What are the responsibilities and job description for the Sourcing Manager position at Wells Enterprises?
About Us
Wells Enterprises, Inc. is the largest privately held ice cream manufacturer in the United States. Founded in 1913 by Fred H. Wells and run by the Wells family for generations, the company is an independent operating company of the Ferrero Group, one of the global leaders in sweet, packaged foods.
Wells produces more than 200 million gallons of ice cream per year and distributes products in all 50 states. Wells manufactures its signature brand Blue Bunny®, lower-calorie Halo Top®, the iconic Bomb Pop®, and Blue Ribbon Classics®.
Wells employs nearly 4,000 ice cream aficionados across the country. The company is headquartered in Le Mars, Iowa, where Wells has made Le Mars the “Ice Cream Capital of the World” as the largest manufacturer of ice cream in one location. Wells operates two manufacturing plants in Le Mars, Iowa, a manufacturing plant in Dunkirk, New York, and a manufacturing facility in Henderson, Nevada. Learn more at www.wellsenterprisesinc.com.
Sourcing Manager
The Sourcing Manager is responsible for leading and developing strategic procurement sourcing activities, including negotiations, contract, and project management, spend analysis, sourcing, and continuous improvement initiatives through total cost of ownership.
What You'll Get To Do
- Lead the development; implementation and alignment of sourcing strategies and supplier network capabilities for spend categories to achieve business objectives. Responsible for securing materials at the lowest total cost of ownership (TCO) through competitive analysis of bids, and all other costs of ownership. Responsible for establishing commodity supply and price risk mitigation strategies to minimize any concerns with materials, delivery, or supplier relationships.
- Demonstrate full knowledge and serve as a leader for assigned categories of spend. Collaborate with Director, Procurement Strategic Sourcing, and other cross functional team members to establish both short and long-term commodity strategies.
- Responsible for effectively negotiating with suppliers and coaching others to do the same. Govern the development and execution of contracts and agreements with suppliers. Contractually securing materials and/or services within spending authority guidelines.
- Responsible for setting and delivering budgeted plans for all direct and indirect items identified within the scope of the role, and report monthly on performance. Timely communication to key personnel of any major shifts in marketplace activity that may positively or negatively impact the organization.
- Select, maintain, and manage a supplier base that is financially sound, technically competent, and strategically aligned, including supplier performance standards and measurements. Evaluate supplier capabilities and establish sources for new technologies and new markets dictated by business requirements. Compile and maintain commodity and industry strategies.
- Responsible for compliance with applicable corporate policies and procedures and Code of Conduct.
- Develop annual cost savings programs and implement strategies that directly effects company financial results. Create, advocate, lead and implement sourcing and negotiation strategies for key spend areas to achieve short- and long-term savings targets. Manages areas of responsibility while driving continuous improvement and develop and implement protocols and practices to ensure effectiveness and efficiencies of strategic initiatives.
- Analyze industry trends and evolving technology to proactively identify supply base issues to mitigate issues to minimize risk, protect continuity of supply, and exploit emerging opportunities that benefit Wells.
You'll Bring These Qualifications
In addition to the responsibilities listed above, other duties may be assigned by your supervisor, as dictated by business necessity.
- Bachelor's degree in Purchasing, Supply Chain, Business, and Materials Management preferred or related field.
- Minimum of five years' experience in Sourcing/Supply Chain/Operational Leadership.
- Knowledge of Purchasing, Price Risk Management, and Supply Chain.
- Familiarity with regulatory requirements associated with food products.
- Exceptional communication skills (both oral and written) and presentation skills.
- Effective negotiating skills at mid-management level.
- Must be able to work across all functions and levels of an organization.
- Problem solving ability, quantitative skills, and decision-making talent.
What We Offer
At Wells, we’re proud to support our employees with comprehensive benefits that enhance health, financial wellness, and include paid time off (PTO). Eligible employees may also receive an annual incentive bonus based on Company performance. Learn more about our benefits here.
Wells Enterprises is an EEO/AA employer M/F/Vet/Dis
