Category Manager, Ingredients

Company:  Sourcing Industry Group (SIG)
Location: Chicago
Closing Date: 18/10/2024
Salary: £150 - £200 Per Annum
Hours: Full Time
Type: Permanent
Job Requirements / Description
Feastables is on a mission to create the world’s most engaging brand. As the CPG industry teeters on the edge of transformation, trust has shifted from traditional corporate giants to innovative individual creators. With the backing of MrBeast, the world’s most influential creator, and our unwavering commitment to transparency and superior quality, we are strategically positioned to become the go-to snacking brand for future generations. At the heart of our ethos is the belief that anything is possible. This belief ignites our innovation and drives us to push boundaries. It’s what enables us to deliver incredible products and unique, engaging experiences that keep our fans and customers coming back for more. Though recognized for our chocolate bars, our vision goes beyond a single product category. We aim to offer a diverse product range, each item tailored to meet our customers’ unique tastes and needs. Regardless of the variety, all of our products share a common trait – the guarantee of quality and fun that Feastables is known for. We’re not just building a brand; we’re crafting a legacy and just getting started. We are charting an unprecedented path, at an unbelievable velocity, and seeking extraordinary individuals to help us shape the next iconic global brand. Together, we will build something truly remarkable that will resonate with customers worldwide and stand the test of time. About The Role: As our Category Manager, Ingredients, you will collaborate extensively with product development, marketing, and supply chain teams, ensuring a seamless translation of category strategies into impactful market realities. You will harness in-depth analyses of market trends to signal buys at the correct time and volume in collaboration with supply/demand planning. Your role will balance creative innovation with analytical rigor and execution, ensuring our raw material strategies drive growth, and optimize margins. If you’re passionate about making a tangible impact and driving forward raw material initiatives that set industry benchmarks, we’re looking for you to join us and help build something truly remarkable – read on below! What You’ll Be Doing: Develop and implement category strategies specifically related to confectionery ingredients procurement, sourcing, and management, with hyper focus on sugar, cocoa, and vanilla Utilize expertise in commodities market and trends to analyze market dynamics, anticipate price fluctuations, and identify strategic sourcing opportunities Collaborate with cross-functional teams to identify, source, and procure high-quality ingredients (including but not limited to sugar, cocoa, vanilla, nuts, grains, etc.) Cultivate strong relationships within raw material suppliers, leveraging market expertise to negotiate favorable pricing agreements/contracts and supply terms within our network of approved suppliers or vet new suppliers for optimal costing Conduct the RFP process, bid analysis and review, contract negotiations, and blanket purchase agreement creation for managed category Assist Sr. Buyer with purchase order placement for raw material ingredients, considering market trends, pricing forecasts, and inventory management needs Lead ingredient-related projects, utilizing market expertise to anticipate and address potential challenges and opportunities Develop dashboard views, reports, and project plans that incorporate commodities market insights to optimize project timelines, resource allocation, and risk management strategies Provide strategic recommendations based on data-driven insights to optimize ingredient procurement and management processes Drive sustainability efforts within the ingredient category, integrating market expertise to identify sustainable sourcing opportunities and promote ethical supply chain practices (Experience in FairTrade USA and FairTrade Int’l guidelines a plus.) Partner with suppliers and internal stakeholders to implement sustainability initiatives that align with corporate values and market trends Recipe For Success: Bachelor’s degree in Food Science, Supply Chain Management, or a related field (Advanced degrees or certifications in commodities trading or market analysis are a plus) Several years of experience in Category Management, Procurement, or Supply Chain Management, with a focus on ingredient sourcing and management within the confectionery industry, as well as a strong expertise in commodities market analysis and trends Exceptional analytical abilities to interpret commodities market data, analyze trends, and make informed decisions regarding ingredient procurement and management Excellent communication and negotiation skills to effectively collaborate with suppliers, internal teams, and stakeholders. Ability to articulate complex market insights and recommendations Demonstrated experience in project management, with a track record of successfully leading ingredient-related initiatives and projects A commitment to sustainability and corporate social responsibility, with experience implementing sustainable sourcing practices and initiatives within the ingredient supply chain Why Feastables? We value experience. For our customers, our partners, and our employees. We hire awesome people (like you!) who are smart, driven, and have a growth mindset. We have a thriving culture where you’ll have interesting problems to solve with the autonomy you need to make a difference. And, of course, we have the perks/benefits to enable you to do your best work. Competitive Salary 100% employer paid option for medical, dental, and vision 401(k) with an employer match Monthly stipends for wellness & cell phones 14 company paid holidays Unlimited PTO policy Delicious chocolate & snacks of course! RECRUITERS: We do not accept unsolicited assistance from search firms or recruitment agencies – please, no phone calls or emails. #J-18808-Ljbffr
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Sourcing Industry Group (SIG)
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