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Manager of Procurement - St Louis, United States - TKC Holdings, Inc.
Description
Overview:
Are you looking for a career with premium benefits and the potential for growth?
At TKC Holdings, weve created something special, a better place to work and grow. Many employees start just expecting a paycheck but end up with a rewarding career. We provide exceptional training and a clear career path.
We are proud to be a military and veteran friendly employer.
About This Position:
The Manager of Procurement and Sourcing will seek to maximize profitability and sales growth for each category with a focus on reducing product cost while maintaining quality, value and reliability.
Categories are analyzed to improve profitability through item rationalization, the identification of alternative suppliers, optimizing freight costs, packaging alternatives, and any other aspects of improving product sales and profitability.
Essential Functions, Duties, and Responsibilities
Develop deep market intelligence for strategic resale good categories by monitoring the category supply base, industry dynamics, and underlying price indices, and establishing senior level relationships with the supply base.
Lead the negotiations for Master Supply Agreements with strategic suppliers.
Create formula-based pricing agreements for pertinent resale goods categories, which would include direct commodity, fx, freight and other inputs.
Manage and lead supply and commodity risk strategy and mitigation plans for pertinent categories.
Responsible for categorys budgeting process as part of the annual operating plan (AOP).
Identify prospective vendors in key product categories. Identify potential item and assortment enhancements and opportunities to consolidate SKUs or vendors.
Optimize sourcing of any resale goods related packaging materials.
Work with sales team to identify and transition customers to more profitable alternatives, as well as assisting them in new sales opportunities.
Facilitate cross-functional correspondence regarding product information with Sales, Operations and Supply Chain teams as necessary.Manage purchase price variance (PPV) for pertinent resale goods in categories within scope.
Support the launch of new product introductions and sourcing new resale goods as well as the transition of replacement items, with close alignment with Sales, Operations, Quality, and Supply Chain teams.
Stay abreast on market trends, cost optimization, innovation and latest technologies to identify new product opportunities by analyzing industry research and attending trade shows.
Become Keefes sourcing expert for resale good categories in scope.Develop and maintain relationships at strategic resale good suppliers through quarterly business reviews, site visits, and other forums.
Utilize quarterly business reviews and other business meetings with suppliers to drive supplier performance with aligned organizational KPIs to measure.
Other duties as determined by the needs of the business.What You'll Need:
Bachelors degree in Business Administration, Supply Chain, or related field, or equivalent work experience.
5 12 years of experience, with at least 3 years in strategic procurement of resale goods at a retailer, distributor, or related type of company.
Have managed an annual spend of at least $30 MM and continuously led sourcing of consistent categories for 2 or more years.
Developed or refreshed one or more procurement category strategies with stakeholder alignment.Demonstrated use of the 7-step strategic sourcing process or equivalent.
Strong analytical skills and computer proficiency, specifically Excel and PowerPoint.
Proficiency in Power BI or equivalent.
Ability to support the tactical and operational needs, while not losing focus on the strategic.
Must have solid influencing skills to ensure team success and to work with cross-functional partners.
Talent for communicating, influencing, and problem-solving.
Ability to work in a fast-paced environment - skilled at planning, organizing, prioritizing, and executing multiple projects with multiple stakeholders.
Optimistic, resourceful, and ready to take on any challengesBenefits:
TKC Holdings, Inc.
offers comprehensive benefits to all regular-full time employees:
Medical w/prescription coverage
Benefit Credit received when enrolled in a TKC medical plan, to help offset your benefit costs. Benefit Credit of $750 annually, will be divided evenly among your paychecks throughout the Plan Year.
Dental
Vision
Basic Life and Basic Accidental Death and Dismemberment Insurance
Short Term Disability
Long Term Disability
Voluntary benefits that can be selected to create the right package for you
TKC also understands the importance of work life balance and planning for the future.
To help with both of these, employees are eligible for paid time off and a Company Match for the 401(k) Retirement Savings Plan.
We now also offer DailyPay providing you immediate access to earned wages.EEO Statement:
We are proud to be an EEO/AA employer M/F/D/V. We maintain a drug-free workplace.
A copy of our Privacy Policy and CA Employee Privacy Notice can be found here:
