Panera Bread Co Fenton , MO 63026
Posted 2 weeks ago
Job Purpose
The Manager, Strategic Sourcing will be responsible for the procurement strategy for our Produce and Distribution & Logistic categories, overseeing approximately $300 million in annual spend. This leader will be a procurement professional with knowledge on these markets, analyzing trends, mitigating supply risk based on forecasted demand, actively developing deep relationships with current and potential suppliers, working cross-collaboratively with our supply chain team, culinary, QA, and other key internal groups, and executing a strategic procurement plan to ensure that Panera obtains the highest quality products/services at a competitive price.
Personal competencies for success include the ability to master both strategic and operational issues, efficiently manage multiple competing priorities, exhibit outstanding teamwork and collaboration skills, excellent communication, negotiation and relationship skills, and the demonstrated ability to manage through transformational change.
Essential Duties & Responsibilities
The Manager, Sourcing will manage these specific contracts (produce, distribution & logistic) with our third-party providers at Panera.
Category Management
Fully understand third party services contracts with subject matter knowledge in:
Commodity knowledge (Produce)
Distribution, logistics services, and overarching supply network optimization
Cost drivers
Usage and forecasts
New product development
Develop and own the category cost plan; monitor and maintain performance for the year
Recognize, cultivate, and lead cost savings measures to the system and Panera LLC
Negotiate the lowest price based on based on deploying the most profitable response to our demand in consideration of our product specifications, quality, service levels, and industry conditions
Work together with cross-functional partners such as Supply Chain, QA, Operations, Culinary, Finance to provide project visibility and allow for cross functional alignment and execution of Sourcing projects
Develop long term strategic roadmap to competitively position Team Panera, addressing Total Cost of Ownership (TCO), business/supply continuity, and mutual value creation with key suppliers
Supplier Management
Grow, maintain, and establish strong supplier business relationships
Actively solicit supplier performance feedback from Team Panera
Enhance supplier development by communicating Team Panera's performance standards measures anddevelop joint improvement initiatives (product, process, etc) as needed
Conduct and lead regular business review sessions with our supplier partners in order to inform and align them with Panera's strategy for managed products
Develop and ensure up to date management of supplier contingency plans and strategy in the event the primary supplier is unable to perform as required (quality, delivery, spec adherence, etc)
Ensure we have supplier contracts and pricing agreements detailing costs and pricing methodology
Coordinate with Panera's Supply Management team in determining optimal supplier locations and delivery methods
Coordinate the execution of new product (permanent or LTO) introductions in the Panera system-taking into account production lead times, MOQs, and contingency
Qualifications (Education & Experience)
Qualifications include:
Education
College degree in Business, Supply Chain, or an associated Field and/or an equivalent combination of education and experience is required
Specialized knowledge
Contract negotiation
Strategic sourcing
Skills
Exceptional critical thinking skills with strategic mindset
Abilities
Financial understanding of company and department measures
Other personal characteristics
Ability to adapt easily to rapidly changing situations and priorities. Comfortable adjusting concepts to fit new situations.
Comfortable delivering feedback to both supplier partners and internal partners while maintaining a good relationship,leading to effective results
Professional Certification
None required
Experience
5+ years of experience in Procurement, Supply Chain, or Strategic Sourcing
5+ years of Direct/Indirect Services Procurement experience or equivalent is required with at least 5 years of >$300M spend oversight
Demonstrated contract negotiation experience with positive financial and supply outcomes
Working Conditions
Physical Requirements
Direct Reports
Additional Description :
Panera Bread Co