Product Procurement
Posted Updated 4
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Description
Position Summary:
Primary function of this position is to play a key role in purchasing feed ingredients and products, managing inventory positions, monitoring commodity markets, and supporting competitive and profitable product pricing. Reporting to the VP of Feed Division and working closely with the Product Procurement & Risk Management Manager, this position is ideal for someone who understands agricultural commodities, enjoys working with markets and numbers, and can build strong relationships with suppliers and internal teams.
Duties & Responsibilities
- Ability to sit for long periods of time.
- Ability to stoop, bend, and reach on occasion.
- Purchase assigned feed ingredients, commodities, and products to support production and customer needs.
- Monitor commodity and ingredient markets, including pricing, basis, freight, availability, and market trends.
- Work closely with the Product Procurement & Risk Management Manager to execute purchasing and risk-management strategies.
- Develop and maintain strong relationships with suppliers, processors, merchandisers, and transportation providers.
- Assist in negotiating pricing, freight, delivery terms, quantities, and other purchasing terms.
- Monitor ingredient inventories, purchase commitments, projected usage, and upcoming delivery requirements.
- Maintain accurate ingredient and product costs and support timely pricing decisions.
- Monitor product margins and recommend pricing adjustments as commodity, freight, and other costs change.
- Coordinate closely with feed production, nutrition/formulation, sales, transportation, and accounting.
- Identify sourcing, purchasing, and pricing opportunities that improve supply reliability and Feed Division profitability
- Perform all other duties as assigned by Supervisor.