Strategic Sourcing Manager (Packaging)
Impossible Foods
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Posted on Sep 27, 2024
Impossible Foods was founded to transform the global food system and reduce the impact of climate change by making the world’s most delicious, nutritious, and sustainable meat, fish, and dairy — from plants. We’re building a rockstar team of brilliant, collaborative, mission-driven individuals who take pride in using their diverse skills to contribute to saving our planet.
Want to join the movement? You can help us solve the most urgent, important challenge facing the world today (and have fun doing it).
Job Summary:
As a Strategic Sourcing Manager (Packaging) at Impossible, you will play a pivotal role in advancing our mission by strategically sourcing packaging for our products. This role demands a proactive approach in managing the entire packaging category, from developing strategies and managing supplier relationships to driving cost reduction initiatives and supporting new product developments.
● Category Strategy Development: Craft and implement a long-term strategy for the packaging category that aligns with business objectives and market dynamics.
● Supplier Management: Oversee the supplier landscape including sourcing new suppliers, negotiating contracts, and managing supplier performance to ensure quality and cost-effectiveness.
● Cost Management: Drive cost reduction initiatives through effective negotiation and strategic sourcing. Develop should-cost models and perform cost benchmarking across the industry.
● Cross-functional Collaboration: Work closely with Engineering, Operations, Finance, and Marketing to support new product developments and cost-saving projects. Ensure alignment across departments through effective communication and consensus-building.
● Risk Management: Develop comprehensive risk assessment and mitigation plans for the supply chain. Establish redundancy plans and a long-range supply plan to support business growth.
● Innovation and Improvement: Identify and evaluate new suppliers and technologies. Lead efforts to optimize procurement processes and enhance operational efficiencies.
Essential Job Functions:
- Lead all aspects of the sourcing and negotiation process for the packaging used in our manufacturing process.
- Complete supplier contracts efficiently, including multi-year agreements.
- Manage and develop relationships with existing and potential suppliers.
- Develop a long-term category strategy based on an understanding of business goals and objectives, formulation roadmap, supplier landscape, and competitive benchmarking.
- Effectively document, communicate, and gain consensus across the organization to ensure alignment.
- Collaborate with multiple teams to ensure the seamless integration of packaging needs into broader company projects.
- Continuously seek and implement cost-saving opportunities.
- Perform required business analysis with a strategic focus on total cost of ownership. Responsible for developing should-cost models for current and future packaging items with a deep understanding of cost drivers for each.
- Negotiate costs with suppliers to ensure Impossible is reducing costs over time, benchmarking costs across the industry and multiple suppliers
- Lead cross functional teams to develop quality requirements to ensure quality responses from suppliers
- Actively develop secondary and tertiary sources of supply for managed Items.
- Lead cross functional supplier selection activities through management of formal RFP, RFQ and RFI processes
- Evaluate the financial stability of potential suppliers
- Establish a supplier performance management process to manage and accelerate supplier business performance and relationships. Continuously seek out cost savings opportunities and lead efforts to realize those savings
- Strong internal partner management skills – capacity to listen, build trusting relationships in all levels of the organization, understand and capture needs to deliver effective solutions
- Works beyond the traditional procurement metrics to achieve operational and technical improvements to the business process.
Basic Qualifications:
- Bachelor’s degree in Supply Chain Management, Business, Economics, or a related field.
- 5-7 years of relevant packaging sourcing experience, preferably in the food, CPG, biotech, or pharma industries.
- Strong negotiation skills and in-depth knowledge of the packaging sourcing process.
- Ability to solve problems and deal with variability in situations where only limited standardization exists.
- Excellent analytical skills and proficiency in Microsoft Excel and PowerPoint.
- Ability to manage multiple projects and stakeholders effectively.
- Ability to travel 15-20% of the time.
- Excellent verbal and written communication skills.
- Strong interpersonal skills with a proven ability to build and maintain relationships.
- Passion for sustainability and a commitment to Impossible’s mission.
Preferred Qualifications:
- Master’s degree or MBA preferred.
- ERP system experience.
Impossible Foods Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, status as a protected veteran, status as a qualified individual with a disability, or any other trait protected by law.
Impossible Foods offers opportunities to all job seekers including job seekers with disabilities. If you need a reasonable accommodation to assist with your application for employment or interview process, please contact us by sending an email to recruiting@impossiblefoods.com or call 855-877-6365. Resumes or CVs submitted to this email inbox will not be accepted.
If the ability to work remotely is indicated, this role can be performed from any US state except for Alaska, Hawaii, New Mexico, Oklahoma, and Wisconsin.
This role is not eligible for Visa Sponsorship.
This job is no longer accepting applications
See open jobs at Impossible Foods.See open jobs similar to "Strategic Sourcing Manager (Packaging)" Climate Draft.