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Meyer Natural Foods
loveland, CO | Full Time
$163k-224k (estimate)
1 Week Ago
Director of Margin Management & Supply Chain
$163k-224k (estimate)
Full Time | Wholesale 1 Week Ago
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Meyer Natural Foods is Hiring a Director of Margin Management & Supply Chain Near loveland, CO

About Meyer Natural Foods - On a pristine Montana Angus cattle ranch, Meyer Natural Foods began as a pursuit of the founder, Bob Meyer's, passion. He aimed to produce the best tasting beef by practicing the highest standards of ranching. Today, Meyer Natural Foods has broadened their expertise in the natural protein category by expanding the product portfolio to include beef, pork, and turkey. Privately held and wholly owned for more than 25 years, over 16,500 retail locations and food distributors feature Meyer Natural Foods' premium products across the United States, Canada, and Asia.About the Role - This hands-on, full-time position performs day-to-day duties that define and execute our revenue management strategies to align business and product portfolio with market demand and drive sustainable growth while maximizing revenue profit opportunities. This role is responsible for driving discipline in pricing execution, maximizing market and revenue opportunities to help better position the multiple categories of business product portfolio opportunities, understanding the market structure and model of our industry, tracking our supply and demand drivers, identifying trends, providing market and competitive insights; to build the understanding of our relative Product and Price positions in the market. What will you be responsible for?
  • Strategic Management
    • Work closely with business leaders and other stakeholders to proactively diagnose their main opportunities, identify strategic & tactical initiatives, and set priorities.
    • Serve as a trusted advisor in revenue, supply chain, and margin management to the SVP Operations & Leadership team.
  • Margin Management
  • In line with the strategic objectives, identify category and channel dynamics, market structure, and variables that influence prices.
  • Diagnose business gaps and opportunities, set clear revenue targets and KPIs, and work with cross-functional teams to achieve them.
  • Create, monitor, and adapt pricing strategies in response to specific brands for retail and food service, balancing the objectives of growth, margin, and risk.
  • Analyze and optimize the margin mix to achieve revenue and profitability goals and conduct pricing analyses & forecasting to identify revenue growth opportunities.
  • Create and manage price pack architectures that align with customer and consumer preferences with channels, categories, brands, and specific customer and market dynamics.
  • Negotiating and purchasing of raw materials
  • Allocation of production to customers
  • Carcass utilization and optimization of production
  • Manage pricing Requests for Proposals (RFPs) and provide critical tactics to negotiate pricing agreements with key customers, considering multiple variables to optimize the decision process.
  • Identify and mitigate risks associated with pricing, costs, and market dynamics, optimizing the revenue and margin levers, in accordance with each of our category/pricing strategies and business/market configuration, providing clear guidance for negotiation, implementation and execution.
  • Develop, implement, assess and adjust trade and promotional strategies for both retail and food service channels to maximize revenue, maintain profitability, ensuring alignment of trade and promo plans with overall business objectives.
  • Manage and optimize trade spend budgets to ensure efficient use of resources, collaborating with sales teams to allocate trade funds effectively to drive sales and revenue.
  • Oversee the alignment of product portfolios to ensure supply meets best market demand.
  • Build frameworks for data-driven decisions on product innovation, development, and discontinuation.
  • Benchmark and monitor execution across the business, categories and channels, ensuring optimal execution while maintaining coherence across multiple segments, and identifying the appropriate action items.
  • Capacity & Best Practices Analysis
  • Assess our capabilities, define best practices, benchmark against other models, identify process gaps, help integrate the team within the business cycle, and implement the routines for effective goals.
  • Build the processes, models, tools, and best practices for setting and executing revenue and margin objectives tailored to each business's needs.
  • Identify, manage, and develop internal and external partners to support our technology,
  • Work with IT to Integrate our pricing and margin information databases, build our systems, manage multiple data sources and partners, build our dashboards and platforms, and automate processes.
  • Develop processes with the right cadence and communication devices (reports, meetings, etc.) and routines to appropriately engage with stakeholders and the business to support the decisions.
  • Other duties as assigned.
Education - A bachelor’s degree with an emphasis on business is preferred.Experience
  • With 10 years of work experience in a corporate environment, with experience in both building and managing pricing, revenue, and margin management teams and processes, with a clear understanding of different models and approaches in the food space for export, retail, and food service channels and brands.
  • Previous leadership experience is required.
  • Previous plant experience is required.
  • Previous experience in the Beef, Pork, and other protein industry is required.
Do you possess these Specialized Skills?
  • A strong understanding of operations and supply chain management is required.
  • Working knowledge of supply chain and manufacturing.
  • Great ability to communicate and present insights to a non-technical audience.
  • Strong analytical background, with a clear understanding of different business objectives/insights methodologies and frameworks, with proven hands-on experience and career progression.
  • Experience with CPG, agriculture, and animal protein is required.
  • Capable of supporting profitability through the advancement of Meyer team culture.
  • Exceptional attention to detail and thoroughness in completing tasks.
  • Knowledge of beef, pork, and other protein industries.
  • Must have a clean driving record, maintain current vehicle insurance, and be able to pass insurability guidelines for drivability.
Compensation - $180k to $210K

Benefits: For Full-Time eligible employees (not temporary positions), offering of Medical, Dental, Vision, and Employer paid Life Insurance/STD/LTD, Paid Time Off Vacation, Sick, and Holiday leave.

While we sincerely appreciate all applications, only those candidates selected for an interview will be contacted.

Please note the selected candidate will be required to submit a criminal records check and references with a conditional offer of employment.

NO RECRUITERS!

Job Summary

JOB TYPE

Full Time

INDUSTRY

Wholesale

SALARY

$163k-224k (estimate)

POST DATE

04/22/2024

EXPIRATION DATE

04/27/2024

WEBSITE

meyernaturalfoods.com

HEADQUARTERS

LOVELAND, CO

SIZE

50 - 100

FOUNDED

1991

TYPE

Private

CEO

CHAD C MCWHINNEY

REVENUE

$10M - $50M

INDUSTRY

Wholesale

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