Procurement Commodities Manager - Veg Oils

Overview The Procurement Commodities Manager role provides a unique and entrepreneurial opportunity to collaborate globally with category leads and cross-functional leaders, developing business cases and influencing category strategies. Collaboration with functional/Business Sr Director, VP + is frequent and required, therefore executive level communication skills are paramount. Strong stakeholder engagement is necessary. Additionally, this role will require the ability to understand vegetable oils sourcing and influence key decision-makers, particularly across various sectors.

Responsibilities Support oil portfolio management - USD 2.500MM spend Category Strategy
- Partner with global and sector procurement leads to develop and deploy world-class sourcing strategies to step-change productivity and sustainability across Pepsi Co's global food and beverage units. Contracting
- Lead RFPs, negotiations, and contracting, partnering with sector Procurement. Supply Assurance
- Lead plan to ensure robust supply/service for end-to-end Veg Oils supply. Supplier Relationships
- Develop, implement, and maintain strategic supplier relationships that deliver cost reduction, supply capacity, quality improvement, sustainability, and innovation. Establish KPIs, track, and drive continuous improvement plans. Productivity
- Develop a multi-year and pipeline productivity strategy driven by transformational unlocks to reduce costs, leverage of global insights and scale, and robust negotiations. AOP (Annual Operating Plan) - Partner with sector leads to deliver and exceed AOP. Industry Insights
- Engage with peers and suppliers, understanding of financial markets, professional organizations, government and non-government organizations, trade associations, and academia to drive new ideas. Risk Management
- Develop and deploy hedging capabilities to manage risk across oil supply and financials. New Opportunities
- Investigate and identify potential innovative sourcing opportunities and collaborate with Supply Chain to develop optimization plans. Leadership
- Inspire, motivate, and influence global peers and leaders to embrace consolidated strategies, complex negotiations, scaled supplier approach, and new value-added processes. Compensation and Benefits:
The expected compensation range for this position is between $110,700 - $185,250. Location, confirmed job-related skills, experience, and education will be considered in setting actual starting salary. Your recruiter can share more about the specific salary range during the hiring process. Bonus based on performance and eligibility target payout is 12% of annual salary paid out annually. Paid time off subject to eligibility, including paid parental leave, vacation, sick, and bereavement.

In addition to salary, Pepsi Co offers a comprehensive benefits package to support our employees and their families, subject to elections and eligibility:
Medical, Dental, Vision, Disability, Health, and Dependent Care Reimbursement Accounts, Employee Assistance Program (EAP), Insurance (Accident, Group Legal, Life), Defined Contribution Retirement Plan. Qualifications

Education/Certification:

BS in Supply Chain, Logistics, Finance. Preferred degree with focus in Business, Ag Economics, or Engineering.

Work Experience:

7+ years of work experience in engineering, research & development, purchasing, or other relevant experience Skills & Capabilities:
Strategic thinking:
Ability to translate strategies into plans that can be effectively executed Functional expertise:
Very good knowledge of the veg oils chain as well as the veg oils market (supplier & competitor landscape, market fundamentals, agricultural forces, biodiesel, etc.) Excellent leader, demonstrating ability to influence up and across the organization Excellent communication and presentation skills, with ability to clearly communicate vision and quickly gain alignment with senior management, both internally and externally Ability to support strategic sourcing, supplier relationship management and total cost of ownership Excellent skills in analytics, financials, program management, negotiation, influencing, and collaboration…