Market Sourcing Manager

Job Description

Job Description

As a Market Sourcing Manager , you will be responsible for overall management of vendor negotiations and price setting of non-consumable products related to Grocery, Food Service, Janitorial and Processor business segments. Brand strategy, private label, and sustainable packaging product lines are important strategies managed by this position and integral to success in the role.

In this role you will be an inventory strategy expert. Our National Category Manager team identifies our national core product list, which is the backbone of our inventory. As a Market Sourcing Manager, you will fill out the rest of our inventory with items required and acquired at the regional level. Can we get a core item, more efficiently from a local vendor? We need a specific item for a regional customer; who are we going to buy that from and at what terms? What are inventory and reorder thresholds for those items? How can we further lower margin on inventory by adding specific local inventory items as a preferred items for multiple local customers? These are the types of questions you'll make decisions on daily. 

This role is onsite in our Kansas City, MO office, M-F - day shift. There is some flexibility to work from home 1-2 days per month if needed. 

Responsibilities:

• Negotiate price and terms with manufacturers and suppliers.
• Product selection and sourcing.
• Develop market expertise that allows the organization to effectively compete in target market segments; this includes market trends and competitive analysis, as inputs to the development of our assortment strategy.
• Monitor market intelligence, local needs and trends, competitive products, and the changing production schedules of approved manufacturers to improve competitive pricing & positioning.
• Develop product pricing policies and negotiate best cost vendor programs to improve product positioning while improve margin.
• Rationalize and consolidate product lines to improve inventory turns and create volume cost improvement opportunities.
• Manage on-going supplier relationships and execute supplier performance management initiatives in accordance with standards and guidelines and in collaboration with business partners.
• Manage multiple projects and initiatives with the ability to meet defined timelines and provide proactive status communication to business partners.
• Work with sales staff with special product requirements and costing. Work to improve go-to-market strategy and speed.
• Problem solving and recommending new and different packaging products as they become available.

Requirements:

• High school diploma or equivalent required
• Bachelor’s degree, strongly preferred
• Master’s degree preferred.
• 5+ years’ experience in price negotiations is required and influencing stakeholders at all levels.
• Knowledge of the distribution environment, inventory management systems, and supplier selection and qualification processes (ideally in food service, janitorial or packaging)
• Product knowledge across multiple industries a definite plus.
• Strong business and financial acumen
• Strong user level Microsoft Office skills (Outlook, Excel, TEAMs)
• Ability to create excellent relationships and quickly gain credibility with internal and external stakeholders.
• Possess strong planning, organizational and time management skills, as well as strong analytical problem-solving skills.
• Multi-task with the ability to change direction quickly and often.

What's in it for you?

The perks of being a Bunzl team member don’t stop at being part of a great team or being valued as our #1 asset. We offer a full range of benefits to help our employees take care of themselves and their families today, tomorrow and for the future.

• Medical, Dental & Vision Benefits effective the 1st day of the month after 30 days
• Paid Time Off - Vacation, Sick, Holidays and Personal Time
• 401K with generous company match
• Additional benefit information can be found on the Bunzl Careers home page under Benefits and Perks. 
• Bunzl accepts ongoing applications for this role until it is filled.

What are you waiting for? A new career awaits you with endless opportunities.

Bunzl is a global leader in the Cleaning & Hygiene, Food Processing, Grocery, Health Care, Non-Food Retail, and Safety industries. We have grown both organically and through acquisitions to sales in excess of $10 billion. Bunzl North America is headquartered in St. Louis, Missouri. Bunzl North America owns and operates more than 100 warehouses and serves all 50 states, Puerto Rico, Canada and parts of the Caribbean and Mexico. With more than 5,000 employees and 400,000 plus supplies, Bunzl is regarded as a leading supplier in North America.

Bunzl Distribution has a tradition of commitment to equal employment opportunity. It is the established policy to attract and retain the best qualified people without regard to race, color, religion, national origin, sex/gender (including pregnancy), sexual orientation, age, disability or veteran status as provided by law.