Director, Procurement

ABOUT US

At the heart of AG1 lies a commitment to our mission to empower people to take ownership of their health. Since 2010, we've dedicated ourselves to bringing Foundational Nutrition to people around the world.

Our ethos is deeply rooted in science, with an unwavering dedication to continuous improvement. We leverage and contribute to the latest research to deliver a powerful, straightforward solution for optimal health to our customers. We harness the finest ingredients so that every scoop of AG1 gives you the nutrients you need with the simplicity you want in a daily routine.

Likewise, our organization puts the same energy into creating an environment that is a reflection of the cultural values that define who we are and how we work together. These seven values— One Spectacular Life, Customer Centric, Radical Ownership, High Performance, Courage, Good Humans and Continuous Improvement—are a representation of the high standards we set, and hold ourselves accountable to, when it comes to building our global team.

THE ROLE

AG1 is looking for an experienced and highly-strategic Director, Procurement to join our growing global Supply Chain team. This role will play a pivotal role in leading the development and execution of category/sourcing strategies within specific product categories (Ingredients) for the AG1 product portfolio. The role will be critical in ensuring AG1 is able to fully utilize its network of 3rd party partners to achieve the company’s objectives and our consumer value proposition (enabling profitability, cashflow, quality, sustainability: constantly focusing on optimizing the total value for AG1.

You will do this by developing and executing sourcing strategies based on a 7 step process, working with a cross functional team and focusing on insights, data and supplier management/development to ensure the best outcomes. You will have a strong understanding and ability to utilize game/decision theory and executing competitive sourcing events that include auctions (Dutch, Japanese and English reverse auctions). You will be experienced in driving contract and commercial negotiations on a global scale, enabling you to secure competitive pricing, improved quality performance and favorable terms beyond this. You will show a strong competence around the use of data/analytics to access and evaluate complex business problems and identify gaps and opportunities. You will be responsible for sourcing strategy of the total Ingredient Category of AG1 (which makes up circa 50% of our supply chain costs and covers circa 100 ingredients across our portfolio), working closely with a diverse team of sourcing managers and category insights/capability managers to ensure delivery of our results.

This role is 100% remote and must be based in Ireland.

WHAT YOU’LL DO

Strategic Sourcing / Category Strategy

• Develop and introduce sourcing/category strategies that align with business objectives (delivering cost-efficiency, improved quality and service level performance, cash-flow and sustainability/supply chain transparency improvements).
• Create and maintain overall category strategy: Utilizing key strategic tools such as Kearney’s Purchasing Chess Board to evaluate category positioning and optimum strategies to deploy (beyond sourcing alone). Utilizing Category strategy insights to oversee none-sourcing actions (ie, supplier innovation development).
• Coach and offer guidance to the other AG1 Sourcing Managers ensuring a robust strategic approach to all items sourced within the category, while fostering a culture of learning and development.
• Guide cross functional teams and ensure strong business partner processes are set up to keep all relevant functions informed, all leaders engaged, aware and involved.
• Execute the 7 Step Sourcing Process: Working with the Category Insights & SRM team to establish a strategy that considers factors such as historic supplier performance, market insights, business needs/constraints, supply vs. demand dynamics, supplier trends and capabilities, etc.
• Develop and execute supplier tenders by crafting comprehensive Request for Proposals and Information (RFPs and RFIs), utilizing the outcomes to define bidding strategies that optimize game theory and auction/negotiation tools.

• Auctions: Manage and conduct competitive e-auction processes, including reverse auctions that utilize multistage rounds, multi-variable bidding, bid transformations, supplier feedback strategies and alternative tactics that promote supplier competition and deliver the optimum value for the business.
• Supplier Selection and Awards: Oversee Supplier Evaluations throughout the process, utilizing the bidding tools and outcome to make final recommendations on award (with clear expectation on business impact). Capturing Business/Leadership approvals and completing contract negotiations with selected suppliers to point of contract signature.

Continuous Value Creation (Category Strategy Implementation)

• Support Category Insights & SRM team in conducting/supporting regular supplier review meetings (QBRs). Utilizing such meetings to review quality and service level performance, pricing and costs, commitments on innovations and efficiencies, etc in accordance with contractual agreements.
• Work with Category Insights & SRM team to develop and identify new/alternative suppliers (attending industry events, etc).

• Partner with the FP&A team on reporting on actual volumes/prices and variances vs. budgets – utilizing data and insights to agree priority actions and projects.
• Employ value engineering methodologies to optimize cost efficiencies and drive continuous improvement initiatives, ensuring we maintain a competitive edge in the market.

• Stay abreast of industry developments, innovative procurement technologies, and regulatory changes that may impact sourcing strategies.

WHAT WE’RE LOOKING FOR

• 8-10 years of procurement, strategic sourcing, or supply chain management within the consumer goods or health and wellness industry.
• Bachelor's degree in Economics, Business Administration, Supply Chain Management, or related field; advanced degree preferred.
• Demonstrated success in negotiation and managing supplier relationships on a global scale.
• Proficiency in utilizing game theory principles and reverse auctioning methods.
• Strong analytical skills with the ability to interpret data and make informed decisions.
• Excellent communication, negotiation, and interpersonal skills.
• Adaptability to a fast-paced, dynamic environment and a proactive approach to problem-solving.
• Strong attention to detail and a proven ability to manage multiple work streams at once.
• Strong interpersonal, written communication, and organizational skills.

WHAT'S IN IT FOR YOU?

• Competitive compensation and performance-based incentive plans.
• A 100% remote working environment (excluding Laboratory positions), which has been implemented from day one.
• A strong company culture that is enforced through the hiring process to ensure values alignment and a highly collaborative team.
• A mission-driven approach to everything that we do, with an overall goal to significantly improve our customers’ health and wellness.
• A high-growth, dynamic environment with opportunities for your direct impact to be felt.
• Paid holidays, company-wide mental health days, and unlimited PTO (based on your country of residence).
• In-person team meetups for optimal collaboration, team building and accelerating productivity.
• A work environment and culture that is based on high performance, productivity and continuous improvement.
• The opportunity to work with passionate, high-growth, business-minded colleagues who bring their all to our mission each and every day.
• Access to AG1 products and branded swag.
• Monthly telecom stipend to offset some of the costs of home internet/wifi for eligible team members.
• All other benefits and insurances as required by law, based on your specific country of residence.

AG1 is an Equal Opportunity Employer. We are committed to inspiring fulfilling lives, starting with a focus on health and we believe this starts in the workplace. We do this by providing employees with a safe and welcoming work environment free of discrimination and harassment. We strive to create a diverse & inclusive environment where all team members can thrive, feel a sense of belonging, and make a difference in the world together. We do not discriminate based on age, race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, veteran status, disability, or any other status protected by law. We are an equal opportunity employer.