Procurement Specialist, Co-manufacturing

4 days ago


Richmond, Canada Nature's Path Foods Full time

Scope:

- 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
- 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 leadership 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.
- 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

Qualifications:

- Graduation from a recognized university or college with specialization in Materials Management, Procurement, or Business Administration or equivalent combination of education and experience
- Packaging, Supply Chain, Food Science, or other considered an asset.
- Previous experience working as part of cross-functional teams

Notes:

- This is a hybrid role based out of our Richmond, BC HQ and will pay a base salary between $75,000 - $95,000 depending on experience (plus bonus)



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