Sr Manager, Ingredients - Global Procurement

Since 1869, we've connected people through food they love. We’re proud to be stewards of amazing brands that people trust. Our portfolio includes the iconic Campbell’s brand, as well as Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pacific Foods, Pepperidge Farm, Prego, Pace, Rao’s Homemade, Snack Factory, Snyder’s of Hanover. Swanson, and V8. Here, you will make a difference every day. You will be supported to build a rewarding career with opportunities to grow, innovate and inspire. Make history with us. Why Campbell’s… Benefits begin on day one and include medical, dental, short and long-term disability, AD&D, and life insurance (for individual, families, and domestic partners). Employees are eligible for our matching 401(k) plan and can enroll on the first day of employment with immediate vesting. Campbell’s offers unlimited sick time along with paid time off and holiday pay. If in WHQ – free access to the fitness center. Access to on-site day care (operated by Bright Horizons) and company store. Giving back to the communities where our employees work and live is very important to Campbell’s. Our “Campbell’s Cares” program matches employee donations and/or volunteer activity up to $1,500 annually. Campbell’s has a variety of Employee Resource Groups (ERGs) to support employees. HOW YOU WILL MAKE HISTORY HERE As the Procurement Manager, Ingredients & Energy, you will lead the sourcing strategy for critical commodities across the Campbell’s network, including vegetable oils, energy (electricity and natural gas), dry beans, and pulses, representing approximately $300MM in annual spend. You will drive category strategy, commodity risk management, supplier performance, and procurement excellence while leading a team of procurement professionals. Through market expertise, strategic sourcing, and cross-functional collaboration, you will help secure supply, manage cost volatility, deliver productivity and cash flow targets, and advance Campbell’s innovation and sustainability goals. WHAT YOU WILL DO Lead the strategic sourcing and category management strategy for vegetable oils, energy markets, dry beans, and pulses across the Campbell’s network. Manage and develop a team of two Senior Buyers, providing coaching, mentorship, and professional development. Execute sourcing activities that ensure supply continuity, competitive pricing, quality assurance, and compliance with Campbell’s procurement policies. Partner with cross-functional stakeholders to develop and deliver Total Procurement Value (TPV), productivity, and cash flow initiatives. Collaborate with Marketing, R&D, Finance, Operations, Quality, and ESG teams to support product innovation, sustainability initiatives, and brand value objectives. Develop commodity market intelligence, price forecasts, and risk management strategies for vegetable oils, electricity, natural gas, and related commodities. Prepare and communicate monthly commodity projections, market outlooks, budget impacts, and sourcing recommendations to senior leadership. Partner with Treasury to develop, execute, and manage hedging strategies, futures positions, and forward contracting activities. Conduct market, spread, basis, weather, and supply-demand analysis to identify pricing trends, substitution opportunities, and sourcing strategies. Lead supplier relationship management (SRM) activities with strategic suppliers and identify new opportunities for collaboration and innovation. Monitor total cost of ownership, budget performance, coverage levels, and financial risks/opportunities across assigned categories. Ensure timely and accurate execution of SAP contracts and sourcing documentation. Support capital projects and cross-functional initiatives in collaboration with Engineering and operational stakeholders. Serve as a trusted advisor and subject matter expert to internal business partners and senior leaders. WHO YOU WILL WORK WITH Director, Ingredients Director, Treasury Risk Management Procurement Leadership Team Marketing Research & Development (R&D) Finance and Treasury Quality and Food Safety Supply Chain, Operations & Manufacturing Engineering Environmental, Social & Governance (ESG) Teams Legal, Regulatory & Government Affairs Strategic Suppliers and Industry Partners Senior Leadership Team WHAT YOU BRING TO THE TABLE (MUST HAVE) Bachelor's degree in Business, Agribusiness, Supply Chain, or a related field. 8-10+ years of experience in direct material sourcing, procurement, supply chain, or related functions. Deep knowledge of domestic and global vegetable oil markets, including processing, supply chain dynamics, imports, tariffs, regulations, and byproducts. Strong understanding of energy markets, including electricity, natural gas, generation, transmission, distribution, utility structures, renewable energy credits, and regulatory environments. Experience developing and executing strategic sourcing and category management strategies. Proven leadership experience managing, coaching, and developing teams. Strong negotiation, supplier management, and contract management skills. Experience with commodity risk management, hedging strategies, and market forecasting. Advanced analytical capabilities with the ability to interpret market fundamentals, pricing trends, and statistical data. Excellent project management and stakeholder management skills. Ability to influence decision-making and effectively communicate with stakeholders at all organizational levels. Strong presentation, written, and verbal communication skills. Proficiency in Microsoft Office Suite, including Copilot. Ability to work independently with a proactive, solution-oriented approach. Experience managing complex spend categories with multiple pricing variables and cost components. Commitment to Campbell’s Code of Conduct and corporate values. IT WOULD BE GREAT IF YOU HAVE (NICE TO HAVE) Master's degree or MBA. Experience managing commodity hedging programs utilizing financial derivatives. Knowledge and practical application of AI tools to drive procurement efficiencies and insights. Experience leading Supplier Relationship Management (SRM) programs with strategic suppliers. Expertise in conducting weather pattern analysis and its impact on commodity pricing and availability. Experience supporting CAPEX projects in partnership with Engineering teams. Knowledge of sustainability, ESG initiatives, and responsible sourcing programs. Ability to identify product reformulation or ingredient substitution opportunities while maintaining quality and specification requirements. Track record of fostering innovation, continuous improvement, and strategic supplier collaboration across large, matrixed organizations. Compensation and Benefits: The target base salary range for this full-time, salaried position is between $131,900-$181,400 Individual base pay depends on work location and additional factors such as experience, job-related skills, and relevant education or training. Total pay may include other forms of compensation. In addition, we offer competitive health, dental, 401k and wellness benefits beginning on the first day of employment. Please ask your Talent Acquisition Partner for more information about our total rewards package. The Company is committed to providing equal opportunity for employees and qualified applicants in all aspects of the employment relationship, including consideration for employment, without regard to race, color, sex, sexual orientation, gender identity, national origin, citizenship, marital status, protected veteran status, disability, age, religion, or any other classification protected by law.