The Director of Procurement & Commodities is responsible for leading the strategic sourcing, purchasing, and commodity management functions across a consumer packaged goods (CPG) manufacturing organization. This role drives cost efficiency, ensures supply continuity, and supports long-term business objectives through disciplined procurement practices and proactive commodity strategies.
The Director oversees both direct and indirect spend, manages key supplier relationships, and leads initiatives to mitigate market volatility and inflationary pressures. This position plays a critical role in strengthening the supply chain, optimizing cost structure, and supporting operational excellence and growth.
Key Responsibilities
Strategic Procurement Leadership
- Develop and execute procurement and commodity strategies aligned with business goals and operational needs
- Establish sourcing governance, policies, and best practices to ensure consistency and compliance
- Balance cost, service, and risk to support business continuity and performance
- Provide regular reporting on procurement performance, risks, and market conditions
Commodity & Category Management
- Lead sourcing strategies for key raw materials, ingredients, and packaging categories
- Monitor commodity markets and trends; develop strategies to manage volatility and cost exposure
- Manage supplier portfolio including selection, consolidation, and risk mitigation strategies
- Act as escalation point for critical supply or pricing issues
Financial & Cost Optimization
- Manage material budgets, forecasts, and cost models impacting COGS
- Drive cost savings, cost avoidance, and purchase price variance (PPV) improvements
- Ensure strong contract coverage, supplier performance, and service levels
- Support working capital targets through inventory and purchasing discipline
Procurement Operations & Execution
- Oversee purchasing activities to support production schedules and inventory requirements
- Ensure ERP accuracy, data integrity, and process compliance
- Partner with Planning, Operations, and Logistics to align supply with demand
- Lead continuous improvement initiatives across procurement processes
Supplier Management & Risk Mitigation
- Build and maintain strong supplier relationships focused on performance, innovation, and reliability
- Ensure supplier compliance with applicable quality, safety, and regulatory standards
- Implement risk mitigation strategies including dual sourcing and contingency planning
- Partner with Legal on contract negotiation and management
Cross-Functional & Commercial Support
- Support R&D and product innovation through sourcing of new materials and inputs
- Ensure procurement readiness for product launches and customer initiatives
- Provide cost insights and material availability guidance to Sales and Marketing
- Align sourcing strategies with commercial timelines and customer expectations
Team Leadership & Development
- Lead and develop a high-performing procurement and commodities team
- Foster a culture of accountability, collaboration, and continuous improvement
- Build team capabilities in strategic sourcing, commodity management, and negotiation
- Ensure effective tools, training, and market intelligence are in place
