Manager - Commodity Buyers

Hormel Foods Family of Companies
Austin, MN Full Time
POSTED ON 4/2/2024

MANAGER – COMMODITY BUYERS 

 

HORMEL FOODS CORPORATION

To save time applying, Hormel Foods does not offer sponsorship of job applicants for employment-based visas for this position at this time.

 

ABOUT HORMEL FOODS — Inspired People. Inspired Food.™

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY®SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the “Global 2000 World’s Best Employers” list by Forbes magazine for three straight years, is one of Fortune magazine’s most admired companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list for the 12th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

 

RESPONSIBILITIES:

 

  • Manages, coaches, and develops two salaried and one office hourly personnel on the nut and crop procurement wing of the Commodity Trading Department. 
  • Supports supply chain of the future activities that help to modernize and automate key procurement functions. 
  • Negotiates, reviews, and approves contract agreements with suppliers for peanuts and cashews. 
  • Develops and implements strategy for enterprise-wide nut procurement initiatives. 
  • Monitors global market conditions and events to minimize the negative impact of price changes.
  • Establishes and develops positive supplier relationships while maintaining business integrity. 
  • Leads monthly commodity market reviews with internal and external key stakeholders.
  • Works with various Hormel enterprise locations and with the MRP group to understand supply/demand and to mitigate supply issues.
  • Works with Supply Planning to determine forecast requirements, to help determine raw material volume needs.
  • Works with R&D on periodic review of nut specifications and alternate raw material opportunities.
  • Manages complex projects across the enterprise to drive cost savings.
  • Supports Hormel initiatives around sustainability and philanthropy. 

 

QUALIFICATIONS:

 

  • Bachelor’s degree in Supply Chain Management, Operations Management, or related field 
  • 7 years of experience in Procurement or Supply Chain, leading improvements within category 
  • Broad procurement and business knowledge related to sourcing and negotiations 
  • Strong core procurement skills, and strong stakeholder engagement 
  • Demonstrated leadership skills with high resiliency and speed of trust 
  • Demonstrated pattern of initiative and ability to work independently 
  • Demonstrated effective interpersonal and leadership skills 
  • Demonstrated effective persuasive and relationship building skills 
  • Proven problem-solving, decision-making, and negotiation skills 
  • Strong verbal and written communication and organization skills 
  • Must be a Citizen or National of the United States, or a lawful, permanent resident, or have authorization to work in the Unites States
  • Applicants must not now, or in the future, require sponsorship for an employment visa

 

LOCATION: Austin, MN (global headquarters) or the Planters Corporate Office in Chicago, IL

 

A comprehensive relocation package to the Austin, MN area or Chicago, IL area will be offered, if required.

 

TRAVEL REQUIREMENTS: Travel may be necessary 10% of the time

 

BENEFITS: Hormel Foods offers an excellent benefits package. Competitive base salary plus bonus, annual merit increase performance reviews, medical, dental, vision, profit sharing, non-contributory pension, 401(k), stock purchase plan, relocation assistance, paid vacation. 

 

The base pay range is $101,500 - $159,500 per year; however, actual compensation is influenced by a wide array of factors including, but not limited to, job-related knowledge, skill set, level of experience, and specific office location. 

 

For immediate consideration, apply online at: www.hormelfoods.com/careers

 

At Hormel we invite difference and diversity in all aspects. We offer a space of support, understanding, and community. We are committed to the journey! Learn more about our progress here: https://www.hormelfoods.com/about/diversity-and-inclusion/

 

Hormel Foods Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.

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$141,706 to $183,506
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