Sourcing Manager
Bunzl Distribution NA · Frederick, CO · 2 days ago
Hybrid$110k–$140k/yrFull-time
About the role
TSN (a Bunzl company) helps convenience store wholesalers and retailers by delivering essential products. We are seeking a Sourcing Manager to lead sourcing initiatives, supplier relationships, product quoting, profitability improvement, and team development.
Responsibilities
- Drive Profitability & Business Performance
- Lead sourcing strategies to improve margins, reduce costs, and support business growth.
- Identify opportunities for cost savings, supplier optimization, and product conversion initiatives.
- Analyze pricing, market trends, supplier costs, and competitive data to maximize profitability.
- Partner with Sales and Operations teams on customer quotes, bids, and strategic pricing opportunities.
- Support private label and import initiatives to enhance customer value and improve margins.
- Monitor and report on key sourcing and profitability metrics.
- Build and Manage Vendor Relationships
- Develop and maintain strategic partnerships with suppliers and manufacturers.
- Lead supplier negotiations including pricing, rebates, payment terms, contracts, and promotional programs.
- Conduct vendor reviews focusing on performance, service levels, quality, innovation, and cost.
- Evaluate and onboard new suppliers to support business objectives and customer requirements.
- Hold vendors accountable for quality, delivery performance, and compliance expectations.
- Collaborate with suppliers to identify new products, sourcing opportunities, and market trends.
- Lead Sourcing, Quoting & Product Management Activities
- Manage sourcing projects from supplier identification through implementation.
- Support customer quotations, RFPs, and bid requests by securing competitive pricing and product solutions.
- Partner with internal stakeholders to ensure product availability and inventory alignment.
- Review supplier proposals, product specifications, and market opportunities to recommend sourcing decisions.
- Utilize data and analytics to make informed purchasing and sourcing recommendations.
- Involvement in the development and execution of category and product line strategies.
- Lead and Develop a High-Performing Team
- Provide leadership, coaching, and development for the sourcing team.
- Establish clear goals, priorities, and performance expectations.
- Foster collaboration across Sales, Customer Service, Purchasing, Operations, and Accounting teams.
- Promote a culture of accountability, continuous improvement, and customer focus.
- Support employee training, professional development, and succession planning.
- Lead special projects and strategic initiatives that support company objectives.
Requirements
- High school diploma or equivalent required.
- Bachelor’s degree in Business, Supply Chain, Procurement, or related field preferred.
- 5+ years of sourcing, procurement, purchasing, supply chain, or category management experience.
- Experience within distribution, convenience store, foodservice, retail, or related industries is preferred.
- Previous leadership or management experience preferred.
- Strong experience negotiating supplier agreements, pricing, and contract terms.
- Experience managing vendor relationships and driving supplier performance.
- Strong analytical skills with the ability to interpret data and identify opportunities.
- Experience supporting customer quotes, bids, and pricing initiatives.
- Advanced proficiency in Microsoft Excel required; experience with Power BI strongly preferred.
- Experience with AS400 is a plus.
- Excellent communication, organizational, and project management skills.
- Ability to balance multiple priorities in a fast-paced environment.
Qualifications
- Colorado salary range: $110K-$140K per year based on experience, education and geographic location.
- Annual Bonus Program.
- The perks of being a Bunzl team member include medical, dental & vision benefits, paid time off, a 401K with generous company match, and other benefits.
- Bunzl is committed to equal employment opportunity and provides benefits and accommodations for individuals with disabilities.