fairlife, LLC ยท 2 weeks ago
Senior Procurement Manager, Dairy
Chicago, IL
Full-time
Onsite
Mid, Senior Level
$125K/yr - $150K/yr
5+ years expfairlife, LLC is a Chicago-based nutrition company that creates great-tasting, nutrition-rich dairy products to nourish consumers. The Procurement Category Manager, Dairy will develop long-term milk sourcing strategies, manage supplier relationships, and drive category performance while ensuring a stable supply of milk.
Food & Beverages
Responsibilities
Identify Opportunities and Execute Bi-Product Sales agreements for Cream and Lactose
Manage Spot and Contract Cream and Lactose opportunities
Along with the Director of Milk Procurement- Plan and Organize Milk Procurement activities across fairlife
Collaborate with internal stakeholders to share forecasts and expectations with external partners to ensure effective milk planning
Identify risks and vulnerabilities within milk supply base and develop risk mitigation strategies to build a more resilient milk supply chain
Support Request for Proposal (RFP) process to ensure consistent lowest total cost of ownership
Collaborate with internal stakeholders to develop and maintain tools for enhancing transparency and traceability to farm-level trends in milk supply, component levels, quality performance and environmental considerations
Analyze current and projected dairy market conditions and identify key trends and opportunities for the business
Create milk market forecasts and reports to support the Commodity Risk Management team
Develop presentation tools to be used in monthly and quarterly commodity price risk management meetings with CEO, CFO, and other key Executive Leadership team members
Analyze and forecast market inflation trends and work to address any price variances to budget
Collaborate cross-functionally to refine and optimize supplier framework for internal requirements to ensure the highest-quality-milk from farms committed to continuous improvement towards animal care
Develop and execute vendor agreements in close collaboration with Legal Team
Manage vendor relationships, track performance, and communicate performance feedback
Identify, support, and implement raw material cost reduction opportunities
Assist in the development and management of annual material cost budgets
Monitor, track and report on savings and key performance indicators for category
Assist in resolving any unforeseen problems with suppliers relating to operations, purchasing or quality/performance
Qualification
Required
Bachelor's Degree required (Preferably in Agricultural Economics, Supply Chain, or Engineering). Master's Degree a plus
Strong knowledge base of dairy markets, milk pricing and dairy policies
5+ years of Procurement Category Management experience or equivalent
Master in negotiation, value generation
Ability to influence senior leadership teams at Plant level and Corporate Function level
Experience working cross-functionally with Quality, Planning and Animal Welfare Teams
Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community
Strong communication skillset, both orally and in writing
Ability to handle ambiguity and work in a fast paced, entrepreneurial environment
Benefits
A full range of medical, financial, and/or other benefits, dependent on the position, is offered.
Company
fairlife, LLC
fairlife, LLC is a Chicago-based nutrition company that creates great-tasting, nutrition-rich and dairy products to nourish consumers.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Tim Doelman
Chief Executive Officer
Eileen Thanner
Chief Operating Officer
Recent News
Rochester Business Journal
2023-06-05
Rochester Business Journal
2023-05-10
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