Procurement Specialist

Summary

The Procurement Specialist will support the rapid growth of Traditional Medicinals and ensure materials are procured through authorized suppliers, in accordance with our Supplier Code of Conduct, and promptly so they are available when needed to support Supply Chain/Production objectives (on-time, in-full). The Procurement Specialist will support the broader Supply Chain team and work closely with cross-functional partners (Quality, R&D, Marketing, Finance, IT) to drive supply chain and operational efficiencies as identified.

While the emphasis of the procurement effort will be on quality and availability, an essential focus of this role will be to improve our interactions with suppliers, drive a heightened level of compliance with social, sustainability, and environmental objectives, and transition the procurement function to a higher strategic level by incorporating industry best practices.

• Actively participate with high-performing cross-functional teams to deliver the procurement goods and raw materials.
• Work collaboratively with other team members to provide the support needed to ensure that all the business procurement needs are met.
• Maintain and improve long-standing relationships with key supply chain partners and drive new strategic supplier relationships where appropriate and needed.
• Ensure current contractual agreements (e.g., Memorandum of Understanding, Supplier Agreements, NDAs, Quality Assurance Documentation, etc.) are in place and enforced.
• Ensure Purchase Agreements/Purchase Orders are executed promptly, are correct, and deliveries are monitored for accuracy.
• Confirm that all financial obligations are accurately managed.
• In coordination with Planning, assure that TM and its co-manufacturing partners are always sufficiently supplied with the right ingredients for scheduled production.
• Act as the departmental liaison in collaboration with other functional teams on key projects and company initiatives.
• Identify areas of process improvement within the supply chain, demand planning, and manufacturing.
• Manage the procurement and delivery process to avoid stockouts of botanical ingredients and packaging.
• Drive cost reduction without sacrificing quality or availability.
• Provide timely and regular purchasing communications with key internal and external stakeholders.
• Identify system weaknesses and work to improve overall system and Procurement functionality.
• Ensure that purchasing and strategic sourcing resources are appropriately managed to maximize working capital initiatives.

• At least five years of overall Procurement/Supply Chain experience
• Experience in sourcing packaging and agricultural ingredients for use in food or dietary supplement production.
• Experience sourcing within a Consumer-Packaged Goods environment.
• Experience in ERP/MRP environment, preferably Microsoft Dynamics AX and Kinaxis for planning.
• Experience in participating in and contributing to building and maintaining a high-performance collaborative culture.
• Background in dealing with an array of complex ingredients and various packaging formats.
• Working knowledge of international commerce is preferred.
• Subject Matter Expertise (SME) in Purchasing from strategy through implementation.

• A bachelor’s degree is preferred, or experience comparable to/equivalent to supply chain.

• Demonstrated ability to initiate, maintain, and improve organizational processes.
• Demonstrated ability to navigate in a high-growth environment while managing ambiguity.
• Demonstrated ability to identify and deploy industry best practice processes for the function.
• Energetic and enthusiastic.
• Collaborative.
• Analytical.
• Problem solver.
• Approachable and diplomatic.
• Strong interpersonal and negotiating skills.
• Strong motivational and leadership skills.
• Views Strategic Procurement as a service within the organization that supports Sales, R&D/Innovation, Manufacturing, and ultimately the end customer.
• Flexible and adaptable to changing business conditions.
• Understands when to be strategic and when to dig in to get things done.
• Resourceful and self-sufficient – understands…