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Senior Procurement Category Buyer

Location: 

Buffalo, NY, US, 14213 NY, US PA, US OH, US

Req ID:  30764
Segment:  Procurement

Rich’s, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $4 billion, Rich’s is a global leader with a focus on everything that family makes possible. Rich’s®—Infinite Possibilities. One Family.

PURPOSE STATEMENT

This role will manage their assigned strategic business categories to ensure that Rich’s requirements for delivery, quality, cost and safety are met and that Rich’s Values are maintained throughout the supply base.

They are likely to be responsible for management of several highly functional including but not limited to: Emulsifiers, Hydrocolloids, Yeast, Dough Conditions, Flavors and Colors. Direct experience in these fields preferred but not required.
 

KEY ACCOUNTABILITIES/OUTCOMES

Strategic Sourcing & Savings

  • Develop and maintain a long-term sourcing roadmap that identifies key sourcing opportunities.  Execute sourcing events by developing and launching RFI/RFPs, developing a negotiation strategy, negotiating with potential suppliers and executing contracts.
  • Optimize total cost of ownership by identifying cost savings and joint process improvements that help drive efficiencies throughout the entire supply chain.  
  • Lead the identification and implementation of cost savings initiatives by working with internal business partners to understand the key business requirements, identifying capital requirements, developing business cases and being the Procurement lead for the implementation of the project.

 

Financial Risk Management

  • Analyze and interpret market information for translation into monthly forecasts, including future biases and identification of financial risks and opportunities.   
  • Responsible for key financial analysis that supports the completion of critical reports including the monthly financial projection. Develop and present market reports to key stakeholders including executive leaders, business leads and customers.
  • Leverage financial risk management tools to develop a short and long-term risk management strategy for key commodities that drive category prices.  Align risk management strategies with business unit strategies and risk profiles through proactive communication with business stakeholders.

 

Business Support

  • Support global partners by providing market expertise for shared markets, leveraging global suppliers to drive efficiencies and innovation, and collaborating on best practices.
  • Collaborate with and influence marketing and R&D to help drive innovation and commercialize new products through identification of suppliers, providing product cost to meet P&L objectives, identifying product supply chain challenges and opportunities, and providing commodity expertise to help in the development of a business plan.
  • Review and interpret key supplier metrics to assist Quality Team in maintaining consistent material quality from supplier in assigned category.  

 

Supplier Relationship Management

  • Negotiates and maintains supplier agreements that provide the maximum total cost of ownership benefit through price, product quality protection, limitation of financial and supply risk, and optimization of supply chain requirements (i.e. lead times, order quantities, etc.)
  • Develop key supplier metrics that help drive consistent service levels from suppliers as well as timely action plans to address and resolve supply issues.  Provide daily management of suppliers including Supply Chain support for: forecasting, pricing, invoicing and inventory levels.  Conduct periodic supplier reviews and visits.
  • Leverage supplier relationships to help address and resolve quality issues.

 

Leadership

  • Provide leadership to other team members to mentor on and develop business best practices for processes such as Supplier Relationship Management, financial and supplier risk mitigation, and negotiations.
  • Be an advocate for Procurement's key business commitments including acting with a sense urgency, effectively communicating with key stakeholders, understanding the voice of customer and demonstrating leadership as the subject matter expert.
  • Be the Trusted First Choice demonstrating culture shifts within cross-functional teams, providing insights and leveraging business acumen to drive holistic value to our customers.

KNOWLEDGE/SKILLS/EXPERIENCE

  • Bachelor’s degree in Business Administration or related field
  • 5 years job related experience, OR Master’s degree in related field with minimum 3 years job related experience.
  • Demonstrated expert on market conditions related to assigned categories, as well as the key macroeconomic influences that drive market price fluctuations.
  • Experience with complex data modeling and complex data management
  • PC skills (Excel, Word, database, statistical software) and the ability to create spreadsheets, computer analysis, report writing
  • Travels regularly (up to 15% of time)

 

#LI-AD1

#LI-REMOTE

#IND123

Rich Products Corporation, its subsidiaries and affiliates (“Rich’s”), are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, gender identity, sexual orientation, marital status or any other legally recognized protected basis under federal, state, or local law. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.

 

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Rich’s. Please contact Rich’s Human Resources department at asc@rich.com if you need assistance completing this application or to otherwise participate in the application process.

BRINGING YOUR BEST SELF TO WORK.

As a family-owned company, caring for our associates—their whole selves—is a top priority. That’s why we provide benefits and tools to help our people balance the integration of work and life:

  • Competitive compensation
  • Health & financial benefits
  • Paid time off
  • Parental leave
  • Family planning support
  • Flexible work policy
  • Associate affinity groups
  • Volunteering & community impact opportunities
  • Holiday gatherings
  • In-house taste tests (we are a food company after all)!

It’s all part of how we support our family of associates. Because in the company of family, all things are possible.

MEET RICH’S.

Rich’s, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $3.8 billion, Rich’s is a global leader with a focus on everything that family makes possible. Rich’s®—Infinite Possibilities. One Family.


Nearest Major Market: Buffalo

Job Segment: Pre-Sales, RFP, Sales

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