Manager, Commodity Procurement and Risk Management

Employee Type:
Full time

Location:
IL Oak Brook

Job Type:
Supply Chain Procurement

Job Posting

Title:


Manager, Commodity Procurement and Risk Management
About Us:
Tree House Foods is a leading manufacturer of private label packaged foods and beverages, operating a network of over 20 production facilities and several corporate offices across the United States and Canada. At Tree House Foods, our commitment to excellence extends beyond our products and revolves around our people. We are investing in talent and creating a performance-based culture where employees can do their best work and develop their careers, directly impacting our mission to make high quality, affordable food for our customers, communities, and families.

We hope you will consider joining the team and being part of our future.

Named one of America's Best Large Employers by Forbes Magazine, we are proud to live by a strong set of values and strive to "Engage and Delight - One Customer at a Time." Guided by our values
- Own It, Commit to Excellence, Be Agile, Speak Up, and Better Together. We are a diverse team driven by integrity, accountability, and a commitment to exceptional results. We embrace change, prioritize continuous learning, and foster collaboration, transparency, and healthy debate. Together, we set each other up for success to achieve enterprise-wide goals.

What You Gain:

• Competitive compensation and benefits program with no waiting period - you're eligible from your first day!
• 401(k) program with 5% employer match and 100% vesting as soon as you enroll.
• Comprehensive paid time off opportunities, including immediate access to four weeks of vacation, five sick days, parental leave and 11 company holidays (including two floating holidays).
• Leaders who are invested in supporting your accelerated career growth, plus paid training, tuition reimbursement and a robust educational platform - DevelopU - with more than 10,000 free courses to support you along the way.
• An inclusive working environment where you can build meaningful work relationships with a diverse group of professionals. Take advantage of opportunities to build on our team-oriented culture, such as joining one of our Employee Resource Groups.
• Access to our wellness and employee assistance programs.

Job Description:
About the Role:
We are seeking a Manager, Commodity Procurement and Risk Management, based out of our corporate office in Oak Brook, IL. This role partners across the Tree House Corporate Procurement team and key stakeholders to develop and execute procurement category and risk management strategies that support Business Unit objectives. Through excellent communication and collaboration skills, this role will ensure that sourcing and risk management strategies are aligned with the overarching Tree House business strategies, focused on generating continued value to the organization.

You'll add value to this role by performing various functions including, but not limited to:

• Develop category and commodity risk management strategies, while demonstrating the ability to translate the strategies into actionable roadmaps and plans.
• Provide clear and concise market condition updates and the impact of changes in the market to the Company's commodity risk exposure to the Procurement Leadership Team.
• Assure strategic sourcing opportunities and hedging activities are prioritized and executed.
• Execute strategies to manage price risk related to underlying commodity markets and industry dynamics.
• Collaboratively share knowledge and skills in category management, risk management (price and supply security), and negotiations within Supply Chain.
• Manage supplier relationships including KPIs, conduct quarterly business reviews, negotiate contracts and pricing, and serve as a corporate and plant representative in dealings with suppliers.
• Responsible for complex category management, including identifying and leading strategic sourcing events.
• Responsible for annual and monthly financial forecasts for ingredient categories and underlying commodity positions, as well as reporting purchase price variance and mark-to-market valuations.
• Stay abreast of the latest contracting processes and technologies that have implications for strategic sourcing.
• Continually monitor, analyze, and assess pricing and delivery trends that impact category spend and continuous communication with Procurement leadership, Finance, and Manufacturing.
• Communicate category strategies, risk management strategies, and gain alignment with internal stakeholders.
• Produce purchasing recommendations at targeted price levels, quantities, and time frames.
• Coordinate with the Continuous Improvement Team, internal stakeholders, and suppliers to develop a continuous improvement pipeline and action plans to deliver ongoing value to the organization.
• Ensure completion of accurate spend analysis and execute long-term, sustainable strategies that create productivity.
• Assist in the development of annual budgets.
• Resolve vendor disputes with suppliers related to…