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Monster Beverage Corp

Procurement Manager - Packaging

Monster Beverage Corp, Corona

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In the position of Procurement Manager - Packaging, you will be responsible for securing the best value for all packaging materials, supply, and capacity to complement business strategies for designated geographies in collaboration with the local and global procurement team. Monitor supply within agreement parameters to guarantee sourcing models are followed and ensure supply continuity.

Essential Job Functions:

  1. Secure and analyze quotations, negotiate prices and terms, recommend suppliers based on capacity, cost, and quality, and manage relationships and vendor partnerships.
  2. Monitor market conditions and recommend contracting positions where feasible. Analyze and report on commodity market updates such as pulp, paper, resin, and other commodity market updates/pricing impacts. Understand industry trends in materials like aluminum, polyethylene terephthalate (PET), high-density polyethylene (HDPE), glass, corrugate, paperboard, and shrink and stretch packaging.
  3. Ensure accurate updates of pricing information records due to fluctuations in pricing, manage cost reduction projects, analyze cost changes and purchase price variances, and assist Accounting in resolving price discrepancies.
  4. Work closely with Co-Packers, Manufacturing, and Engineering to ensure packaging quality and supplier performance, support the resolution of regional and global supply and quality issues, and actively participate in resolving crisis-level issues.
  5. Ensure claims are initiated and gather required data for filing claims with responsible parties.
  6. Visit vendor offices and plants to assess capabilities, establish new vendor programs, and ensure vendors meet capacity and capability requirements.
  7. Monitor logistics costs to ensure efficient and cost-effective purchasing, aligning with Monster's strategic goals.
  8. Manage special projects such as promotional activities, ensuring they are executed effectively and align with business strategies.
  9. Participate in high-level business teams to understand and align regional business strategies with global procurement and supply strategies and be actively involved in the product development process to ensure appropriate sourcing of packaging items.
  10. Position Requirements:

  • Prefer a Bachelor's Degree in Business Administration, Supply Chain, Engineering, Finance, or a related field.
  • More than 5 years of experience in a Consumer-Packaged Goods (CPG) company, beverage industry preferred.
  • Between 3-5 years of experience in primary packaging procurement.
  • Intermediate to advanced proficiency in Microsoft Office applications; SAP experience preferred.
  • Understanding commodities and hedging tools; knowledge of aluminum political and economic market conditions; familiarity with lean manufacturing and continuous improvement; ability to manage process improvement projects related to purchasing.

Base Salary Range: $73,500 - $98,000

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Education
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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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