Sr Manager, Strategic Sourcing
Panera Bread · Boston, MA · 1 mo ago
Hybrid$120k–$144k/yrFull-time
Duties & Responsibilities
- Lead the development and execution of strategic sourcing plans across multiple high-impact categories aligned with business goals.
- Conduct advanced market and supplier analysis to inform sourcing decisions and contract negotiations.
- Own the end-to-end sourcing process, including RFP/RFQ management, supplier selection, and value optimization.
- Partner closely with culinary, operations, and sustainability teams to align sourcing strategies with business priorities.
- Build and manage strategic supplier relationships to ensure performance, innovation, and risk mitigation.
- Drive continuous improvement through supplier scorecards, performance reviews, and corrective action plans.
- Analyze spend and procurement data to identify cost-saving opportunities, supply risks, and process efficiencies.
- Stay ahead of industry trends, regulatory changes, and emerging technologies to inform sourcing strategies.
- Champion sustainability and responsible sourcing initiatives across the supply base and annual reporting.
- Develop and lead supplier business continuity planning, BCP. across categories.
- Manage commodity risk management across high impact direct-spend portfolio.
- Coordinate the execution of new product (permanent or LTO) introductions in the Panera system, considering production lead times, MOQs, and contingency.
Qualifications
- Bachelor’s degree in Business, Supply Chain Management, or related field; Master’s degree preferred.
- 7+ years of progressive experience in strategic sourcing or procurement, ideally within food & beverage or CPG.
- Proven success in leading complex negotiations and delivering measurable cost savings.
- Strong analytical and strategic thinking skills, with experience using procurement analytics tools.
- Excellent communication and stakeholder management skills across all levels of the organization.
- Deep understanding of supply chain principles, food safety standards, and vendor compliance.
- Experience presenting to senior leadership and influencing cross-functional decision-making.
- Proficiency in Microsoft Office and sourcing platforms; experience with ERP systems preferred.
Working Conditions
- Required travel – up to 25%
- Physical Requirements: While performing this job, the incumbent is regularly required to stand, sit, talk, hear, use hands and fingers to operate keyboards.
- Direct Reports: This position will have no direct reports.
Pay
Competitive Pay: $119,634- $143,561 annually. The actual pay offered will be determined by multiple factors, including but not limited to the candidate’s relevant experience, job-related knowledge, skills, and geographical location. Individual compensation decisions are dependent upon the facts and circumstances of each position and candidate.