Senior Procurement Manager

This is a fully remote position, open to applicants in United States.

📋 Description

• Manage the complete procurement and supply chain for raw materials, packaging, and contract-manufactured products.

• Oversee supplier relationships, including costs, terms, performance, forecasting alignment, replenishment, and future purchasing decisions following the initial purchase order (PO) placement.

• Make final purchasing decisions prior to placing POs, validating quantity, timing, supplier, and pricing.

• Negotiate supplier pricing, minimum order quantities (MOQs), lead times, payment terms, and performance expectations.

• Evaluate suppliers and identify opportunities for cost reduction.

• Collaborate with Finance to understand the impact on costs of goods sold (COGS) and communicate any cost increases, supply risks, and market changes.

• Work alongside the Sales, Inventory, and Operations Planning (SIOP) lead to convert demand signals into optimized purchasing decisions and challenge inefficient plans.

• Manage inventory levels, service levels, storage costs, and working capital while preventing overstocking, emergency purchases, and inventory driven by MOQs.

• Ensure creation, tracking, delivery, discrepancy resolution, and maintenance of audit-ready procurement records for POs.

• Enhance procurement processes and systems.

• Create and maintain a rolling 13-week inventory cash forecast.

• Monitor and report Weeks of Supply for raw materials, packaging, and co-manufactured items.

• Identify excess, at-risk, understocked, obsolete, and slow-moving inventory and escalate necessary actions.

• Track purchasing price trends and cost drivers.

• Develop and utilize supplier scorecards covering on-time in full (OTIF), quality, and reliability.

• Report on PO accuracy, reactive/expedited purchasing, and inefficiencies driven by MOQs.

• Provide reports to Finance, Planning, and Operations regarding risks, opportunities, and necessary decisions.

• Maintain optimal Weeks of Supply, measurable cost savings and avoidance, improved supplier performance, reduced reactive purchasing, and accurate cash-flow forecasting.

⛳️ Requirements

• Over 8 years of relevant experience in procurement, strategic sourcing, materials management, or supply chain, preferably within the food, beverage, or consumer packaged goods (CPG) sectors.

• Willingness to take occasional evening calls with offshore vendors across various time zones.

• Proven ownership of supplier relationships and commercial negotiations, including pricing, MOQs, lead times, payment terms, and supplier performance.

• Demonstrated success in achieving measurable cost savings, cost avoidance, and improvements in COGS through strategic sourcing and supplier negotiations.

• Experience in managing raw materials, packaging, and contract-manufactured products, including replenishment planning, inventory optimization, and ensuring supply continuity.

• Strong analytical and financial skills, with experience in managing weeks of supply, working capital, purchase price variances, and cash-flow forecasts related to inventory or purchasing.

• Proficiency in ERP/MRP systems and advanced Excel skills.

• Ability to collaborate cross-functionally with Finance, Planning/S&OP, Quality, and Operations teams.

• Fluency in Mandarin Chinese is a plus, both spoken and written, for direct communication with vendors.

🏝️ Benefits

• Comprehensive health coverage, including medical, dental, and vision insurance.

• MiLa pays 75% of employee premiums and 25% of dependent premiums.

• Optional Extra Protection for Life & Accidental Death and Dismemberment (AD&D) (with guaranteed issue amounts at the time of hire), Hospital, and Short-Term Disability coverage.

• 401(k) plan.