Latam, Procurement Manager Primary Packaging

This role is responsible for managing the sourcing and procurement of all primary packaging. Manage and support the Director of Procurement with all Latin America (“LATAM”) day-to-day priorities. Manage procurement projects and supply plans to enable the company’s continued growth and implementation of supply strategies. Ensure that Monster is receiving the best value and pricing. Monitor supply within agreement parameters to guarantee sourcing models are followed and ensure supply continuity.

This role will work closely with Operations, Strategic Planning, Production Planning, New Product Development, Engineering, and Finance on all projects and programs to deliver a sustainable and reliable operating model.

Key deliverables are Supplier engagement, relationship management, project management, Latin America pricing, forecast compliance/supply tracking, Latin America aluminum tracking, hedging, and cost reconciliations, Latin America financial accruals and reporting.

The role will report to the Director of Procurement - Primary Packaging.

**Essential Job Functions**:

- Manage costs - Secure, analyze and compare quotations from suppliers. Facilitate price negotiations with management, and recommend a supply plan with respect to cost, capacity, capability, and quality. Ensure the lowest landed cost.
- Manage supplier relationships. Manage day-to-day priorities. Manage and track all high-level projects (supply, capacity, and financial) with all key suppliers and internal key stakeholders.
- Ensure that all terms of supply agreements are observed internally and externally.
- Monitor and report daily/weekly aluminum and resin news/price updates to leadership.
- Hedge tracking - Monitor aluminum market conditions and recommend hedge positions in order to adhere to the strategy and hedge percentages by quarter. Manage compliance to strategy.
- Ensure forecasting is provided by Latin America planning teams and that information is provided to suppliers.
- Actively manage compliance to forecasts.
- Monitor Supply vs. Demand, and prepare to report to track supply vs purchase commitments. Manage and track contracted supply obligations by the supplier.
- Monitor logistics costs to ensure Monster is purchasing in the most efficient and cost-effective manner. Manage freight reconciliations by supplier and finance accruals.
- Manage all Latin America reconciliations, financial impacts, and cost accruals. Ensure receipt from each supplier monthly, prepare to report, analyze supplier vs Monster data, and ensure data accuracy. Prepare reports for management approval/cost accruals/settlement.
- Analyze inventories on hand by the supplier, and manage run-out plans. Manage obsolete inventories and their disposition.
- Work closely with Technical Services and Engineering on the quality and performance of suppliers. Support regional supply and quality issues; actively participate in the resolution of crisis-level issues. Ensure Monster is receiving best-in-class quality, service, and supply.
- Manage cost reduction projects and all productivity initiatives, such as light-weighting.
- Lead the analysis of cost changes and accounting purchase price variances, ensure accurate reporting to leadership
- Manage claims with and between suppliers and co-packers
- Be an active member in the product development process to ensure new primary packaging items are sourced as appropriate.
- Participate in high-level business teams to understand regional business strategies and align those with both regional and Latin America procurement category strategies
- Understand industry trends in beverage and aluminum, PET, HDPE, and glass packaging (others as applicable) and translate them into optimization opportunities regionally.
- Duties and responsibilities may be added, deleted, or modified either formally or informally, either in writing or verbally at the discretion of Management.

**Position Requirements**:

- Bachelor's degree in Business Administration, Supply Chain, Finance, or related field preferred.
- +5 years experience with a CPG company (beverage industry preferred).
- Understanding commodities & hedging tools.
- Understanding of Aluminum political and economic market conditions.
- Able to analyze large amounts of data and creatively problem solve.
- Working knowledge of lean manufacturing and continuous improvement.
- SAP Experience preferred.
- Excellent negotiation skills.
- Strong communication skills across different countries and functions within an organization.
- Excellent organizational and project management skills.
- Management process improvements projects related to the purchasing function.
- Ability to work independently with mínimal direction in a dynamic and fast-paced, changing environment and take initiative.

**Qualifications**:
Education

**Preferred**

Bachelors or better in Business Administration or related field.

Experience

**Required**

Experience with commodities, hedging tools, and aluminum poli