Sr, Manager, Sourcing Jobs

Veyl Ventures was founded in 2017 when two long-time friends combined their talents in marketing and technology to create a truly unique health brand dedicated to helping people (and their pets) improve their physical and mental wellness at an affordable price. Veyl Ventures is a self-funded company with ownership of three brands, Dr. Kellyann, L’Evate You and NatureM.D. (formerly United Naturals). Their work with weight loss and anti-aging expert, Dr. Kellyann Petrucci, and Steve Harvey have led to the creation of many proprietary formulations based on extensive clinical research to improve digestion, reduce acute inflammation and boost energy. Their content reaches millions of people every month through digital media, inspiring and educating on healthy lifestyles and driving sales for high-quality products that help people lead better lives.

The newest chapter in the Veyl success story is the recent acquisition of our first manufacturing facility. This exciting step allows us the opportunity to further refine our overall Supply Chain and allows for even faster product development and go-to-market efforts.

Position Summary

As one of the fastest growing health and wellness supplement companies in North America, and proud owners of our own manufacturing facility, we are seeking a talented and experienced Senior Sourcing Manager to lead supplier diversification efforts and drive down costs of all purchased materials, components and ingredients. Under the general direction of the Director of Supply Chain, this role will be responsible for ensuring best in class Sourcing practices are utilized in the procurement of goods in support of production operations. This person will also support some of the additional supply chain functions such as planning, purchasing warehousing and logistics as needed. The successful candidate will be an aggressive, self-starter who enjoys the challenge of driving cost savings.

This is an exciting opportunity to step into a role supporting a thriving business. You will have the opportunity to manage and mentor two Purchasing Associates while working closely with senior leadership to refine and define best practices within the department.

Additional Details

Responsibilities:

• Implement common processes and tools and drive continuous improvement.
• Negotiate pricing, contracts, floor stock arrangements, etc., with these vendors to solidify supply chain
• Identify and mitigate supply risks that would otherwise impact operations.
• Develop, manage and maintain a robust network of suppliers within the RFP/RFQ processes
• Ensure data integrity, proper analysis and reporting
• Develop, implement and manage vendor/supplier performance metric (KPI)
• Collaborates with the Product Development and Supply Chain teams to drive cost reductions.
• Expand the Veyl Supplier/Vendor database by addition of new vendors
• Track and present cost benefit analysis to management for projects.

Qualifications:

• Thorough understanding of RFP, RFQ process with experience in implementing these processes.
• Demonstrated ability to communicate effectively with a variety of audiences and work cross functionally across the organization.
• APICS or CPM Certified preferred
• Demonstrated process improvement experience.
• In-depth understanding of the end-to-end supply chain.
• Problem solving, project management and strong communication skills.
• Bachelor’s degree required.
• 7+ years of ingredient sourcing experience with a heavy focus on dietary and nutritional supplement and functional food industries.
• Ability to handle multiple projects simultaneously, prioritizing as needed.
• ERP experience (Microsoft Nav and/or NetSuite preferred)
• A good understanding of supply and/or demand planning concepts.

Physical Requirements & Working Conditions

Incumbent must be able to sit at and navigate a computer workstation. May be required to use additional office equipment (e.g. printer, scanner, etc.) on occasion. In-person meetings and some travel required as needed.

Perks & Benefits

• 100% remote opportunities
• Paid Volunteer Time Off to connect with your community
• Flexible PTO and paid holidays
• Summer Fridays - We provide downtime the first Friday in July, August and September
• Company-sponsored health insurance and 401k
• Free products upon hiring and employee discounts for all of our brands
• Company- sponsored wellness programs

Veyl Ventures is an EOE/Veterans/Disabled/LGBTQ Employer! At Veyl, our goal is to be a diverse and inclusive workplace that is representative, at all job levels, of the customers we serve and the communities we operate in. We are proud to be an inclusive company as an Equal Opportunity Employer and we prohibit discrimination and harassment of any kind. We believe that diversity and inclusion among our teammates is critical to our success as a company, and we seek to recruit, develop, and retain the most talented people from a diverse candidate pool. If you are thinking about joining our team, we expect that you would agree!

Salary Description

125,000-130,000