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Procurement Specialist, Co-manufacturing

1 month ago

Richmond, Canada Nature's Path Foods Full time

**Developing and executing a Co-Manufacturing Procurement strategy**:

- Researching for the best co-mans for Nature’s Path to partner with, taking into consideration production capabilities, capacity and volume allocation
- Creating and managing contracts for co-manufactured products, by establishing SLAs with NP partners
- Leading Strategic Relationship Management (SRM) initiatives with co-manufacturers, which includes traveling to visit supplier’s manufacturing facilities
- Creating and implementing contingency plans for critical products
- Working with cross-functional departments to qualify co-manufacturers for new innovations
- Conducting Quarterly/Bi-Monthly/Monthly Performance Reviews with key co-manufacturers

**Supporting the business in making better decisions by**:

- Managing strategic sourcing (supplier and industry analysis, benchmarks, cost structure

analysis) for best source or new co-mans in conjunction with R&D and Regulatory

functions
- Recommending best suppliers available in the market, aligned to Nature’s Path’s goals,

mission, and values
- Advising ELT on any risk to the NP business, such as inventory shorts, price changes or

ingredient restrictions (for example)
- Working with Co-Mans to manage and control inventory levels for raw materials/packaging

as well as finish goods
- Working with suppliers to make sure corrective actions and root causes for defective

products are dealt with on a timely manner
- Searching and implementing cost improvement based on supplier efficiency, use of

alternate parts, leveraging purchasing power, etc.

**Providing effective Co-Manufacturing support for New Innovation Projects by**:

- Working closely with the Product and Innovation teams to support on co-manufacturers

search for new products
- Advising management of lead times, costs and MOQs required to obtain critical trials and

first productions

**Education**
- Graduate with a specialization in Materials Management, Procurement, or Business Administration or equivalent combination of education and experience.
- Project Management certification is considered an asset

**Experience**
- Experience working with Co-Manufacturing
- Experience working within Food Industry is an asset

This role offers an annual salary between $65,600 - 98,400 depending on years of experience and qualifications. Please note this role is based out of our HQ in Richmond, BC. Thank you for considering Natures Path