
  • Communication Skillsunmatched
  • Cost Controlunmatched
  • Cost Forecastingunmatched
  • Cross-Functionalunmatched
  • Detail Orientedunmatched
  • ERP (Enterprise Resource Planning)unmatched
  • Economicsunmatched
  • Employee Assistance Planunmatched
  • Financeunmatched
  • Financial Modelingunmatched
  • Flexible Spending Accountsunmatched
  • Food Productionunmatched
  • Food Safetyunmatched
  • Insuranceunmatched
  • J D Edwardsunmatched
  • Market Trend Analysisunmatched
  • Marketingunmatched
  • Multiplatform/Cross-Platformunmatched
  • Negotiation Skillsunmatched
  • Performance Managementunmatched
  • Prescription Drugsunmatched
  • Presentation/Verbal Skillsunmatched
  • Pricingunmatched
  • Problem Solving Skillsunmatched
  • Process Improvementunmatched
  • Procurement Managementunmatched
  • Procurement Strategyunmatched
  • Product Costingunmatched
  • Product Developmentunmatched
  • Purchasing/Procurementunmatched
  • Quantitative Analysisunmatched
  • Riskunmatched
  • Risk Managementunmatched
  • Safety Trainingunmatched
  • Sales Supportunmatched
  • Sourcing Strategyunmatched
  • Supply Chainunmatched
  • Team Lead/Managerunmatched
  • Team Playerunmatched
  • Vendor/Supplier Evaluationunmatched
  • Writing Skillsunmatched

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