Sr. Procurement Manager, Ingredients

Sr. Procurement Manager, Ingredients

fairlife, LLC is a Chicago-based nutrition company that creates great-tasting, nutrition-rich and dairy products to nourish consumers.

With over $3B in annual retail sales, fairlife's portfolio of delicious, lactose-free, real dairy products includes : fairlife ultra-filtered milk ; Core Power High Protein Shakes, a sports nutrition drink to support post-workout recovery; fairlife nutrition plan , a nutrition shake to support the journey to better health.

A wholly owned subsidiary of The Coca-Cola company, fairlife, LLC has been recognized by both Fast Company and Nielsen for its industry leading innovation.

Job Purpose :

The Sr Procurement Manager, Ingredients is accountable for leading all activities within strategic sourcing and procurement operations for the entirety of the ingredients portfolio at fairlife. This role is directly responsible for managing and overseeing the development and execution of sourcing strategies that align with fairlife's strategic objectives : cost improvements, supply resilience, innovation, and supporting growth. The position delivers value to the business by ensuring fairlife sources the highest quality, most cost-effective ingredients from a reliable, high performing supply base. As a key strategic partner to fairlife R&D, you'll be instrumental to fueling innovation. You will lead high-stakes negotiations for new ingredients, directly impacting and defining the evolution of our product portfolio.

You'll be joining a high-growth, collaborative procurement team where our values fuel our results. We own it, pursue better, and take action, delivering success by always doing the right thing and working to win together.

Responsibilities :

• Lead all procurement and category management activities for the Ingredient category at fairlife.
• Identify, develop, and implement sourcing strategies that reduce total delivered cost, mitigate inflationary headwinds, and bolster supply resilience.
• Manage supplier performance through routine business reviews and cross-functional scorecard evaluation process.
• Identify risks and vulnerabilities within ingredients supply base and develop risk mitigation strategies to build a more resilient supply chain.
• Lead Request for Proposal (RFP) process to ensure consistent lowest total cost of ownership.
• Develop and execute vendor agreements in close collaboration with Legal Team.
• Assist in the development and management of annual material cost budgets.
• Analyze and forecast market inflation trends and work to address any price variances to budget.
• Support Product Development R&D Team in innovation and sustainability projects involving supplier & material selection.
• Develop a supply base which creates and sustains a competitive advantage, enabling strong supply chain resilience while effectively leveraging spend, and driving innovation & sustainability.
• Monitor, track and report on savings and key performance indicators for category.
• Stays abreast of industry trends, supplier capabilities, and emerging technologies within the ingredients industry.
• Support new ingredient projects, including supplier selection, qualification, improving supply resilience
• Resolve any unforeseen problems with suppliers relating to operations, purchasing or quality / performance.
• Collaborate with Planning Team on inventory flow & order optimization opportunities.

Skills / Qualifications Required :

Position location : Chicago, IL

Reports to : Director, Direct Materials Procurement

Travel requirements : up to 35%

Base pay offered may vary depending on geography, job-related knowledge, skills, and experience. A full range of medical, financial, and / or other benefits, dependent on the position, is offered.

Base pay range : $125,000 - $150,000 USD

fairlife, LLC is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. All qualified applicants and employees will be given equal opportunity. Selection decisions are based on job-related factors.