Procurement Manager

Company: Sun Bum
Location: Encinitas
Posted on: May 13, 2022

Job Description:

In 2010, we started making sun care products to protect ourselves, our families, and our friends from the damaging rays of the sun. Since then, we've grown and expanded into hair care and lip care products and even launched Baby Bum, our rad plant-based baby skincare line. Along the way, we've been building an amazing, like-minded global community of friends that encourage us and help us be better. Today, we are looking for a few more talented and passionate people to join our crew - not for the money or the awesome location to live and work, but for the opportunity to change the world a little with us.

Summary:
Based in Encinitas, CA and reporting to the CFO, this role is responsible for establishing and maintaining contracts with our suppliers, from components to 3PM's to DC's. You'll help us find the right partners to support our growing business and hold our suppliers accountable to SLA's. You'll work with our Supply Chain and Product Development teams to help us procure the right sourcing mix to optimize cost and reduce supply chain risk. This role requires extensive interaction with internal and external stakeholders and is the face of Sun Bum to our suppliers.

Essential Duties and Responsibilities:
Lead negotiation on new contracts and renew existing contracts with 3PM and 3PL partners.
Partner with Supply Chain and the Innovation/Quality/Regulatory teams to execute and deliver on 3PM-related innovation and quality requirements.
Conduct and lead regular business review sessions with our supplier partners to inform and align them with Sun Bum's strategy.
Enhance supplier development by communicating Sun Bum performance standards and developing joint improvement initiatives (product, process, etc.) as needed.
Develop scorecards that allow us to hold suppliers accountable to KPIs monthly.
Seek continuous improvement to our working relationship with suppliers collaboratively - find ways to work together and cross-functionally toward our common goals.
Monitor key feedstocks to forecast any significant variances in costs.
Work with Supply Chain, Finance, and Innovation/Quality/Regulatory teams on a long-term commercial procurement strategy that delivers quality, cost, and service goals.
Work with suppliers to identify cost savings opportunities to reduce Total Delivered Costs, creating a pipeline of projects.
Support RFP process and system setup for new suppliers.
Participate in the annual budgeting process for components and 3PM tolling.
Partner closely with Supply and Innovation/Quality/Regulatory teams to identify any issues with suppliers and solve them.
- Work together with cross-functional partners e.g., Product Development / Innovation, Finance, Marketing, Legal, Supply Chain, to provide project visibility and allow for cross-functional alignment and execution of sourcing projects.
Maintain logs for all contracts with our suppliers and prepare for negotiations as contracts come up for renewal.
Develop and ensure supplier contingency plans and strategies if the primary supplier cannot perform as required.

Required Skills / Experience / Competencies:
Bachelor's degree in Science/Business/Engineering/Finance or related field
7-10 years combined experience in Procurement, Supply Chain and/or Manufacturing
3 years in the Consumer-Packaged Goods industry
Financial acumen, demonstrating an understanding of how business and sourcing/procurement decisions impact financials (P&L, Balance Sheet).
Strong negotiation skills
Excellent interpersonal and communication skills with a vast number of internal and external stakeholders.
Ability to meet deadlines and work in a fast-paced environment
Ability to adapt easily to rapidly changing situations and priorities. Comfortable adjusting concepts to fit new situations.
Comfortable delivering feedback to both supplier partners and internal partners while maintaining a good relationship and leading to effective results. Grow, maintain, and establish strong supplier business relationships
Exceptional critical thinking skills with a strategic mindset
Establish strong relationships with key 3PM and component vendors to ensure capabilities, capacities, and scale support needed for business.

Preferred Skills / Experience / Competencies:
Minimum 3 years experience in Procurement preferred
Project Management, Manufacturing, and New Product Commercialization Experience
Experience with ERP systems (MS Dynamics preferred)

Keywords: Sun Bum, Encinitas , Procurement Manager, Executive , Encinitas, California