International Food Products Corporation · 1 day ago
Procurement Category Manager
Fenton, MO
Full-time
Onsite
Senior Level
5+ years expInternational Food Products Corporation is a family-oriented company that values its employees as its greatest asset. The Procurement Category Manager will manage product categories by collaborating with suppliers and internal teams to drive growth and profitability.
AgricultureConsumer GoodsFood and Beverage
Responsibilities
Develop working partnerships with IFPC suppliers and develop new supplier relationships to support category growth
Conduct negotiations with suppliers
Learn and understand product characteristics, uses and functionality to become the subject matter expert in assigned categories
Learn and understand the customer base and product applications and be able to identify emerging trends and new market segments to achieve category growth
Work closely with Sales and Supply Chain to maximize profit margins and reduce inventory age and risk
Understand market pricing and how it relates to both direct sales and distribution sales
Identify and understand market competitors and develop strategies to combat competitive strategies
Assist Sales and Marketing in developing and executing strategies
Work closely with other Category Managers in the development and execution of product strategies that complement each other
Work with Sales to maximize profits through direct customer communication, customer visits, sales meetings, trade show attendance and other support as needed
Travel as necessary to industry and category specific functions to increase product knowledge and become a part of the industry community for assigned categories
Develop strategies to focus on core products and to minimize the addition of non-core products
Participate in employee training on products within assigned categories
Actively support the Sales and Marketing efforts by participating in monthly webinars, helping with the monthly newsletter, providing daily market emails as needed, and participating in monthly meetings with Sales
Develop supplier and industry relationships that provide IFPC with special or privileged access to strategic relationships, market information, buying opportunities, and business growth opportunities
Manage category-specific risk positions
Qualification
Required
4-year degree in business, agriculture, food science, science or other related field
5+ years of relevant professional experience
Exceptional skills in negotiating, influencing, analyzing problems, decision making, and taking initiative
Strong ability to manage multiple products/SKUs at a time
Acts with integrity and honesty, building trust through all interactions
Interpersonal skills to build rapport, network, and maintain effective business relationships within and outside the company
Understanding of procurement, logistics, and inventory management
Strategy development skills with the ability to manage short-term goals to meet long-term objectives
Proficient in Microsoft Suite programs
Benefits
Medical / Dental / Vision / Life / Disability
401k with a Matching component
Paid Time Off – vacation, sick, 9 paid holidays.
Company
International Food Products Corporation
International Food Products Corporation supplies quality ingredients and manufactures custom formulations for the food, beverage, and dairy industries throughout the U.S.
51-200 employees
Funding
Current Stage
Growth StageRecent News
Company data provided by crunchbase