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Manager - Purchasing & Market Intelligence at JTM Food Group
JTM Food Group
No longer available
Administration
Posted 2 weeks ago
Job Description
Manager - Purchasing & Market Intelligence
POSITION: MANAGER - PURCHASING & MARKET INTELLIGENCE REPORTS TO: DIRECTOR - STRATEGIC SOURCING PERKS & BENEFITS - MANAGER - PURCHASING & MARKET INTELLIGENCE
POSITION: MANAGER - PURCHASING & MARKET INTELLIGENCE REPORTS TO: DIRECTOR - STRATEGIC SOURCING PERKS & BENEFITS - MANAGER - PURCHASING & MARKET INTELLIGENCE
- Top Work Place Winner
- Weekly Pay
- Free Meal Buffet, Discount on JTM Products
- Free Uniforms, Shoe Allowance
- Free Gym Membership, Free Health Screenings
- Full Medical Benefits
- 401K/Profit Sharing
- Generous PTO
- Bonus Potential (Referral Bonus, Service Bonus, etc.)
- Monitor and analyze global market trends for key food raw materials and packaging, including meat, dairy, vegetables, grains, oils, plastics and linerboard.
- Track pricing movements and supply/demand fundamentals using recognized industry data sources.
- Develop short- and long-term forecasts and market outlooks to support procurement strategy, sourcing decisions, and risk management initiatives.
- Build and maintain market dashboards, pricing models, and benchmark indexes for internal visibility and strategic planning.
- Prepare and distribute weekly and monthly market intelligence reports for internal stakeholders.
- Maintain relationships with suppliers, brokers, and data providers to ensure accurate and timely market information.
- Lead and supervise a team of purchasing agents and market analysts responsible for raw material procurement and market intelligence.
- Oversee daily purchasing operations to ensure timely and accurate ordering of materials based on production schedules.
- Establish common-sense inventory levels by considering high-moving items, MOQs, and supplier lead times to balance availability, cost, and storage efficiency.
- Establish team goals and performance metrics aligned with departmental KPIs such as cost savings, on-time delivery, and supplier compliance.
- Collaborate with production, planning, and quality teams to anticipate and resolve supply chain disruptions.
- Review and approve large or high-impact purchases, contracts, and supplier agreements.
- Manage vendor relationships and support purchasing agents in resolving delivery issues, quality concerns, and non-conformance cases.
- Train team members on procurement best practices, compliance requirements, ERP system usage, and market analysis methodologies.
- Monitor commodity markets and support strategic sourcing initiatives to mitigate cost volatility and supply risk.
- Ensure documentation and traceability of all purchasing transactions comply with food safety standards (e.g., FDA, USDA, GFSI).
- Lead or support supplier qualification processes, audits, and corrective action follow-ups.
- Safety/GMP/Food Safety/Quality policies followed.
- BRC Compliance.
- Reporting accuracy.
- Customer requirements.
- Bachelor's degree in Supply Chain Management, Business, Food Science, Economics or related field preferred.
- 10+ years of purchasing or procurement experience in the food manufacturing industry.
- 2+ years of supervisory or team leadership experience.
- Solid understanding of food ingredient supply chains, vendor management, and traceability standards.
- Solid understanding of market research, market intelligence, or strategic analysis within the food or consumer goods industries.
- Hands-on experience with market intelligence tools, data platforms, and reporting dashboards.
- Strong leadership and people management skills.
- Excellent negotiation and communication abilities.
- Proficiency in ERP and procurement systems (e.g., SAP, NetSuite, Oracle, Aptean).
- Familiarity with regulatory and quality standards (e.g., HACCP, FSMA, SQF).
- Strong problem-solving skills and ability to prioritize in a fast-paced environment.
- Market analysis and reporting skills, including forecasting, benchmarking, and trend evaluation.
- Office-based, with routine visits to the production floor and occasional supplier site visits.
- Occasional travel may be required for vendor meetings, industry conferences or audits.
- Must adhere to company food safety and GMP policies.
- This position is an onsite position.
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Typical mid-level pay: $140k for Purchasing Managers nationally
National salary averages
Expected mid-level
$140k
Entry
Mid
Senior
Expected
$86k
Market range (10th-90th percentile)
$219k
Senior roles pay 63% more than entry—experience is well rewarded.
Balanced market
Standard dynamics. Preparation and demonstrated value matter most.
Hiring leverage
Balanced
Wage leverage
Balanced
Mobility
Moderate
Where to negotiate
Base salary
Sign-on bonus
Title / level
Remote flexibility
Scope & responsibility
Start date / PTO
Likely Possible Unlikely
Does this path compound?
Job Growth →
⚡
High churn
Growth, flat pay
🚀
Compound
Growth + pay upside
⚠️
Plateau
Limited growth
⭐
Specialize
Experts earn more
Pay Upside →
Expertise pays off
Limited new roles, but specialists earn significantly more.
+3%
10yr growth
A bachelor's degree is typically expected.
Typical: Bachelor's degree
Openings come from turnover, not new growth. Differentiate to advance.
Labor data: BLS 2024