Raw Materials Procurement Sr. Buyer - North America
Ferrero · Chicago, IL · 2 days ago
HybridPurchasing$97k–$129k/yrFull-time
Main Responsibilities
- Manage assigned raw material categories across North America, ensuring continuity of supply, quality standards, competitive pricing, and reliable delivery performance.
- Execute and implement global raw material procurement strategies while adapting to regional market requirements and business objectives.
- Support the development and execution of category strategies that drive cost savings, supply security, and operational efficiency.
- Manage procurement budgets, cost forecasts, and savings initiatives for assigned categories.
- Lead sourcing projects and supplier selection activities, including Requests for Information (RFI), Requests for Quotation (RFQ), supplier evaluations, and commercial negotiations.
- Build and maintain strong relationships with strategic suppliers to support long-term business objectives and continuous improvement initiatives.
- Monitor supplier performance through key metrics related to quality, service, cost, innovation, and delivery.
- Partner with suppliers to identify opportunities for value creation, process improvements, and cost optimization.
- Conduct market and commodity analysis to monitor industry trends, pricing movements, and supply market dynamics.
- Identify and proactively manage supply, pricing, and market risks through effective risk mitigation strategies.
- Develop contingency plans to minimize potential supply disruptions and maintain business continuity.
- Collaborate effectively within a global matrix organization, partnering with Procurement, Supply Chain, Manufacturing, Quality, Finance, and other key stakeholders.
- Influence and align local and global stakeholders to support strategic procurement initiatives and business priorities.
- Ensure procurement activities comply with company policies, governance standards, and procurement best practices.
- Leverage SAP and other procurement systems to support purchasing activities, reporting, supplier management, and category performance tracking.
- Utilize data and analytics tools to support decision-making and identify opportunities for continuous improvement.
About You
- Bachelor's degree in Supply Chain, Procurement, Business, Finance, Engineering, or a related field.
- 2–5 years of experience in procurement, strategic sourcing, category management, or purchasing.
- Experience working within a matrix or global organization.
- Knowledge of raw material markets and sourcing best practices.
- Strong analytical, problem-solving, and decision-making skills.
- Excellent communication, stakeholder management, and interpersonal skills.
- Demonstrated ability to influence cross-functional teams and drive results.
- Advanced proficiency in Microsoft Excel and PowerPoint.
- Experience working with SAP or similar ERP systems (preferred).
- Experience sourcing raw materials within the food, consumer packaged goods (CPG), manufacturing, agricultural, chemical, or related industries (preferred).
- Experience conducting supplier negotiations and managing commercial agreements (preferred).
- Knowledge of commodity markets, procurement risk management, and supplier performance management (preferred).