As the Associate Sourcing Manager - Flour, you have a key role sitting within the Global Flour and Oats team and reporting to the Global Flour Senior Sourcing Manager. This category directly manages over $280 million in annual spend primarily in support of North American Foodservice, Meals and Snacks while also overseeing one direct report (Buyer - Pasta, Wheat & Other Flour). Your role will act as the face of the category for the North America region with significant connections to the business and managing supply relationship responsibilities. You will lead partnerships across Sourcing, Grain Merchandising, Innovation Technology & Quality and other functional stakeholders to deliver deep understanding of commodity markets, functionality in products, while delivering end-to-end strategy, cost savings, Total Value Creation, Risk Management, Sustainability and other Supply Chain goals.
MAIN RESPONSIBILITIES
End-to-End Supply Chain Management
Develop and execute a 3-year Holistic Category Strategy that aligns with the company\'s overall business objectives and includes goals for cost optimization, risk mitigation, and sustainability
Manage and elevate engagement with suppliers to develop and influence relationships through the Strategic Revenue Management (SRM) process; work with current supply base and develop alternate potential suppliers, ingredients, and formulations in partnership with Supply Chain and R&D to meet quality, consumer and brand requirements
Build short-term and long-term supply strategy across category in strong alignment with Sourcing Stakeholders, Innovation Technology & Quality, and OU Leadership to mitigate supply risk and ensure capacity requirements
Drive results through the Business Process Management (BPM) and PEAK process to bring category projects, updates and trade-off decisions to OU, Supply Chain and Sourcing while allowing business to determine risk appetite and prioritization
Drive category advancements against Gren House Gas, Sustainability and other Global Impact targets in partnership with internal stakeholders and suppliers
Financial and Risk Management
Manage derivative position (futures and options) according to business volume needs and cash contracting cycles
Provide leadership on cash market insights (basis and co-products) and coverage recommendations to optimize performance against financials
Execute financial excellence within the category team via system/reporting knowledge, regular contract and hedge position management, cost model/minor cost management, and risk & opportunity calculations with respect to month market outlook (MMO)
Deliver according to regional/global performance metrics for your categories including fulfillment of cost savings initiatives and Total Value