Senior Director of Global Procurement - Packaging
Monster EnergyAbout the role
Position Summary:
In the position of Senior Director of Global Procurement - Packaging, you will be responsible for directing the global sourcing and procurement of all primary and secondary packaging. Create and implement a well-defined global procurement and supply plan to fit with the company’s strategies and growth in all regions. Lead and supervise activities of all global and regional procurement managers and directors to ensure that Monster is receiving the best value and pricing. Responsible for negotiating all supply agreements to guarantee global sourcing models are in place and ensure supply continuity. Work closely with Strategic Planning, Production Planning, Finance, and Operations leaders in the development of all programs to deliver sustainable and reliable operating models.
Essential Job Functions:
- Manage all supplier relationships globally. Ensure global supply continuity and value creation.
- Lead all high-level projects (supply, capacity, and financial) with all key suppliers and internal key stakeholders and lead negotiation of all terms of supply agreements globally.
- Analyze global supply quotations, lead negotiation of pricing and terms with suppliers to ensure lowest landed cost and report regularly to executive leadership on commodities (Aluminum, Pulp paper board), Global Markets, industry news, and price updates.
- Maintain hedge strategy - Monitor aluminum market conditions and recommend hedge positions in order to adhere to strategy and hedge percentages by quarter.
- Understand industry trends in beverage and Aluminum, Polyethylene Terephthalate (PET), High-Density Polyethylene (HDPE), Glass, Corrugated, and Paperboard packaging (others as applicable) and translate into optimization opportunities globally.
- Actively participate in the resolution of crisis level issues and ensure Monster is receiving best in class quality, service and supply.
- Visit vendors’ offices and plants (domestic and overseas) to assess their capabilities and capacities and establish all new vendor programs and partnerships globally.
- Manage cost reduction projects such as light weighting and all productivity initiatives. Monitor logistics costs to ensure Monster is purchasing in the most efficient and cost-effective manner and lead the analysis of cost changes and accounting purchase price variances, ensure accurate reporting to Finance leadership.
- Be an active member in the product development process to ensure new primary and secondary packaging items are sourced as appropriate and participate in high level business teams to understand regional business strategies and align those with both regional and global procurement category strategies.
- Duties and responsibilities may be added, deleted or modified either formally or informally, either in writing or verbally at the discretion of Management.
Position Requirements:
- Prefer a Bachelor's Degree in the field of Master’s degree in business administration, Supply Chain, Finance or related field preferred.
- Additional Experience Desired: More than 7 years of experience in a CPG company (beverage industry preferred)
- Computer Skills Desired: Intermediate to advanced computer skills including proficiency in Microsoft Office applications. SAP Experience preferred.
- Preferred Certifications: N/A
- Additional Knowledge or Skills to be Successful in this role: Understanding commodities, hedging tools, and Aluminum political and economic market conditions. Working knowledge of lean manufacturing and continuous improvement.
- Ability to work independently with minimal direction in a dynamic and fast paced, changing environment and take initiative.
Base Pay Range: 181,500K - 242,000K
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