Company & Role Overview
Summary
The Role
This is a hybrid role based in Chicago, IL with in office expectations 1-2 days per week.
Responsibilities
- Undertakes day-to-day, full-cycle, procurement activities for GTI's top brands and related categories.
- Evaluates various solutions available in the market and provides recommendations. Also works closely with engineering, brand, marketing, and the project team to ensure collaboration.
- Leads the Sourcing Process, including preparing RFI/RFQ/RFPs by working closely with stakeholders to understand their needs, translating that into the sourcing process.
- Oversees the management of ongoing vendor relationships and supplier performance across their portfolio; acts as a point-of contact and subject matter expert on contract terms; responsible for renewal of existing contracts and renegotiations of pricing.
- Identifies strategic opportunities which result in cost savings, areas for efficiency and opportunities for Procurement team.
- Works closely with the accounting team to ensure vendor billing is corrects and terms & conditions are adhered to.
- Follows procurement strategies, policies and procedures as defined by the leadership team, develops a comprehensive understanding of the business and user requirements for assigned spend categories.
- Develops a business relationship with functional stakeholders on the Operations, Brand, Marketing & Project teams and solicits feedback on sourcing and vendor performance, shares and discusses supply base opportunities, and identifies new and changed needs.
- Builds a network of reliable and quality suppliers and vendors; forges close supplier relationships with specific vendors.
- Helps drive tracking and reporting for assigned spend areas; develops tracking mechanisms and supplier key performance indicators with the Director; tracks compliance and develops leakage reports; supports formal management reporting to director and other members of senior management.
- Manages complex negotiations with suppliers that require a detailed strategic plan.
- Monitors status of open purchase orders to ensure on-time delivery of all materials, including timely resolution, communication, and mitigation of future potential problems.
- Determines and establishes optimal inventory levels based on forecast, demand variation and equipment lead times.
- Supports the development of cross-functional teams by identifying internal customers and stakeholders for inclusion; interfaces with internal customers to understand requirements and resolves issues; involves key stakeholders in sourcing development and execution.
- Identifies and partners with business stakeholders to execute cost reduction opportunities to achieve financial goals without compromising quality or service.
- Directly manage and mentor a team of Procurement Planners
Qualifications
- Bachelor's degree in a relevant field: business, supply chain, finance
- 5+ years in packaging procurement (on-shore, near shore and global) and contract administration/management; experience purchasing direct materials (packaging, ingredients, etc.).
- 3+ years people management experience
- Expertise in the supplier market landscapes: major suppliers, trends, threats, terms, etc.
- Hands-on expertise in developing and implementing programs for cost reduction, supplier performance management and inventory reduction and well-versed in all stages of procurement.
- APICS or Supply Chain Certification is preferred.
- Highly motivated, self-directed, innovative, and able to work independently or among teams with keen judgement, common sense and resourcefulness.
- Adapts and thrives in a demanding, start-up, fast-paced environment.
- Superior communication and interpersonal skills (verbal, non-verbal, written), with the ability to build relationships at all levels, both internally and externally.
- Possesses a high level of critical thinking & problem solving.
- Operates with a high level of professionalism and integrity, including dealing with confidential information.
Additional Requirements
- Must pass any and all required background checks
- Must be and remain compliant with all legal or company regulations for working in the industry
- Must be a minimum of 21 years of age
- Ability to travel up to 15%
Working Environment
(No Information)
About Green Thumb Industries
Calling all curious, collaborative, compassionate, boundary-pushing, trustworthy stewards: There’s a place for you.
People are everything at Green Thumb. Some of us nurture plants while others pore over legal documents or open new stores. A few things we have in common? We’re stewards of the plant, a happy and humble bunch and genuinely love what we do.