Category Sourcing Manager - Others
Best Formulations - rowland heights, CA
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Job Details Job Location Ajax - City of Industry, CA Position Type Full Time Salary Range $101,000.00 - $124,000.00 Salary Job Shift Any Description PRIOR TO SUBMITTING YOUR PERSONAL INFORMATION, PLEASE REVIEW OUR PRIVACY POLICY NOTICE TO JOB APPLICANTS Online Privacy Policy GENERAL DESCRIPTION Best Formulations LLC., a diversified nutraceutical company headquartered in City of Industry, California, is a contract manufacturer and private labeler of thousands of branded, high quality nutritional supplements including softgels, tablets, capsules, powders, and teas. About the role: We are a trusted partner to our customers when it comes to innovation and have one of the strongest R&D, product formulation and technical teams in the industry. We are recognized as the leader in plant-based softgel innovation and our ability to encapsulate difficult formulas. We seek out innovation across our entire business and pass that knowledge and expertise to our customers. We are seeking a dynamic and experienced Category Sourcing Manager - Others to join our procurement team. The Category Sourcing Manager- Otherswill play a critical role in identifying, evaluating, and managing suppliers for various non-core categories within our supply chain. This position requires a strategic thinker with strong negotiation skills, a deep understanding of the nutraceutical industry, and a proven track record of optimizing sourcing processes. How will you contribute: Category Strategy Development: Develop and implement sourcing strategies for non-core categories such as packaging materials, indirect goods, and services to ensure cost-effectiveness and supplier reliability. Supplier Identification and Qualification: Identify potential suppliers, conduct comprehensive evaluations, and establish partnerships with those who meet quality, cost, and reliability standards. Negotiation and Contract Management: Lead negotiations with suppliers to secure favorable terms and conditions, including pricing, delivery schedules, and service levels. Draft and manage contracts to mitigate risks and ensure compliance. Supplier Relationship Management: Build and maintain strong relationships with key suppliers to drive continuous improvement, resolve issues proactively, and leverage opportunities for innovation and collaboration. Cost Optimization: Analyze market trends, benchmarking data, and internal spend patterns to identify cost-saving opportunities and implement strategies to optimize total cost of ownership. Risk Management: Identify potential risks within the supply chain and develop mitigation plans to minimize disruptions and ensure business continuity. Cross-functional Collaboration: Collaborate closely with internal stakeholders, including operations, quality assurance, and product development teams, to align sourcing strategies with business objectives and support new product launches and initiatives. Compliance and Ethics: Ensure compliance with regulatory requirements, ethical sourcing practices, and company policies and procedures. Qualifications Minimum Requirements/Qualifications: Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field. Master's degree or professional certification (E.g., CSCP, CPSM) preferred. Minimum of 5 years of experience in strategic sourcing, procurement, or supply chain management, with a conus on packaging materials and/or raw ingredients progressive experience in sales leadership and customer operations. Also experience in material purchasing in nutritional supplement or food related industry is preferred. Proven track record of development and implementing successful sourcing strategies, negotiating contracts, and achieving cost savings targets while maintaining high-quality standards and supplier relationships. Strong analytical skills, with the ability to analyze market data supplier performance metrics, and financial reports to drive data-driven decision making and strategic insights. Exceptional communication and negotiation skills, with the ability to build and maintain relationships with internal key stakeholders and external suppliers across diverse cultures and geographies. Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint) and experience with procurement software of ERP systems (e.g., SAP, Oracle) preferred. Demonstrated commitment to integrity, ethics, and compliance with regulatory requirements and company policies. Work environment may involve exposure to allergens such as Soy, Wheat, Fish, Shellfish, Milk, Egg, Tree Nuts and Sesame. What Best Formulations can offer you: 401(k) with company match Tuition reimbursement Medical/Dental/Vision/Pet Insurance Health & Wellness programs Generous time off for vacations More about us: As a valued strategic partner, Best Formulations offers a comprehensive program of services, turnkey solutions, and client support that is unmatched in the industry. Our product development team can provide customized, proprietary formulations designed specifically to meet the needs of our customers and their method of distribution. Our vertically integrated manufacturing and packaging process allows us to schedule flexible production runs to respond quickly to shifting market demands. Every step of the way, we are committed to your growth and success! "To develop and strengthen mutually beneficial relationships with our employees, customers, and business partners by providing the highest quality products and the Best customer service. Together We Grow! " This position is currently classified as on-site. Base Salary Range: $101,000 - $124,000, based on candidate professional experience level. Employees are eligible to participate in Medical, Dental, Vision, Life Insurance, 401(k), Holidays, Vacation, Tuition Reimbursement Program. The final salary offered for this position may take into account a number of factors including, but not limited to, location, skills, education, and experience. In accordance with the CO Equal Pay Act, Colorado Applicants Are Not Permitted to Apply. The Company reserves the right to modify, update, change and/or make corrections to this job description, at the sole discretion of senior management, at any time during the employee's employment term, at the sole discretion of management. EEO Statement Best Formulations is an equal opportunity employer committed to employing a diverse workforce and providing accommodations for people with disabilities in all parts of the hiring process as required under its Employment Accommodation Policy. Best Formulations will work with applicants to meet accommodation needs that are made known to Best Formulations in advance.
Created: 2024-11-05