Procurement Analyst
Duluth, GA
Procurement – Procurement /
Permanent Full-Time /
Hybrid
The Irca Group is an International Leader in high quality finished and semi-finished ingredients for the bakery, pastry, and ice cream markets. With a solid history of over 100 years in the industry, the Group has its headquarters in Italy (Gallarate) and a strong global footprint with 23 production sites and over 2000 employees in Europe, the United States and Vietnam.
Our core product categories include chocolate, compounds, chocolate decorations, sprinkles, creams, pastry mixes, gelato ingredients, nuts and candied fruit. The most recent acquisition of Kerry Sweets complements our existing categories with the addition of sweet particulates, chocolate confections, inclusions, variegates and frozen fruit purees.
Through its 8 key brands (IRCA, Dobla®, in2food, Via Degli Orsini, JoyGelato, RaviFruit, Cesarin and Anastasi®) the IRCA Group offers an unparalleled "one-stop shop" approach for delivering quality solutions to all ingredients needs, through a broad range of innovative products. We offer every day and seasonal solutions to 3 macro channels: Gourmet, Food Manufacturing and Consumer Product (Retail). “Extraordinary made simple.”
Purpose of Position:
The Procurement Analyst is a key individual contributor to the procurement team, primarily responsible for directs categories (Commodities & Ingredients). This role requires deep analytical and problem-solving abilities to be able to read and interpret commodity and ingredient market developments on a regular basis and how those price fluctuations and market dynamics impact a food manufacturing business. Additionally, this role will also provide analytical and administrative support to the team through activities like reporting, compliance, and cross-functional projects. The position is hybrid, you are required to work onsite a couple days a week in our office based in Duluth, GA.
Responsibilities
· Track Ag/soft commodities like Cocoa, Sugar, Dairy, Fats & Oils, Corn and Wheat markets regularly and communicate ongoing developments
· Track USDA, Industry and Market Research/Market Intelligence publications to provide inputs into commodity price direction, physicals markets, supplier pricing models and tweak sourcing strategies
· Assist with tracking price movements in the physicals market across categories (basis, premiums, overages, differentials and ratios) based on offers received from suppliers and market intelligence gathered
· Maintain and report on hedge/futures price levels secured for materials that are priced based on respective benchmark indexes
· Build and maintain internally generated and supplier provided pricing models to simulate cost impacts due to changing market dynamics
· Assist in the preparation of RFX/Bid documents, evaluate supplier responses and provide recommendations to drive effective supplier negotiations
· Liaise with Procurement Finance for timely completion of month-end closing, PPV explanations, savings tracking, coverage reporting etc.
· Assist with reviewing and reporting on raw material contract coverage monthly and as needed
· Handle the procurement of certain smaller spend categories by negotiating with suppliers keeping in mind cost, quality and supply continuity
· Serve as a Procurement point of contact to the plants to quickly escalate and resolve any production arising from supply issues
· Serve as the primary contact for maintaining direct material contracts on ERP, executing transactions and assist with approving PO’s and exceptions
· Assist with resolving blocked invoices arising from mismatches and variances
· Assist with set ups of new vendor and new materials in collaboration with Master Data, R&D, Supplier Quality and Regulatory teams
· Support cross-functional projects related to business continuity plans, cost reductions, operational efficiencies and continuous improvement
· Maintain repository of supplier contract documents, NDA’s, and other relevant legal or commercial documents
Requirements
· Undergraduate degree in Economics, Supply Chain Management, Finance, Business Administration, Agribusiness, Food Science or related fields
· 1-2 years’ experience in the food industry in a procurement or supply chain related role preferred
· 1-2 years’ experience in commodity market analysis and commodity trading/risk management a plus
· Familiarly with fundamental concepts in Procurement, Supply Chain and Logistics and Business Operations preferred
· Curiosity about the food industry, Ag commodity and food ingredients markets, and supply chain management practices in such environments
· Adaptable and flexible in working within a high-growth business
· Strong critical thinking, interpersonal and communications skills.
· Advanced proficiency in MS Excel, ability to apply advanced analytics and Industry benchmarking techniques and tools.
· Team player, self-motivated, with a desire to learn and take on new challenges.
· Achievement & results-oriented (timeline driven, detail oriented, good planning, and negotiation skills).
· The position is hybrid, you are required to work onsite a couple days a week in our office based in Duluth, GA.
Why Join Us:
Irca Group offers career growth opportunities as well as competitive compensation and benefits: Medical, Dental, & Vision, 401(k) matching, Paid Vacation, Sick Time, and Holidays, Employee Education Tuition Reimbursement Program
