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Your Opportunity as an Associate Sourcing Manager, Commodities The position will take primary leadership for managing $50M+ USD in spend, predominantly focused on agricultural commodities. The responsibilities will encompass the development and implementation of sourcing strategies that deliver a competitive advantage in a complex and volatile supply chain, as well as basis risk management and supplier relationship management. Location: Orrville, OH Work Arrangements: Hybrid, 30% in office expectation (Tues-Thurs on core weeks) In this role you will: Category Management Responsibilities:
Be responsible for the procurement and supply chain management of corn, wheat, and other commodity categories as assigned Utilize robust strategic sourcing methodologies to develop category strategies, source raw materials, negotiate pricing, and manage suppliers, to deliver best in class execution with minimal supply risk Utilize independent analysis, supplier intelligence and third-party information to determine market view Manage basis risk, and work closely with the Commodity Risk Management (CRM) team to understand financial derivatives and the commodity markets that drive pricing Manage strategic supplier relationships Oversee and manage the supply chain from origin to manufacturing factories, ensuring continuous supply while meeting all quality, inventory and service level requirements Act as market expert for internal and external stakeholders for assigned categories Drive continuous improvement of material quality, logistics performance and specification management Effectively negotiate commercial terms and conditions, and be accountable for cash delivery and improvement in payment terms/DPO Build and maintain relationships with both internal and external stakeholders Provide analytical and systems support to Commodities group as needed Travel may include plant visits, supplier visits, and industry conferences and conventions
Cross Functional/Project Management Responsibilities:
Act as a liaison to the Corporate Sustainability team for commodity-based sustainability initiatives Lead Transformation and Synergy Initiatives for assigned categories Lead cross functional projects related to cost savings, supply risk management, reformulations, or other strategic goals for assigned categories Lead cost reduction initiatives and optimize inbound supply chains Work with finance partners to provide reliable and accurate forward price forecasts
What we are looking for: Minimum Requirements:
Bachelor's Degree is required, preferably in a relevant field such as Business Administration, Supply Chain Management, Operations, Purchasing, or Economics Minimum 2 years of experience in procurement, supply chain, or commodity-based role Ability to travel 10%
Additional skills and experiences that we think would make someone successful in this role:
Experience in a Consumer Packaged Goods (CPG) company or Agricultural production company is a plus Experience with futures and basis risk management, especially agricultural commodities is a plus Ability to effectively negotiate and influence business decisions Strong relationship management skills, both internal and external Strong analytical, planning, and execution skills
Learn more about working at Smucker:
Our Total Rewards Benefits Program Our Thriving Together Philosophy Supporting All Impacted by Our Business Our Continued Progress on Inclusion, Diversity and Equity
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The J.M. Smucker Company
Feb 15, 2025