VP Operations - Procurement
Company: The Better Being Co.
Location: Ogden
Posted on: September 21, 2023
Job Description:
The VP Operations - Procurement will lead all direct and
indirect sourcing & procurement activity across sourcing,
contracting, procure to pay processes, invoicing. The scope of
control is $96M in direct spend and $61M in indirect spend. The
leader will manage a team of 8 procurement FTEs. Essential
Functions: -
- Responsible for all source to pay activities related to raw
material, packaging, and corporate indirects
- Drive 3-4% year-over-year productivity through continuous
improvement projects, net of commodity inflation.
- Lead the development of category sourcing strategies, including
spend baseline management, supply market intelligence, sourcing
cadence and calendar, supplier development, make vs. buy approaches
etc. -
- Support new product development activity, including
participating in the NPD process, identify new vendors for raw
materials, negotiate pricing and/or exclusivity agreements where
appropriate. -
- Proactively partner with Marketing to reduce complexity and SKU
counts in raw materials and packaging and reduce the number of
single sourced items significantly over the next 18-24 months.
- Account for the performance of BBCO's procure to pay process,
including PO requisition, PO issuance, invoicing, and vendor
payment, including establishing standard payment terms.
- Own and drive the Transformation Program for Procurement,
delivering more than $3M in EBITDA impact for FY24. Additional
Responsibilities: -
- Establish a supplier code of conduct.
- Ensure that BBCO vendors are following all local and
country-level laws and regulations for employee pay, child labor,
employee safety and wellness.
- Establish clear delegation of authority and decision rights for
PO approval.
- Partner with BBCO Quality and S&OP functions to ensure
vendor fill rates are consistently above 90% Job Qualifications: -
- Bachelor's degree, Master's degree preferred, but not
required.
- Minimum of 15 years of procurement leadership experience, with
a track record of leading category teams in direct materials,
delivering significant year-over-year cost improvements. Prefer
candidates with direct experience in food & beverage categories,
for e.g., food-grade ingredients, packaging etc. -
- Direct category experience in natural ingredients would be
preferred.
- Trained in industry leading sourcing frameworks, e.g., 7-Step
Strategic Sourcing Process
- Experience with advanced procurement analytics, e.g., should
cost models, regression-based cost analysis, product cost
teardowns. Ideal candidate would have deployed procurement spend
analytics tools.
- Experience leading procurement transformation initiatives
across multiple workstreams and building internal team capabilities
in areas like analytics and sourcing category management.
- High level of proficiency in Excel, Power Point, Tableau or
Power BI This description is not intended to be an exhaustive list
of responsibilitiesand qualifications.
The position, duties, and qualifications are subject to change at
any time. We provide equal employment opportunities to all
employees and applicants for employment and prohibits
discrimination and harassment of any type without regard to race,
color, religion, age, sex, national origin, disability status,
genetics, protected veteran status, sexual orientation, gender
identity or expression, or any other characteristic protected by
federal, state or local laws. This policy applies to all terms and
conditions of employment, including recruiting, hiring, placement,
promotion, termination, layoff, recall, transfer, leaves of
absence, compensation and training.
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Keywords: The Better Being Co., Ogden , VP Operations - Procurement, Executive , Ogden, Utah
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