Sr. Manager, Supplier and Commodity Risk Management (P1-6066042-1)

Summary of Job Description:

The Sr. Manager, Supplier and Commodity Risk Management is responsible for developing strategies, processes, and guidance for proactive risk management of suppliers, commodities, and portfolio of goods and services within Supply Chain Management. This position ensures business continuity and supply chain resilience by executing the risk management program for various categories, ensuring that the suppliers selected fit Panda's culture and philosophy, have the necessary capacity and financial stability, and provide the items at the best price and highest quality.

Job Responsibilities:

• Develops and continually improves risk management tools, practices, and metrics to help SCM understand and manage specific risks, including commodity, supplier, portfolio, and financial risks. Identifies the potential for expansion of risk management activities into other portfolio areas.
• Collects, manages, and reports external market intelligence. Provides insights and reports on commodity and supplier performance, trends, and forecasts to senior leadership by relaying complex information in an accessible format. Stays ahead of industry trends, regulatory changes, and best practices to ensure PRG remains competitive and compliant in the food service supply chain landscape.
• Implements data-driven decision-making systems for risk management measures through advanced analytics, automation, and AI
• Champions a culture of continuous improvement by embedding structured prioritization frameworks aligned with enterprise strategies; and identifies best practice amongst peer companies and in other sectors where appropriate
• Monitors commodity price fluctuations to take proactive measures to mitigate cost and supply assurance risks. Advises senior leadership with timely, comprehensive risk management advice on the buying and contracting of specific commodities and products, including coverage recommendations to optimize value in commodity markets
• Responsible for achieving strategic optimal arrangements related to procuring commodities and heavily-commodity-influenced products for the company through collaboration with the related Sourcing professionals. Assist Sourcing Managers in managing their portfolios through exploration of commodity impacts to pricing and appropriate levers to mitigate risks.
• Develops and refines supplier qualification criteria and assessment process to ensure third-party suppliers' financial stability, operational reliability, and food safety/food quality controls. Evaluates potential suppliers in collaboration with other PRG departments concerning the viability of their product and acceptability of their manufacturing facility.
• Provides financial planning and budgeting support for Annual Operating Plan and Limited Time Offers based on insights related to commodities, industry trends, regulatory changes, and other macro environmental impacts.
• Identifies, assesses, and mitigates potential threats to PRG's supply base, such as supplier failures, single sourced items, geopolitical instability, or natural disasters, by conducting risk assessments, developing contingency plans, implementing risk management processes and tools, and ensuring business continuity and supply chain resilience.
• Recruits, selects, and develops an effective team of sourcing professionals and support staff. Provides leadership, coaching and development to the team to meet the department's people planning and development goals.

How we reward you:

• Hybrid Work schedule
• 401K with company match
• Yearly bonus opportunity*
• Full medical, dental, and vision insurance *
• On-site fitness center, biometric screen, and flu shot clinic
• Discounts at Panda restaurants, theme parks, and gym memberships
• Paid time off starting at 15 days with 7 federal holidays*
• Continuous education assistance and scholarships*
• Income protection including Disability, Life and AD&D insurance*
• Bereavement leave*
• Benefits available for eligible permanent full time associates

Your background & experience:

Bachelor's degree in business or equivalent field required; MBA preferred

• · Minimum seven years of experience in Supply Chain Management, preferably in a nationally branded retail/hospitality organization
• Successful completion of initial and periodically required trainings.
• Obtaining a valid Food Handler's Card within 30 days of employment is a requirement of this position.

Pay Range: M3: $127,000 - $178,000 / Annual

• Within the range, individual pay is determined using various factors, including work location and experience.

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Panda Strong since 1983:

Founded in Glendale, California, we are now the largest family-owned American Chinese Restaurant concept in America. With close to 2,800 locations globally, we continue our mission of delivering exceptional Asian dining experiences by building an organization where people are inspired to better their lives. Whether it's impacting our team or the communities we work in, we're proud to be an organization that embraces family values.

You're wanted here:

Panda Restaurant Group, Inc. is an Equal Opportunity Employer and is committed to providing equal opportunity, and does not discriminate on the basis of any characteristic protected by law, including but not limited to sex/gender (including pregnancy, childbirth, lactation and related conditions), gender expression, race, color, religion, national origin, sexual orientation, gender identity, disability, age, ancestry, medical condition, genetic information, marital status, and veteran status. Additionally, Panda Restaurant Group, Inc. complies with all federal, state, and local laws regarding requests for workplace accommodation. The Americans with Disabilities Act (ADA) prohibits discrimination against qualified individuals on the basis of disability. Applicants are entitled to reasonable accommodations, absent undue hardship, to effectively participate in the application and hiring process, for example, sign language interpreters. If you believe you require an accommodation for the application or interview process or for the position for which you are applying, please reach out to TASupport@PandaRG.com.